Facebook's Libra is being reviewed by the US government again

[wack slacker]

Facebook's Libra is being reviewed by the US government again. Please express your feelings! I think Big Pump is coming very close to the whole market.

[zhekinsp]

If it is done by US then why the sources are in Chinese (I guess).Libra's wave is over we need something new FUD to distract or attract the investors.

[CjMapope]

As far as Libra goes, it will be hard now. the hype was there, people were ready, but now i fear the confidence in it will never recover once its  released
it will take alot longer for it too have its pump, i still think it will tho, it has to haha its fricken "facebookcoin"
is a big pump coming soon to the market? maybe.  im sure we all hope so, thats for sure

[tinyteapot]

Facebook's Libra is being reviewed by the US government again. Please express your feelings! I think Big Pump is coming very close to the whole market.

Libra coin is not wanted by the crypto community, the US congress will not pass the operations bills.
The image in your post is written in chinese and i wonder how that correspond with US.

[shinratensei_]

Facebook's Libra is being reviewed by the US government again. Please express your feelings! I think Big Pump is coming very close to the whole market.

Libra coin is not wanted by the crypto community, the US congress will not pass the operations bills.
The image in your post is written in chinese and i wonder how that correspond with US.

that's just rumor only, there is no news related to that thing. especially when it comes from china and you know if china is contradicting with US. Usually, the media from the US just need a few seconds or minutes to create a new article about that. that doesn't make sense to see china know more than US media itself.

If it is done by US then why the sources are in Chinese (I guess).Libra's wave is over we need something new FUD to distract or attract the investors.

Just another rumor to bring the hope for libra again, facebook has already stated if the company has changed its way to develop facebook digital cash and leave libra.

[tsaroz]

Libra needs US and US wants something in return from the Libra project. Libra would want an environment to do business freely under the security of the US worldwide. Anything endorsed by US is readily accepted around the world while the ones banned by US has nearly no future.
The only thing US wants from Libra is sharing of every information the Libra would ever have.

[enhu]

As far as Libra goes, it will be hard now. the hype was there, people were ready, but now i fear the confidence in it will never recover once its  released
it will take alot longer for it too have its pump, i still think it will tho, it has to haha its fricken "facebookcoin"
is a big pump coming soon to the market? maybe.  im sure we all hope so, thats for sure

Its  one of the  biggest social media network site in the world, it will be  easy for libra to make it popular with facebook. The hype can easily float again when Mark Zucker tweets it, media will take  it very seriously when its tweet by this sucker. The government however will not make it easy for him, he has to give something to  US government more favorable to the  government  before libra can launched.

[bitcoin_paypal]

I dont think what US will allow it. It will give to much power to facebook

[sureshnsnet]

Facebook's Libra is being reviewed by the US government again. Please express your feelings! I think Big Pump is coming very close to the whole market.

I do not know about where you got the news source because it is in chaises maybe it is new types of FUD to get investors in the crypto market. I know that the US government going to review the libra crypto coin next year before going to launch libra coins next year.

[pamsugas]

Why does the media write in Chinese? is there really a version for english?
if indeed it will be reviewed and will be accepted by the US government I would say a big PUMP will occur where the passion for crypto returns, many new investors will buy bitcoin and altcoin.

[knuckey]

Libra needs US and US wants something in return from the Libra project. Libra would want an environment to do business freely under the security of the US worldwide. Anything endorsed by US is readily accepted around the world while the ones banned by US has nearly no future.
The only thing US wants from Libra is sharing of every information the Libra would ever have.

Yes, that is true and requests from the U.S government includes all facebook user information. So all of this is just a game in their business for profit, not for the development or revolution of the crypto industry and this is far from the word decentralization, just centralized as they wish.

Because when a request has been given, then one day they will return for another request, if not then we all know what the consequences are, the product continues to be allowed or ban.

[bitcampaign]

Facebook's Libra is being reviewed by the US government again. Please express your feelings! I think Big Pump is coming very close to the whole market.

no wonder the US is checking them again, but I think they will find it hard to stop this libra project, I can't wait to see what will be great next year considering lots of news coming and events next year, whether it is crypto year, I don't patiently waiting for him, not hoping the pump comes hoping new trust grows and comes again for the crypto community and the importance of adoption

If it is done by US then why the sources are in Chinese (I guess).Libra's wave is over we need something new FUD to distract or attract the investors.

maybe the OP is from China so he got the news in Chinese

[stadus]

Being reviewed doesn't mean they will agree with it, and I suggest you translate what is written in the picture, and also attached the source of your post.

I searched the thread title in google but could not find any news related to what you posted.

[TastyChillySauce00]

Being reviewed doesn't mean the got approved. Also, it has nothing to do with the whole crypto market anyway. Libra is a stablecoin and if there are influx of investors all the money will go to the company's pocket and not anywhere else. At best, it will just increase the overall crypto market capitalization and that's it.

[jx_pt]

Hello, I am not in top of the subject, still not clear to me, but I am on the impression that, here in EU, the libra will have some extra issues to overcome before (eventual) adoption.

https://techcrunch.com/2019/12/06/no-libra-style-digital-currencies-without-rules-say-eu-finance-ministers/

https://www.tokenpost.com/EU-should-create-its-own-digital-currency-amidst-the-rise-of-stablecoins-ECB-official-said-4341

[nutriagrigia]

I think the big pump is still very far away. the review by the US government of the creation of LIBRA would not be positive because LIBRA itself had not done anything to satisfy the wishes of the government. And in general, I believe that the growth of the cryptocurrency market will not be associated with LIBRA. This project is not important to us.

[leea-1334]

Could you help translate and share what the meaning of that post was? Or was it actually just a translated version of what we can already find on Google about that news? Libra already said they would be delayed at least until 2021 if I remember correctly. Why would they be again asking for a review from US government? Or is this to see if they should be completely stopped?

[alyssa85]

I just googled and there is absolutely nothing about this in the American press at all.

And there are no announcements from the American regulators - which means the US government isn't doing anything at all.

Also: there is nothing to "review" yet as Facebook hasn't launched Libra yet and may not launch it at all given how many high-profile payment processors have walked away from the project.

[enhu]

I just googled and there is absolutely nothing about this in the American press at all.

And there are no announcements from the American regulators - which means the US government isn't doing anything at all.

Also: there is nothing to "review" yet as Facebook hasn't launched Libra yet and may not launch it at all given how many high-profile payment processors have walked away from the project.

No wonder because every time there is, the media will always make sure it reaches to the otherside of the world. It does sound like there are users who are conditioning the minds of the people in crypto that its about to be approved.

Posted yesterday was this thread also making it appear like facebook libra is a revolutionary currency that challenge monetary policy of countries.

[Harlot]

Did you just assume that because it's being reviewed by the government it will be a positive news? Think again we have this kinds of news lately involving around Bitcoin ETFs and it's expected "approval" yet we only see news about extensions and denied applications because of "lack of requirements" the bottomline is they just give you false hope and nothing more. Besides a good news for Libra might not even be beneficial for the rest of the market since Libra is the complete opposite of Bitcoin and other cryptocurrencies when it comes to their principles.