Why I think Libra Coin will Win

[xZork]

Facebook is a large and reputable social network, with the support from Facebook I think libra will gain the attention and confidence of the majority of investors.
However, Libra is currently facing regulations against cryptocurrencies of governments around the world. The US government dislikes libra because it is concerned about the risk it poses to the financial sector. Perhaps we will have to wait a long time before libra is released.

[zhekinsp]

FYI,Mark Zuckerberg has regulatory issues on launching their project such as governments like USA and France has against that project maybe this will happen with the remaining governments as well so the launch will take too much time from now until that why not try any other untility coins which is something not controlled by anyone?

Why you are so much interested on Facebook's lira project when you don't even have an account there?

In my opinion, @OP looks more at the opportunity side, as we know that Mark Zuckerberg has appeal in every platform he has developed and so far his platform has been a huge success. I'm sure @OP also thinks of opportunities like Mark Zuckerberg did, although Libra is still faced with regulatory issues, but I'm sure when Libra is able to overcome it all, soon this coin will develop rapidly.

Any business could bring income to the governments that is why they allowing anything from ig companies but when something could affect their soverign currencies then the oppse will stay here until Mark could become their president.

[Jiyens3]

FYI,Mark Zuckerberg has regulatory issues on launching their project such as governments like USA and France has against that project maybe this will happen with the remaining governments as well so the launch will take too much time from now until that why not try any other untility coins which is something not controlled by anyone?

Why you are so much interested on Facebook's lira project when you don't even have an account there?

In my opinion, @OP looks more at the opportunity side, as we know that Mark Zuckerberg has appeal in every platform he has developed and so far his platform has been a huge success. I'm sure @OP also thinks of opportunities like Mark Zuckerberg did, although Libra is still faced with regulatory issues, but I'm sure when Libra is able to overcome it all, soon this coin will develop rapidly.

Any business could bring income to the governments that is why they allowing anything from ig companies but when something could affect their soverign currencies then the oppse will stay here until Mark could become their president.

Thinking is very good, especially based on the fact that it supports. Indeed I see for the development of Libra the coin continues to progress. And I think it is the underlying you think so. So it will be very good by giving positive pecan. To be a winner should Libra coin continue to improve its development and increase its ability to compete with other coins that are still above Libra coin. So keep the spirit and expand all its abilities.

[FairUser]

Facebook is a large and reputable social network, with the support from Facebook I think libra will gain the attention and confidence of the majority of investors.
However, Libra is currently facing regulations against cryptocurrencies of governments around the world. The US government dislikes libra because it is concerned about the risk it poses to the financial sector. Perhaps we will have to wait a long time before libra is released.

Given the current general situation, I think we will not need to wait too long. In my mind, Libra will be launched in 2021 or earlier because China is ahead of the United States in crypto. Libra will be accepted and compete with Chinese cryptocurrency in the future. It was just my personal prediction, but the reality is that things could turn out differently

[slaman29]

Good luck with this game changer that by the way HAS NOT changed the game yet. Why because it doesn't even exist for you.

I don't see why you can't see the exact same things for Bitcoin. You need to sign up for FB to use Libra, same thing you need to only sign up a client to use Bitcoin.

Tell me if you can use Libra in countries where there's no Facebook, by the way.

[kindbtc]

Definitely Libra is going to revolutionize the market in shape of adoption of overall crypto market especially if it gets the clearance and total backing of the US government because it is the only hurdle they have untill now but recent events suggest that this will be cleared as well which will be massive for the market.

[xZork]

Facebook is a large and reputable social network, with the support from Facebook I think libra will gain the attention and confidence of the majority of investors.
However, Libra is currently facing regulations against cryptocurrencies of governments around the world. The US government dislikes libra because it is concerned about the risk it poses to the financial sector. Perhaps we will have to wait a long time before libra is released.

Given the current general situation, I think we will not need to wait too long. In my mind, Libra will be launched in 2021 or earlier because China is ahead of the United States in crypto. Libra will be accepted and compete with Chinese cryptocurrency in the future. It was just my personal prediction, but the reality is that things could turn out differently

I think China is not ahead of the United States in cryptocurrency. As far as I know, the Chinese government is still fighting cryptocurrencies because of concerns about tax evasion and asset flows abroad. China claims that support for Blockchian does not support cryptocurrencies
Recently, the central bank of China has issued a number of regulations to tighten investment funds for cryptocurrencies.
Libra will need a lot of effort to launch the market, let's keep an eye on.

[acdc]

My question to you is: Will regulators actually allow Libra to establish themselves, let alone succeed?

Until now Libra is still fighting to get the permission of the US government. However, it will be very difficult because of the US government's concerns about the dangers of cryptocurrencies.
Maybe libra will get permission in the future and they will operate before the strict rules of US law. I think libra is very difficult to be released at this time.

[zhekinsp]

FYI,Mark Zuckerberg has regulatory issues on launching their project such as governments like USA and France has against that project maybe this will happen with the remaining governments as well so the launch will take too much time from now until that why not try any other untility coins which is something not controlled by anyone?

Why you are so much interested on Facebook's lira project when you don't even have an account there?

In my opinion, @OP looks more at the opportunity side, as we know that Mark Zuckerberg has appeal in every platform he has developed and so far his platform has been a huge success. I'm sure @OP also thinks of opportunities like Mark Zuckerberg did, although Libra is still faced with regulatory issues, but I'm sure when Libra is able to overcome it all, soon this coin will develop rapidly.

Any business could bring income to the governments that is why they allowing anything from ig companies but when something could affect their soverign currencies then the oppse will stay here until Mark could become their president.

Thinking is very good, especially based on the fact that it supports. Indeed I see for the development of Libra the coin continues to progress. And I think it is the underlying you think so. So it will be very good by giving positive pecan. To be a winner should Libra coin continue to improve its development and increase its ability to compete with other coins that are still above Libra coin. So keep the spirit and expand all its abilities.

Moreover libra project will be a stable coin project so I don't think it will really make attention among the investors who are existing now,but if Libra comes more institutional investors will start to arrive crypto space.

[ganeshramk]

LIBRA coin will win because of its source and parent company facebook. They will make sure that this will be hit and may integrate somehow with facebook also. In that way, its fed into the people mandatorily.

[zhekinsp]

LIBRA coin will win because of its source and parent company facebook. They will make sure that this will be hit and may integrate somehow with facebook also. In that way, its fed into the people mandatorily.

FYI, not everything launched by facebook was succeeded even on their facebook platform itself.There are lot of failures for them when I searched about their history so don't trust the things will suceed because they got a most successive social media platform.Their instagram exceeded their primary social media called facebook recently.

[pixie85]

The problem with libra is that they want it to be regulated and the government is against it and it's easy to stop because they can attack the company behind it that has real people and assets associated with it.

Bitcoin is not that easy to stop because it never asked to be regulated and there's no people you can sue behind it. If the government allows libbra to exist it will. It's vulnerable.

[xiboothrezi]

~


Let me ask you this, do you actually use a coin? Do you ask for a service and pay for that service or product with any coins. I would bet you don't. Some may. And good on them. But the vast majority here ( bitcointalk ) don't. ( I maybe wrong)

But people are going to use Libra. Its not investment. Its a tool. A stable tool.

~~~

I use cryptocurrency only for trading. I have never used cryptocurrency for payment of goods or services. As you said, most do not really care about its utility as a means of payment, it's because everyone has their own views and goals in maximizing the potential of cryptocurrency for themselves. For me, cryptocurrency is more effective as a tool for investment and trading commodities. That is clearly different from those of you who want more adoption for a payment This is not a problem, as long as we can take advantage of this great opportunity to get a comfortable life.

Yes, and I strongly agree with your view of the stable function of Libra for payment. This is effective, of course, because a constant price will not give too much distance in the midst of cryptocurrency volatility. This will be very effective, especially since Facebook has a very large community, more and more people will get to know cryptocurrency if Libra is really implemented.

[TinaK]

Personal speculation should not affect anyone because investors are seriously does not analytical things mostly they confused that you are completely right.
I wish everyone should examine it independently then they have to confirm whether it is worth or i will no support centralized businesses.

[Possum]

Win against who or what, your question is not complete.

Get the top market cap in https://coinmarketcap.com/

[Possum]

Why you are so much interested on Facebook's lira project when you don't even have an account there?

I don't have one of these .. But I sure as am going to buy one 

https://www.digitaltrends.com/computing/amd-ryzen-3000-cpu-everything-you-need-to-know/

Because to the best of my ability I see Libra as being the best tool for me..

[karanggatak]

I think it's too early to say that libra will be a winning or successful coin. because currently libra has not yet been released and is still experiencing problems regarding regulation and licensing. Until now, members of Congress and the United States Government have not given permission to Libra. Even though Libra was issued by a large Facebook company that has billions of users, I don't think it can guarantee that the Libra coins will succeed in the crypto market.

[danherbias07]

I don't have a Facebook account. But I'm going to get one because of Libra.

You should really think about it.
Your information will be leaked here.
If I could just go back in time, I would never ever create a Facebook account, it will succumb you.

I see a business opportunity with Libra and that's that. Some business opportunity bear fruit some don't. You could say that's my own business which I'm not going to discuss here.

I am seeing an online merchant here. There are still different ways to do the transaction option.

OK.. Why will Libra be a game changer.

Because over night millions of people who have no understanding of coins are suddenly going to. And developers are going swarm to Libra..

AND PEOPLE ARE GOING TO ACTUALLY USE LIBRA.

I see where you are going here. But are you really going to abuse the people who have no understanding with it? That is how I understand it.
Man! That is evil.

[starblocks]

Yes, you're right, people are likely to at least try the new stablecoin payment feature when it gets introduced if it makes it to release stage and passes all the stringent regulatory hurdles that stand in the way it should become a unique innovative feature that attracts a lot of interest due to all the hype

[Possum]

If you talk about utilities and will pay someone for his services, then there are many people willing to accept with any coin, even they also accept paypal. But here discuss about a currency that can be owned without identity, self-controlled or not centralized. All these things are already owned by Bitcoin, don't you know and turn a blind eye to the use of Bitcoin from real use? .

Yes you have many good points. I don't even think Libra will make in onto coinmarketcap now as it may not be accepted as a genuine coin by them.

paypal

I bought my first bitcoins with paypal...

Because there are many people, communities, shops, e-commerce, companies or anyone who can be paid Bitcoin for services and other things

You are correct. I'm thinking  thousands versus Millions here. Its no more than a prediction. But I got my first bitcoin in 2011 and sold all them in 2017. Call it luck or intuition. I just have this belief in Libra that it will work for me..