Libra coin alive or dead?

[MarioV]

I haven't yet understood the true purpose and the true principals of this monetary experiment. It is not clear to me why it seems too light: don't trust, verify!

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[DaMut]

libra is as good as dead, they can not bypass the regulation. I heard a rumor about they are going to launch it next year no matter what happens, but the probability for them to realize it almost zero. we are not ready yet to accept this kind of payment system. the global economy will be shaken, the government will not allow such a thing to happen.

[Surrapatt]

I think we can considered libra or facebook coin already dead because all we know that this project faced on so many issue, so tell me if you are the management or developer of libra how can you clean the project's name and have a good marketing strategies after those issues. The repution is already broke.

What problems have been experienced by libra or facebook coins, brother? I really did not know that a company like Facebook had so many problems that it turned off libra or Facebook coins.

[IvugeoEvolutionCoin]

I saw a tweet by icodrops stating the president of Switzerland said LIBRA has failed in its current form and needs reworking to be approved. Here https://twitter.com/ICODrops/status/1210889995805954054?s=19. I really hoped for Libra to scale through these regulatory hindrances since it will bring more exposure mainstream to crypto, even though it's highly centralized. I'm looking at the usability and acceptability of crypto here and not otherwise.

[xZork]

The Libra currency has not yet been launched so it neither lives nor dies. It is currently struggling with government regulations to be allowed to operate.
However, the US government is concerned about Libra's threat to the financial market, so we still do not know when Libra will be launched.

[jakelyson]

libra is as good as dead, they can not bypass the regulation.

We are yet to see if Libra will not get the go for their coin. They are still in the process of securing it. I think the team behind Libra will be willing to compromise in order to get through the regulations. We can't say their dead until the whole shebang is over.

[Distinctin]

This is the update about Libra 4 hours ago https://cointelegraph.com/news/facebooks-libra-has-failed-in-current-form-says-swiss-president
and I'm not seeing it good actually. There is always a questionable situation that Libra may face and it actually been rejected by some investors.
I couldn't say that Libra will become dead but it can be possible if no one will support this coin, and this coin might belong to shitcoins.

[Xcode7]

There was a rapid growth in bitcoin price in last 2-3 months when it was announced Facebook is going to launch its own coin, called libra coin,
Now its already in cold store, due to US and EU agencies interference.

I saw in coin market cap, its only general information about libra coin, but no technical data is available yet.

This has been a discussion lately, if it is true that this will be launched hopefully it will have a good impact, libra is the center of attention of investors and all, and high expectations seem to be expected to be realized by the price of libra later. But for now we only need to be patient until then, because the US still does not dare to give access to libra. Hopefully next year libra can be launched and not disappoint all of our expectations.

[nicolas1979]

US government and Facebook need more time to agree about regulation because if they miss something there's chance US economic will get impact. Behind Libra is Facebook the largest social media in the world, this coin can take fund from people easily because has powerful back up. The problem is if Libra get more trust and fund better than government financial instrument, public economy will be in down trend and government try to avoid it. Let's them discuss what the best for Libra, we can find how good they are next year.

[DaMut]

libra is as good as dead, they can not bypass the regulation.

We are yet to see if Libra will not get the go for their coin. They are still in the process of securing it. I think the team behind Libra will be willing to compromise in order to get through the regulations. We can't say their dead until the whole shebang is over.

we already see it, what other process are you talking about? the government will not allow them to exist, it can threaten the economy. it is a big matter because we are talking about a legal cryptocurrency that can be used legally, it is practically the same as digital fiat.

[No One]

I think they are doing internal works to push their ambitious project called Libra. Following US's objection, Facebook stepped back a bit with its project. But it had promised to appease regulators when issuing the digital coin. I think they are not dropping their project whatsoever. They must have been working on it behind the scene.

[ðºÞæ]

Many company's in the past have tried to print the own money, every single one has been shut down.
If one company can have it all will have the own currency, why not cost next to nothing to produce and sell for what ever price.

[Ferris419]

Libra is facing many difficulties to launch officially! Many partners left the Libra project, US and EU SEC regulation is rejecting Libra's proposal! So, I don't think we can see it live very soon, but Libra may overcome all the obstacles to launch in 2020, the same hope goes for Telegram TON blockchain!  The crypto market really needs these two gems to acquire a huge mass adoption!

[shadowdio]

Well it is not dead because it is not yet launch, but I don't know if they launch Libra in the next year because you know how government want to stop libra to launch, it is hard for them to convince the government.

[fuer44]

officially, libra has not been released to the public and plans next year when bitcoin will be fork halving and etherum 2.0. Even from the news that I saw, America and France did not agree with the Libra project because stable coins equivalent to the dollar could damage the global market and economy. but we still have to see again what steps this Facebook CEO has to do, will it be a living coin and eventually released to the public, or will it die and it will never be seen in the market?

[BuNga_cute]

We cannot say that libra coin is dead, because there is still a possibility that libra coin will be launched in 2020. Now libra coins
which is supported by Facebook trying to get an agreement with the American government. Since I don't trust Facebook, I don't
really expect the launch of Libra Coin. But I have to admit that if Libra launches successfully, it will give good impact on the world
of cryptocurrency.

[fortunecrypto]

There was a rapid growth in bitcoin price in last 2-3 months when it was announced Facebook is going to launch its own coin, called libra coin,
Now its already in cold store, due to US and EU agencies interference.

I saw in coin market cap, its only general information about libra coin, but no technical data is available yet.

There is no official announcement that it is now dead or will not launch, it is still in a planning stage, although there is an uncertainty that it will not launch, still, the project is still in the making and we will have to wait for further announcement, that they are going to launch or they will not.

[Palider]

Libra coins is not already launching so you will see on coinmarketcap general information and no price and active exchanger. Maybe 2020 Libra coin will laucnh and we will see if this facebook coin have a good impact on the price of bitcoin .

[cabron]

Didn't they announced the release of the Callibra wallet of Libra project? There isn;t really a clear information about why they are releasing this wallet whether isn't any legal actions that project may really come to life.  LIBRE however might do.

Facebook hasn't give up the project which they are still in battle for its launch, this could spark adoption when approved by the US senate.

[duuuuude]

The authorities and higher structures just do not lag behind the scales, everyone wants to have their own profit, this is why the future of this coin is interesting. I also wonder who is behind Bitcoin? somebody knows?)