Facebook Libra finally launching?

[smyslov]

Libra is already dead, it is rebranded as "Diem"
Where does the idea come from that a stablecoin is some form of investment. 100% certain to get less back (fees) as spent, plus security risks.

They want to move forward and they want to start fresh so they brand to something easy to understand, many people are not aware of this I have to research it online, fortunately there are a lot of articles that tells us they it's true

https://ph.news.yahoo.com/facebook-backed-libra-association-rebrands-144926629.html they also 

made some key hires ahead of its launch.

Since it's stable coin volatility is not going to be an issue anymore. ans this is the main roadmap

“The Diem project will provide a simple platform for fintech innovation to thrive and enable consumers and businesses to conduct instantaneous, low-cost, highly secure transactions,”

[1714832757]

1714832757

[Psynthax]

So they don't mix many instrument of investment to create stablecoin as they stated in the past but just directly peg dollars for their coin.

Now it seems our market gonna be flooded with stablecoin. So many company including government trying the opportunity to create stablecoin right which might be good because it might arise blockchain system exposure. Maybe it's time to ride to blockchain developer train.

[Shasha80]

Even though I'm not a supporter of Libra, but I'm also curious if Libra actually launches. Will there be hype as predicted
by many people, considering that Facebook created Libra not as an investment. But it is planned to be used for payments
in the online world which is likely to replace the US Dollar.

Therefore from the beginning Libra had difficulty getting permission from the American government, but finally Libra was
successful in launching. To be honest, I was quite surprised to know this, but Facebook is smart about choosing moments
when the cryptocurrency world is gaining popularity. So this is indeed the right time for Libra to finally release.

[dhaldanga]

I don't really know,
Will we get any benefit if Facebook Libra finally launches?
Or will there be a problem for Facebook users.
It would be an advantage if someone could tell a little more about this.

[shoreno]

I don't really know,
Will we get any benefit if Facebook Libra finally launches?
Or will there be a problem for Facebook users.
It would be an advantage if someone could tell a little more about this.

are you holding a crypto now ? if you hodl any you will get benefit because i think once it launches it will also have an effect to other crypto like what happened before to other coins when they launch and those coins are also back by big companies  . another thing you can benefit is if you purchase the coin because they will probably give early promotions which you can save some cash and by using that stable coin your getting the benefit of securing the value of your cryptos . if you wana know more info just click on the link provided by the op

[rat03gopoh]

To be honest, I was quite surprised to know this, but Facebook is smart about choosing moments

Libra (this time Diem) won't use the Facebook brand for its launch after failing the first launch. Diem will be an independent Facebook subsidiary. In fact, it won't affect the global crypto price, it will only increase the volume of crypto capital.

[lumierre]

To be honest, I was quite surprised to know this, but Facebook is smart about choosing moments

Libra (this time Diem) won't use the Facebook brand for its launch after failing the first launch. Diem will be an independent Facebook subsidiary. In fact, it won't affect the global crypto price, it will only increase the volume of crypto capital.

The estimated launch date for the token is already in January 2021. To meet regulatory requirements, the Diem system will comply with all Western sanctions.

[Zeehaxan]

https://cointelegraph.com/news/facebook-s-libra-to-reportedly-launch-in-january-2021-as-usd-stablecoin

"Following more than a year of scrutiny from global financial regulators, Libra will launch in a form of a United States dollar-backed digital currency, the Financial Times reported on Nov. 27"

I do not like their sudden rebranding and the name change to Diem because Libra was better name and it was already a brand in the market but this sudden change could signal something done due to pressure from regulators and in an effort to be compliant with them.

[sort_cirkit]

Facebook is launch their new coins to hold their online market. But it looks like they won't be able to play Libra with the dollar or crypt currency. Originally wanted to change the name to match the dollar. USD Stablecoin, adjusting to the dollar as well as trying to adjust with the crypt. But the name Libra was appropriate for Facebook.

[Marble777]

Facebook is launch their new coins to hold their online market. But it looks like they won't be able to play Libra with the dollar or crypt currency. Originally wanted to change the name to match the dollar. USD Stablecoin, adjusting to the dollar as well as trying to adjust with the crypt. But the name Libra was appropriate for Facebook.

No, whether this is true or not but rumors say that the Facebook company changed the name of the Libra coin to 'DIEM' Coins. this is the link: https://www.coindesk.com/libra-diem-rebrand

[CapGelatik]

nice to hear that Libra launches in january 2021, but what i really regret is that they are stable coins,
of course my expectations about libra are completely wrong, i think Libra deserves to be invested in,
and I was wrong libra is not an investment coin.

[HerbertMarcel]

Facebook has changed the name of their coin to Dime. And Dime will launch in a few days, Facebook said. They just wait for the approval department. It would be a stable coin like USDT. I personally hope Dime will play a much bigger role in the crypto market.

[DU18]

Facebook has changed the name of their coin to Dime. And Dime will launch in a few days, Facebook said. They just wait for the approval department. It would be a stable coin like USDT. I personally hope Dime will play a much bigger role in the crypto market.

Some time ago Facebook claimed to launch Diem coin in January 2021 and of course this could change again if there were regulatory constraints by the American financial sector, but certainly the name change made by Facebook on their coin was one way to reassured regulators in the United States who were uncomfortable with the previous plans for a Libra coin launch.

[trauchot]

It seems like Libra will be launched in 2021, but under a different brand, I don’t know if they will be able to do it, and also many partners no longer cooperate with Libra, so I don’t know what to expect from Diem, but of course the main thing to start with is to launch the Diem project, and then we will see.

[Tash]

It seems like Libra will be launched in 2021, but under a different brand, I don’t know if they will be able to do it, and also many partners no longer cooperate with Libra, so I don’t know what to expect from Diem, but of course the main thing to start with is to launch the Diem project, and then we will see.

What you expect from a stablecoin?
 Take usd get usd equivalent minus fees, changing back take usd equivalent and get usd minus fees.
Usual inflation (purchasing power loss) of 2.3% per year on average plus added security risks