Facebook Bank

[jak3]

As I have already said before once, Facebook is going to take a lot of risks but as because Mark Zuckerberg is one of the richest men and their tenet cost not at like Warren Buffett or Bill Gates but he has a lot of money. But still, this step is very big and very risky at because Facebook is a centralized company and they have to follow rules and regulations for each and every country on the Earth if they are going to spread their ambition at Global scale. I know big companies always try to go for the Global skill because there is the real money market there are billions of people are going to watch and interact with your projects even if they do not like it but still you are going to make millions from it. They already have that audience how they need is the right step at the right time but tell others said it is very risky stuff I am soon the government is going to important with discussions on the Facebook company.

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[1207Lmcin]

Bitcoin isn't a day to day currency, let's just be honest there. It could turn out to be in the far future, but is not right now. Libra could take over that role and stimulate capital to flow into Bitcoin because it's a stablecoin.

I agree with your opinion. In my opinion, the cryptocurrency market needs big corporations like FB to participate in the future. Attracting more money into the market will become easier, Libra's activities in the future will be a big turning point for the development of cryptocurrency.

[marcbitcoins]

Clearly they are preparing for the Libra coin during that time in which finally it's concluded that Facebook is really joining the crypto currency. For the past years they made some controversies regarding Crypto currency existence but that is their ways of preparing their own Crypto like this Facebook bank which is one of their concept.

[RealMalatesta]

Everyone's eyes are on the mark zuckerberg and trump meeting, I don't know if the united states of america is actually run by the president or if there is any power balance however if SEC decides that according to what Trump says the Facebook coin libra will be allowed to do whatever they want than it would also mean that all these time we have been waiting for the ETF for bitcoin might happen as well, everyone sees Libra as the enemy but I have always supported the idea that Libra might be something not good for you but let it become huge so that we can go with the flow it creates and we can get big thanks to it as well, if Libra getting okay from SEC means that ETF for bitcoin will get green light too than I am all for Libra getting acceptance from SEC in order to further my own agenda.

[Natalim]

Libra coin developed by Facebook is facing a very strong reaction from the US government because of concerns related to banking and terrorism. I think the widespread use of Libra will greatly influence US control of the world financial market so it will be difficult for the United States to accept Libra.

They are looking at the risk but it's not justifiable if they will just deny it, that would make them look stupid, in every risk they foreseen, there should be a solution to that and they are the regulating bodies which means they are in control, sot hey just have to find a better solution to minimize the risks.

[1Referee]

I think yes and hope the US government will hold back this tremendous development.

That means you are anti freedom? If you find it okay that the US government stops Facebook from executing their Libra project, you will find it similarly okay that they will stop native crypto projects from building products and services. I'm not a fan of Facebook, but Libra is quite an ingenious project with the potential to serve billions of people with little to no effort.

It will complement Bitcoin too, so what's the problem? Don't be a fan of a bunch of people you never met in real life to decide what can and can't be done. Facebook should be allowed to pull it off.

[fullhdpixel]

Everyone's eyes are on the mark zuckerberg and trump meeting, I don't know if the united states of america is actually run by the president or if there is any power balance however if SEC decides that according to what Trump says the Facebook coin libra will be allowed to do whatever they want than it would also mean that all these time we have been waiting for the ETF for bitcoin might happen as well, everyone sees Libra as the enemy but I have always supported the idea that Libra might be something not good for you but let it become huge so that we can go with the flow it creates and we can get big thanks to it as well, if Libra getting okay from SEC means that ETF for bitcoin will get green light too than I am all for Libra getting acceptance from SEC in order to further my own agenda.

Before you get it twisted man, SEC may still not approve the ETF even if they support the Libra coin, do you know why the meeting between MARK and TRUMP will be successful? Because Libra coin must have been developed to work perfectly well for the government of the United State too, the reason why SEC has been tactically delaying the approval of ETF is still the anonymous system of bitcoin.

I am suspecting that the US is playing a game with the Libra coin, if not, look at it, Facebook that has been against cryptocurrency, suddenly came up with their own idea of creating a crypto they claim will be decentralized but without the anonymous feature, trump has never said anything about crypto since its inception, but recently that Libra coin was introduce, he tweeted about bitcoin negatively, don’t you think that they have a hand already in the Libra coin?

[gwdf1]

Bitcoin isn't a day to day currency, let's just be honest there. It could turn out to be in the far future, but is not right now. Libra could take over that role and stimulate capital to flow into Bitcoin because it's a stablecoin.

I agree with your opinion. In my opinion, the cryptocurrency market needs big corporations like FB to participate in the future. Attracting more money into the market will become easier, Libra's activities in the future will be a big turning point for the development of cryptocurrency.

Facebook with its Libra can help people realize that sooner or later, but all of us will start dealing with cryptocurrencies. The earlier we will begin working with digital money, the easier it will be in the future.

[sana54210]

Facebook with its Libra can help people realize that sooner or later, but all of us will start dealing with cryptocurrencies. The earlier we will begin working with digital money, the easier it will be in the future.

If it is all about centralized digital money, well Facebook will not be the first person that will be providing such services, we are familiar with so many digital payment site like PayPal that has been able to serve people well globally, we also have alipay that china has created and they have been very effective and I do not think there is anyone that has complained of shortage of this.

We have so many digital payment method in different countries that is working perfectly well for their citizens, so why should people accept Libra coin if it is just going to be a digital coin, although they claim to run on blockchain, but we all know they will never create a decentralized coin. I still do not see the need for Facebook coin if it will not be decentralized.

[jostorres]

I just watched the social network once again after years and that movie doesn't really get old. I don't know how much of it is actually real and how much of it is just Hollywood stuff but if even the half of what he has been said is true then I am truly sorry that dude is literally a crazy person.

I have watched him against the congress as well while he was trying to defend himself but in the end it looked like dude was just full on weird instead of like a regular person, jokes about him being alien that was collecting data about humanity and that is why he built facebook was made, he looked that much weird. So, if the same dude who built facebook (and bought whatsapp+instagram) will be in charge of the biggest money trading system in the world then we can clearly be afraid about it a bit.