Libra is not to be the main recognition again for the crypto traders and whole of crypto and it will not give any impact to the crypto ecosystem. People are still focusing on the bitcoin halving event that will be coming from next month.
It's not a big problem if libra will be launched not for this year but it must be the next year. The regulatory problem that already faced by libra is not a big problem as it was running on switzerland.
Don't worry about this and this will not give a serious impact on the crypto trend as the whole of traders have been moving on from libra.
Topic: An uncertain future of Libra! Is it good for the crypto traders? - page 5. (Read 609 times)
January 07, 2020, 02:09:20 AM
January 07, 2020, 01:58:15 AM
if indeed the proposal remains consistent to stay integrated with the Facebook platform, then we only need to continue to monitor their progress. Libra dares to offer something that is very challenging for public space and of course it is very complex. There is no problem about uncertainty because Facebook is a leading company and hasn't even made a public offer that harms anyone.
January 07, 2020, 01:54:05 AM
Libra is a stable coin project so for traders its just another one like tether or USDC or any stable coin,if LIbra never reaches the market the traders have nothing to lose they will find other trading pairs.
January 07, 2020, 01:41:14 AM
i am not surprised either that the SEC might not allow Libra to launch anytime soon or even ever 
. I mean come on people, facebook despite its huge technology in the world has one of the weakest security systems and yet we want to see these people launch a cryptocurrency for its community to use? I am in no way supporting this project and i hope the SEC shuts it down for good!
. I mean come on people, facebook despite its huge technology in the world has one of the weakest security systems and yet we want to see these people launch a cryptocurrency for its community to use? I am in no way supporting this project and i hope the SEC shuts it down for good! January 07, 2020, 01:33:37 AM
I think Libra is still polemic until now there is no clarity about its launch so many people continue to talk about Libra because this has arrived in 2020.
In my opinion Libra is still not quite right in its current position because it has to deal with the government so that everything will be difficult if the government does not allow regulation.
I think there is still no impact to the authorities because Libra has not entered the market until now.
In my opinion Libra is still not quite right in its current position because it has to deal with the government so that everything will be difficult if the government does not allow regulation.
I think there is still no impact to the authorities because Libra has not entered the market until now.
January 07, 2020, 12:27:34 AM
"What is Libra? A currency, a derivative, a security, a commodity pool or etc.? Lack of clarity in asset class is one of the regulatory challenges to launch this big initiative by Facebook. Cash withdrawal system is also a big challenge! Cell networks, working with retailers and others to sell consumers products can help them in this case" - This analysis is done by Coindesk.
What's your opinion?
Another thing,
A report by QZ says that, Libra will not launch in 2020, the US election year. https://qz.com/1778527/2020-predictions-for-bitcoin-libra-and-the-digital-yuan/amp/
So, is it good for the crypto traders? What is the future of it? Want to hear from the experts.
Jump to: