libra developers said they want to attract non-banking people into the financial structure. But is this a doable task? If coin scales are focused on third world countries, then why do they need this whole story with regulators in the USA? We would launch our own hub in Switzerland, as planned, and work like other cryptocurrencies and stable coins.
I am not against supporting migrants, people who banks will not serve because they do not have a credit history. For this, many blockchain projects were opened. But none of them said, look at me, here is a coin for you, it will be accepted all over the world. Dude, 
Topic: Arrgh! Libra here and There (Read 804 times)
Can't still understand why people are so excited about Libra coin... That's really funny in fact 
I would rather consider investing in Facebook shares if you really think Libra will succeed
it's easy to get big profits at LIBRA if they hold an IEO in a big exchange like Binance, I would rather consider investing in Facebook shares if you really think Libra will succeed
maybe people speculate like that, therefore Libra is always waiting for their IEO or ICO
The centralized coins have a future like decentralized coins but it is too early to see a full decentralization. The blockchain is not fully applied to the traditional economic and financial systems but we wait for the optimized world with the blockchain technology. The peer to peer system advantages can change the world but everything has the timing and Libra coin is a middle step for reaching the goal IMO.
libra developers said they want to attract non-banking people into the financial structure. But is this a doable task? If coin scales are focused on third world countries, then why do they need this whole story with regulators in the USA? We would launch our own hub in Switzerland, as planned, and work like other cryptocurrencies and stable coins.
I am not against supporting migrants, people who banks will not serve because they do not have a credit history. For this, many blockchain projects were opened. But none of them said, look at me, here is a coin for you, it will be accepted all over the world. Dude, 
Can't still understand why people are so excited about Libra coin... That's really funny in fact
I would rather consider investing in Facebook shares if you really think Libra will succeed
I would rather consider investing in Facebook shares if you really think Libra will succeed
that's because libra is supported by many big companies behind this coin. including Facebook, which is a social media platform that can facilitate the dissemination of information and advertising. especially now that we see that Facebook has adapted from social media to become a platform with buying and selling features. This has been very helpful for users especially if Libra has been launched it might be that Facebook can become a trading platform with many features in it.
maybe this is a method for making viral news about Libra in various media ... so many people talk about libra which will attract people's attention to be able to invest in libracoin later ... by sharing the benefits of libracoin ... and what we need to know is here we are looking for profits for ourselves ... so whatever coins come and can give us an advantage, we will always support ... but don't be Libraphobia that preaches excessive ...
Libra is stable coin, which mean your chance to gain profit through this coin is impossible (it might possible if you hold it for long long term investment).
You will support money fiat and centralized system if you think libra is fine to be supported. I'm not hyptoricate actually, but I just like cryptocurrency will always be seen and has decentralized system which is mean there will no party who can't manage/manipulate it.
People invest in crypto because they know that the future for crypto currency is so bright that they can imagine what if they have a lot of coins
being hold, its a very big money once it happens,
second is that they want to make profit as we know there is a big money in crypto if you know what to do and how to earn it, imagine the airdrops
people can make a lot of money just by signing up and wait for token to be distributed, and sell it to the exchange, crypto has a lot to offer
to the people, and benefits them so that is why there are lots of them betting for crypto to be world wide
being hold, its a very big money once it happens,
second is that they want to make profit as we know there is a big money in crypto if you know what to do and how to earn it, imagine the airdrops
people can make a lot of money just by signing up and wait for token to be distributed, and sell it to the exchange, crypto has a lot to offer
to the people, and benefits them so that is why there are lots of them betting for crypto to be world wide
Libra coins are stable coins and are suitable for investment assets if I think, because even if they are traded they will only get a small profit. so having a Libra coin is like having a savings account
that's a joke. libra is a failed payment system and that will have the same purpose like stable coin or i can say fiat in crypto form. The real purpose of libra is not about to be trade in the market but it's more likely to be a payment system. It's not like having saving account. that's because libra is supported by many big companies behind this coin. including Facebook, which is a social media platform that can facilitate the dissemination of information and advertising. especially now that we see that Facebook has adapted from social media to become a platform with buying and selling features. This has been very helpful for users especially if Libra has been launched it might be that Facebook can become a trading platform with many features in it.
maybe this is a method for making viral news about Libra in various media ... so many people talk about libra which will attract people's attention to be able to invest in libracoin later ... by sharing the benefits of libracoin ... and what we need to know is here we are looking for profits for ourselves ... so whatever coins come and can give us an advantage, we will always support ... but don't be Libraphobia that preaches excessive ...
Libra is stable coin, which mean your chance to gain profit through this coin is impossible (it might possible if you hold it for long long term investment).
You will support money fiat and centralized system if you think libra is fine to be supported. I'm not hyptoricate actually, but I just like cryptocurrency will always be seen and has decentralized system which is mean there will no party who can't manage/manipulate it.
Libra coins are stable coins and are suitable for investment assets if I think, because even if they are traded they will only get a small profit. so having a Libra coin is like having a savings account
It's annoying but what can we do, the company behind Libra is the giant in social media so expect that people in crypto are going to talk about it until they got their product release next year or whatever date they wanted.
Again, crypto is a free market, as much as we have BCH or BSV or XRP or CSW, we can't really stop then here. So everyone should grow a thick skin here if you wanted to stay in the crypto market.
Again, crypto is a free market, as much as we have BCH or BSV or XRP or CSW, we can't really stop then here. So everyone should grow a thick skin here if you wanted to stay in the crypto market.
that's because libra is supported by many big companies behind this coin. including Facebook, which is a social media platform that can facilitate the dissemination of information and advertising. especially now that we see that Facebook has adapted from social media to become a platform with buying and selling features. This has been very helpful for users especially if Libra has been launched it might be that Facebook can become a trading platform with many features in it.
maybe this is a method for making viral news about Libra in various media ... so many people talk about libra which will attract people's attention to be able to invest in libracoin later ... by sharing the benefits of libracoin ... and what we need to know is here we are looking for profits for ourselves ... so whatever coins come and can give us an advantage, we will always support ... but don't be Libraphobia that preaches excessive ...
Why are people not getting it?its kinda annoying hearing from people that Facebook Libra coin will take over.
The first question I would like to ask such people is why are they investing in crypto?majority of us on here wants to make profits apart from supporting the technology and that clears the fact that I'm only investing in bitcoin and altcoins because they aren't stable.
People aren't getting it that if bitcoin becomes a stable currency today many investors will start using bitcoin just like they are using tether but what about those high gain?sorry guys investing 2000$ in stable coins will remains at 1999$-2000$ forever.
Either bitcoin and altcoins bring loss or gains that's what makes them more interesting,Libra is a stable coin,no more no less and no matter how good it turns out to be its not an option for investment to me,I don't know about you guys.
If Libra gets on exchanges I like using like binance yes I would gladly use it to back my crypto Worth's just like using tether or usdc,nothing more or less.
Enough of libraphobia.
I really don't think that people here get it. So what if Facebook's Libra project is a centralized cryptocurrency platform? Do you know how much promotion this scene and community will receive once Libra project is backed by congress and given the green light to go? If you think there was a lot of capitol here within the markets now, imagine once Libra is introduced to every Tom, Dick, and Harry around the world? People will dabble into other cryptocurrencies guaranteed. I'm sure the market caps would probably soar! There will be so much capitol flowing in from all the new comers, it makes adoption almost inevitable. The first question I would like to ask such people is why are they investing in crypto?majority of us on here wants to make profits apart from supporting the technology and that clears the fact that I'm only investing in bitcoin and altcoins because they aren't stable.
People aren't getting it that if bitcoin becomes a stable currency today many investors will start using bitcoin just like they are using tether but what about those high gain?sorry guys investing 2000$ in stable coins will remains at 1999$-2000$ forever.
Either bitcoin and altcoins bring loss or gains that's what makes them more interesting,Libra is a stable coin,no more no less and no matter how good it turns out to be its not an option for investment to me,I don't know about you guys.
If Libra gets on exchanges I like using like binance yes I would gladly use it to back my crypto Worth's just like using tether or usdc,nothing more or less.
Enough of libraphobia.
The majority of the people I know use some form of social media, most don't touch Bitcoin period, but If Facebook is backing it, everyone from children, to grandparents will be using crypto, just because everybody else is doing it. Humans tend to have a "monkey see, monkey do" mentality when it comes to social behaviors.
that's because libra is supported by many big companies behind this coin. including Facebook, which is a social media platform that can facilitate the dissemination of information and advertising. especially now that we see that Facebook has adapted from social media to become a platform with buying and selling features. This has been very helpful for users especially if Libra has been launched it might be that Facebook can become a trading platform with many features in it.
The first question I would like to ask such people is why are they investing in crypto?majority of us on here wants to make profits apart from supporting the technology
Why buy bitcoin? I don't know, it's a good investment that can also be used as money if need be, and I have purchased stuff with it in the past.I am not a 'Libra-phobe' but I can't understand what all the hype is about it besides it being facebook's baby, their foray into the world of crypto. Their user base alone should ensure that it sees a lot of use...if it gets launched, and that's a very large if. Better still would be that Libra leads its owners to gain an interest in other cryptos, chiefly bitcoin. I have some hopes that it will achieve that, but again only if Libra makes it thru the regulators.
No body can compare Libra to bitcoin. Bitcoin has already build its reputation of trust . But yet Libra has not to prove it self or nothing to compete with bitcoin.. But Libra can help cryptocurrency market to attract more investor into the space.
I believe it will be a good addition to crypto-market. Investor can have opportunity to invest in safe altcoins. But recently I have read a news article from a trusted site that show the problem that coins is facing.
This shall be true and for adoption's sake. We all want adoption that BTC and altcoins can be spent like fiat but when it comes to regulations we all take hundreds steps away form it because its facebook that is initiating it. Facebook will bring us to the adoption we have always been wanting. The easiest way to spread the information in today era is social media site and facebook has it all.
I believe it will be a good addition to crypto-market. Investor can have opportunity to invest in safe altcoins. But recently I have read a news article from a trusted site that show the problem that coins is facing.
Government only fears that Facebook coin will take their control away from their citizens and that is why some of these giant countries are already campaigning against Facebook Libra coin. If you look at Facebook, Facebook is more like even large than the largest country in the world in terms of population, the largest country in the whole world is china, which their population is about 1.7 billion, and the population of Facebook users is over 2 billion.Government fear Facebook ceo could have a very high power more than even the government if he succeeded in eventually making the coin become a global coin, but i think that except they arrest Facebook, Facebook will go ahead with its coin, which it is even impossible to do so, because of the freedom he has, and the only way to stop it again is if they declare cryptocurrency illegal which could nullify the Facebook coin itself from being in existence.
And do you see how many big companies are trying to overbeat Libra and become the first one in this industry?
Kakaotalk is going to launch its cryptocurrency.
New project by Binance - Venus.
People's Bank Of China developing a "digital currency" to monitor Chinese people.
MetalPay and so on..
Kakaotalk is going to launch its cryptocurrency.
New project by Binance - Venus.
People's Bank Of China developing a "digital currency" to monitor Chinese people.
MetalPay and so on..
The hype about Libra coin is high, I hope the coin will be able to maintain this hype, and not be like bisdaq exchange coin which has a lot of hype and does not perform beyond expectations
The fact is that if the Libra appears in circulation, then this coin will undoubtedly be used. And it does not matter whether it is a stable coin or not.But comparing Libra with bitcoin is somehow incorrect.If Libra only lives on Facebook that Bitcoin will be lives all over the planet. Jump to: