I believe that Libra will help to spur on the adoption of more decentralized cryptocurrencies such as Bitcoin.
However, Libra is actually designed to become increasingly decentralized over time, this means that after a few users of operation it could eventually rival Bitcoin as the cryptocurrency for the people.
Don't count on it though, I expect there will be several legal hurdles in the way that will prevent Libra from taking this form.
Topic: Arrgh! Libra here and There - page 3. (Read 833 times)
BTC of course is the best. No contest.
While Libra is just a stablecoin like you said, there must be something on it otherwise it would be stupid of facebook to create just that kind of token pegged in USD. Facebook is like a big country of its own and can make this Libra useful not just as stablecoin in exchanges. But we'll just know this when its released.
it would bring a lot more new people to the industry in general.
That could be the only thing the coin will bring to the space, maybe more fund will come with the people. It is arguably not a typical cryptocurrency that have been seeing; not decentralized and involved intermediaries. Bitcoin in the past 10 years had shown to us all its intricacies, both to the government and traders, we could say it can be condoned and has come to stay. Why are people not getting it?its kinda annoying hearing from people that Facebook Libra coin will take over.
https://i.imgur.com/brUma4f.jpg
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.
https://i.imgur.com/brUma4f.jpg
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 consider Libra as a way of payment and in this case, I don't see any threat to bitcoin. Because bitcoin is mostly used as a store of value and trading. Yes, it might reduce bitcoin usage as a way of payment but who cares? That's not what gives value to BTC so it won't affect the price IMO.
Libra is just a shit joke, but I am thankful to Facebook and Libra because they actually help to boost bitcoin from bottom to around $14,000. That's fine and amazing to witness such ride of bitcoin this year. The ride that partially come from Libra's side effects, has wipen out fears among crypto enthusiasts and they actually have stronger believed in crypto future.
"This town ain't big enough for both of us" 
guys, the purposes are different. it's a payment coin and I guess it will have an easier user interface - where many crypto projects fail. I don't know why the crypto community is so attached to tribalism. And yes libra has the potential for a bigger market cap, doesn't mean they are "killing" bitcoin or any other.
guys, the purposes are different. it's a payment coin and I guess it will have an easier user interface - where many crypto projects fail. I don't know why the crypto community is so attached to tribalism. And yes libra has the potential for a bigger market cap, doesn't mean they are "killing" bitcoin or any other.
Libra is a stable coin used for payment. I find it does not affect the crypto market apart from pulling more cash into the market, which has strong influence on bankers.
It, a bank that nobody controls, holds the shopping behavior of 2 billion people in this world.
It is the banking system in the world that will be impacted strongly, not this crypto market.
It, a bank that nobody controls, holds the shopping behavior of 2 billion people in this world.
It is the banking system in the world that will be impacted strongly, not this crypto market.
Everyone must be different in seeing coins. Bitcoin has been proven in crypto in my opinion as a stable coin that is very good and very reasonable if many people invest in the coin. Libra is also good according to people's minds because the coin is a coin that will be issued by Facebook which is a great company.
I believe that Facebook coin will drive many more investors into crypto because its one of the largest social media platform but making the Libra coin a stable coin is not a very bright idea
I don't see myself buying Libra coin I'm not using any applications, products, and services from Facebook, and I don't have any stable coin in my portfolio but I will follow it's development as Libra Coin will become part of our community.
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.
Everyone must be different in seeing coins. Bitcoin has been proven in crypto in my opinion as a stable coin that is very good and very reasonable if many people invest in the coin. Libra is also good according to people's minds because the coin is a coin that will be issued by Facebook which is a great company. 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.
Stable coins will remain stable for real and investors only wants gain,Libra coin isn't that bad either once it get paired with ETH and bitcoin on exchanges traders with switch to it or even prefer using it than other stable coins
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.
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.
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