Topic: Did Facebook Just Gave-Up On Libra Project? (Read 723 times)
IMHO Facebook don't need crypto) All this news just hype for facebook) So don't think that this will happen in the nearest future)
I am sure that Facebook will not issue coins for the next 3 years. So far, the market has enough existing coins without the participation of global corporations.
ETA about when the facebook coin will be launched will depend on the decision that will be made by US lawmakers about the negotiation between the regulators and facebook. It may be launched or it will never be launched. There was no official announcement if facebook will launch its crypto in 3 years later.
I still believe that Libra coin will still be done by the team from Facebook. With great potential in the cryptocurrency market, I don't think Facebook will miss a good moment for the company. Facebook has a great legal team and will definitely look for loopholes to keep launching Libra Coin
This news is getting me thinking if facebook will really survive the regulatory heat.
Now officially saying it may not launch.
https://www.cryptoinformers.info/news/226-libra-stablecoin-may-not-launch-facebook-warns-investors
Just wondering, Did Facebook Just Gave-Up On Libra Project?
Now officially saying it may not launch.
https://www.cryptoinformers.info/news/226-libra-stablecoin-may-not-launch-facebook-warns-investors
Just wondering, Did Facebook Just Gave-Up On Libra Project?
Nope, Facebook is not giving up but giving warning that the project is not yet 100% so it would be 50-50 whether they launch or not depending on how it would progress. Even with the hype people are creating, the owner of this project is still doing thorough preparations not to be down after the launch.
This news is getting me thinking if facebook will really survive the regulatory heat.
Now officially saying it may not launch.
https://www.cryptoinformers.info/news/226-libra-stablecoin-may-not-launch-facebook-warns-investors
Just wondering, Did Facebook Just Gave-Up On Libra Project?
Now officially saying it may not launch.
https://www.cryptoinformers.info/news/226-libra-stablecoin-may-not-launch-facebook-warns-investors
Just wondering, Did Facebook Just Gave-Up On Libra Project?
Nope, Facebook is not giving up but giving warning that the project is not yet 100% so it would be 50-50 whether they launch or not depending on how it would progress. Even with the hype people are creating, the owner of this project is still doing thorough preparations not to be down after the launch.
I think that this struggle will continue for a long time. But I’m sure that the USA raised the kipish not in vain. And I think that the USA will win all the same because they have more influence.
Coin Facebook has very tricky developers. I believe that they can do a lot of secrets from a simple user. I would not trust them. The US government also suspects something.
I think in the end, Facebook won't launch its Libra currency. The US government can be an obstacle here. Many people started talking negative about Facebook's Libra decision, so, they may be failed which is not good news for the crypto community.
It seems to me that this will be so. Because many people are confused by the situation when they collect personal information without knowing it. Because there are so many questions about this. And plus safety plays a big role that does not guarantee facebook.
Seeing a lot of storms crashing through the Libra project I was thinking of capable Libra to be able to stand up and resist the storms of the state officials. I will see until how strong they can convince the government
You probably forgot how Zuckerberg was called for a report to Congress, and here is the answer to you who really decides on Facebook policy. Total control by the state is the only thing that worries them. Will there be enough desire and strength for the developers to defend their project, we will see.
I am sure that Facebook will not go against the government. they closely cooperate with the authorities and I am sure that they will do everything as they will be told
I doubt if giving up can possibly be an option for the Facebook team. They have gone a long way than to turn back at this juncture. I am sure they are already restrategizing to ensure they push the project to a success.
Just wondering, Did Facebook Just Gave-Up On Libra Project?
If you have followed Mark back in the day before the establishment of Facebook you will know he does not give up in things easily. He did not set Facebook on a platter of gold. There was a lot of challenges but he overcame all. He is also going to overcome the challenges of launching Libra too.
I am sure that Facebook will not issue coins for the next 3 years. So far, the market has enough existing coins without the participation of global corporations.
ETA about when the facebook coin will be launched will depend on the decision that will be made by US lawmakers about the negotiation between the regulators and facebook. It may be launched or it will never be launched. There was no official announcement if facebook will launch its crypto in 3 years later.
Coin Facebook has very tricky developers. I believe that they can do a lot of secrets from a simple user. I would not trust them. The US government also suspects something.
Facebook started on a wrong foot about their crypto and I use to respect Facebook until I lost respect for them after they came up with their own Libra coin because I realized that Mark lack integrity. I could still remember the fight they gave to ICO campaigns then, the hatred was so much for cryptocurrency that any project that would have been successful them would just cancel the social media campaign for Facebook because they kept blocking them.only twitter has been very supportive of cryptocurrency and they are the ones that really deserve to come up with a cryptocurrency plan, not Facebook. As if that was not even enough for them, their selfishness as usual also wants to dominate the cryptocurrency market just like they have done to other social media platform.
Maybe Twitter is one of the social media platforms that supports cryptocurrency but Facebook has more advantages than Twitter. There was indeed a mistake made by Facebook when it banned ICO ads some time ago but maybe it was due to government regulations after many ICO scams
This news is getting me thinking if facebook will really survive the regulatory heat.
Now officially saying it may not launch.
https://www.cryptoinformers.info/news/226-libra-stablecoin-may-not-launch-facebook-warns-investors
Just wondering, Did Facebook Just Gave-Up On Libra Project?
Now officially saying it may not launch.
https://www.cryptoinformers.info/news/226-libra-stablecoin-may-not-launch-facebook-warns-investors
Just wondering, Did Facebook Just Gave-Up On Libra Project?
Facebook has a very good legal team and will definitely look for legal loopholes so that Libra Coin can slide. A large company certainly will not give up on regulations because they certainly have plans for Libra Coin and everything will be done for the good of the company
There are lots of factors working against the lunch of Libra coin. Likewise, those who see it as a potential competitor to their own project or coin might also not want it to lunch.
We also never can tell now, if Facebook has given. I think with time, everything will be unveiled.
We also never can tell now, if Facebook has given. I think with time, everything will be unveiled.
Even though from the project is allowed to thrive, I do not think it would have garnered the huge marketcap expected of it going by the hype, it is a good thing the project idea never materializes, the crypto space is already saturated
Coin Facebook has very tricky developers. I believe that they can do a lot of secrets from a simple user. I would not trust them. The US government also suspects something.
Facebook started on a wrong foot about their crypto and I use to respect Facebook until I lost respect for them after they came up with their own Libra coin because I realized that Mark lack integrity. I could still remember the fight they gave to ICO campaigns then, the hatred was so much for cryptocurrency that any project that would have been successful them would just cancel the social media campaign for Facebook because they kept blocking them.only twitter has been very supportive of cryptocurrency and they are the ones that really deserve to come up with a cryptocurrency plan, not Facebook. As if that was not even enough for them, their selfishness as usual also wants to dominate the cryptocurrency market just like they have done to other social media platform.
After fighting with the community and government they are willing to continue this idea. I doubt, there will be a cancellation at any point. Facebook knows what they are doing. Scammers already started to make a fake Libra token sales, by the way.
Fraudsters are always on the alert and do not miss the opportunity to fake themselves under one of the most popular projects. And strive to deceive people to earn a lot of money. You need to be prepared for this.
As for Libra, I am sure that they will do everything to ensure that their project is implemented.
This could just be a gimmick to satisfy regulators as im quite sure that they will launch libra and also it is also certain that they will find a backdoor diplomacy rather deal with the US govt and agencies which will give libra a green signal just expect this to happen in next few months.
I think in the end, Facebook won't launch its Libra currency. The US government can be an obstacle here. Many people started talking negative about Facebook's Libra decision, so, they may be failed which is not good news for the crypto community.
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