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Topic: Did Facebook Just Gave-Up On Libra Project? - page 2. (Read 723 times)

member
Activity: 476
Merit: 12
I think facebook coin not gave up on libra project and I think there are some problem between facebook coin and libra project. In my own opinion facebookcoin is still alive but this is a big challenge to them,to avoid this kind of problem because they only have a very short period of time of preparation.
member
Activity: 1274
Merit: 14
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.
sr. member
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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?

i heard news about the facebook libra coin getting slammed by the us government because i believe they see it as a huge threat to the us dollar. I believe that they are threatened by the adoption rate facebook have.
That is true, and facebook has issued a notice, Libra may not be available in 2020 or will never appear. I was hoping Libra would help the crypto market grow quickly but it seems to have failed
member
Activity: 117
Merit: 63
is it the facebook doing presale on icobench?
member
Activity: 224
Merit: 12
I am pretty surprised, because it was really promising. But when you have a meeting with regulatory party, you should be prepared to answer all the questions straight and honest, which did not happen as far as I know.
jr. member
Activity: 224
Merit: 2
I think Facebook will do a collaboration with Crypto. the news that I read Facebook will use Libra as transaction money for its users. a policy from Facebook that I think is wrong because they just made a plan that was opposed by the US president. indeed crypto libra has a fairly good price stability with a low purchase price. but whether Facebook does not think later will result in a decrease in its users due to this collaboration. because this will only boost the popularity of libra.
member
Activity: 616
Merit: 13
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?

i heard news about the facebook libra coin getting slammed by the us government because i believe they see it as a huge threat to the us dollar. I believe that they are threatened by the adoption rate facebook have.
hero member
Activity: 2170
Merit: 528
The media are amplifying every piece of news. They warned investors because they are getting a lot of heat from politicians and regulators. This doesn't mean they will give up but it means the launch isn't only in their hands.

Some things are beyond their control and if people like Trump decide to stop them they will be able to because FB is a registered company that needs licences to operate. Bitcoin isn't.
jr. member
Activity: 238
Merit: 3
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?

Facebook will not give up on Libra project that easily. Though there are a lot of controversial issues with Libra now ranging from a claim that its whitepaper is plagiarised, and also a lot big names in the crypto industry are also coming agaisnt Libra.
hero member
Activity: 2940
Merit: 593
Leading Crypto Sports Betting & Casino Platform
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?

Based on that article, they are not going to push through with the launching of their token, that's unfortunate, I still consider Libra coin as good publicity in the crypto, US regulation just killed a goose that will lay golden eggs for the Facebook stakes holder, maybe later they can do it, if they can create a roadmap that is acceptable to the US government.
jr. member
Activity: 448
Merit: 1
There is no way they will hive up at this juncture. They will only need to put some things in their right places and restrategize on how to make the project a success.
copper member
Activity: 546
Merit: 1
The Facebook team incharge of the libra cpin project are definitely having tough time with the regulatory and US bodies on the launch of the project. Well most pro people in the blockchain world are also against it since the announcement from Facebook and with this the issue is still yet to have a final decision but we should be expecting some before the end of Q4 hopefully.
full member
Activity: 2142
Merit: 183
I knew from the beginning that the regulators will not allow Libra to start.Too strong a competitor to the dollar and not only no one needs.

yes, US governments will be the main issue from libra, but i still believe Libra will be launch
but, everyone should wait for a little bit longer from the schedule mate,
This is not only a negative US position towards Libra. The position of prohibiting this coin is also occupied by the G7 states. Therefore, I think that Facebook will fail with its big project Libra. In any case, the implementation of this project will cost him too much.
full member
Activity: 798
Merit: 101
They just said that they might fail, and the US government has a lot of resistance to their new ideas. I don't know if there are other ways to follow up on Facebook projects.
hero member
Activity: 938
Merit: 501
I don't think they have given up their project but currently the legal systems and authorities are not cooperating enough to ensure that they launch this project successfully but i believe as time goes these legal institutions would soften up and maybe we can see the Libra Coin finally launched.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Not a shocking news, government are pushing them too much to not release it, the media always saying bad things about it. Even if it's released I think that will just become a huge failure anyway, better not release it at all.
Since Libra is basically stablecoin it will not affect the market that much. I mean there's already so many stablecoin there. People who always screaming about Libra are those who are just unreasonably got hyped anyway.
member
Activity: 254
Merit: 10
Streamies Rocks!!!!
Libra is the first step in the mass adoption of crypt occurrences. Government will definitely not sit back and watch their greatest tool of human control which is finance become 'decentralized' even though Libra in itself is a regulated and centralized 'cryptocurrency'. The heat Fact book is taking is as a result of this, I doubt the Libra project will be abandoned though although it will most likely be delayed.
member
Activity: 749
Merit: 13
At the first time i think libra will successful but the US goverment really strict and dont want libra to doubt US dollar. You know facebook really popular and most of us using that social media. The struggle is not from who's the investor but who's against Libra.
member
Activity: 753
Merit: 15
mulierum.com
What's going on here? after the very great applause and welcome to the Libra coin some moments ago, and now there are several negative issues about this. Why we must always think hard about it? I think that it is no need to worry about the project, their team will have their own decision whether continuing or stop, developing or not, and progressing or not. I think that Libra is still worthy to create.
legendary
Activity: 1344
Merit: 1001
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?
The regulators will not grant permission for operating crypto payment system on the biggest social media. Facebook will give up if the decision doesn't convince the official figures. Libra was born to die and the alternatives will not be able to compete with its permanence.
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