I am determined to buy FB coin Libra even though it is not available yet. I hope it is available on exchanges where i can buy easily.
Will it be a threat to BTC and other altcoins? I am afraid that the prices of BTC and other altcoins will go down. It makes me hesitate to buy some currencies like TRX currently.
Ha, for what? I see no zero threat at all of Facebook coin to Bitcoin, it can be to other coins, but to Bitcoin, it is not. What do you think people are crazy about when it comes to cryptocurrency? I believe that it is the decentralized system of it that makes people want to hold Bitcoin for transaction which Facebook coin will not portray at all.
Facebook coin is a centralized coin which I even learn that it will only be used internally, so before you jump into Facebook market and buy their coin, be very sure it will be useful to you, don’t expect this coin to make you money, stable coin from Facebook will have no growth, only going to be pegged to a currency and be used within their system for purchase of any of their products.