Facebook libra hearing - page 2. | Bitcointalksearch.org

Saisher

full member

Activity: 2324

Merit: 175

Quote from: Prateek_sharma on July 17, 2019, 06:42:04 AM

Well!!

The head of Calibra, David Marcus told the Senate Banking Committee that, Facebook will only build its own Calibra cryptocurrency wallet into Messenger and WhatsApp, and will refuse to embed competing wallets.

what's your take on facebook libra hearing?

So they are on their own and will not support any coins or promote other cryptocurrencies into their products and services, well because of that other Cryptocurrency should do the same, I will not be surprised if they are going to launch their own exchange, and compete with Binance and other top exchange in the market.

bttmember

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AMEPAY

From this statement we can easily understand that facebook's coin and its ecosystem is going to be a completely centralized and controlled system that will be fully regulated and we will not have the freedom like we have with other crypto.

Nalbo

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Quote from: Prateek_sharma on July 17, 2019, 06:42:04 AM

Well!!

The head of Calibra, David Marcus told the Senate Banking Committee that, Facebook will only build its own Calibra cryptocurrency wallet into Messenger and WhatsApp, and will refuse to embed competing wallets.

what's your take on facebook libra hearing?

Seems like they'll limit the use and transfer of Libra within the Messenger and Whatsapp wallet. Something similar to We chat pay.
That would not make it a real crypto even if it used blockchain. What's the use of blockchain if people can't export the private key.

shinratensei_

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Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

I think I want to buy this coin in my portfolio, but I do not yet see where you can buy it. I would like , of course, to buy these coins on PRESALE at a discount , not on the stock exchange. Friends, who knows when LIBRA CAN BUY? Here just I'm sure Mark Zuckerberg has a grasp and knowledge

Libra has a battle with US and i think that will be delayed caused by the problem with US.
It has already announced to be released next year but due for some reasons and it may get another delay. In order to avoid the problem in the future and facebook must follow all of the regulator's order.

Prateek_sharma

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Activity: 289

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Quote from: ?? on ??

I think I want to buy this coin in my portfolio, but I do not yet see where you can buy it. I would like , of course, to buy these coins on PRESALE at a discount , not on the stock exchange. Friends, who knows when LIBRA CAN BUY? Here just I'm sure Mark Zuckerberg has a grasp and knowledge

The coin will be release on 2020

omone1

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Merit: 52

Okay, I just read the article now, it's a case of trust on the side of Libra team because of their past privacy breaches. And the Senate fear too about the future of the fiat and how it's going to affect the fiat couple with money laundering and terrorist. I hope the Libra team are able to scale through and have their coin launch. I am only interested how this will bring more cash inflow to the market and maybe we should hit $1 trillion market cap.

tsaroz

legendary

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Quote from: ?? on ??

I think I want to buy this coin in my portfolio, but I do not yet see where you can buy it. I would like , of course, to buy these coins on PRESALE at a discount , not on the stock exchange. Friends, who knows when LIBRA CAN BUY? Here just I'm sure Mark Zuckerberg has a grasp and knowledge

This is stable coin. Hence no hurry to buy or sell. But as it's pegged to a group of “of low-volatility assets, including bank deposits and government securities” in multiple currencies. It could be much more stable than fiat or any crypto so could be an option for maintaining portfolio for long term.
And you can't buy it as of yet.

Prateek_sharma

jr. member

Activity: 289

Merit: 3

Well!!

The head of Calibra, David Marcus told the Senate Banking Committee that, Facebook will only build its own Calibra cryptocurrency wallet into Messenger and WhatsApp, and will refuse to embed competing wallets.

what's your take on facebook libra hearing?

Topic: Facebook libra hearing - page 2. (Read 260 times)