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Topic: How can people use facebook libra coin? - page 4. (Read 574 times)

legendary
Activity: 3038
Merit: 1169
October 19, 2019, 05:33:58 PM
#6
The First version of the launch will be on 2020 but no particular date yet, And on July 15, 2019, Facebook announced that the currency will not launch without further appropriate approvals, That is on Wikipedia and on the recent news on New Europe that Libra loses momentum but hold June 2020 as a launch date so I guess there are no particular dates because Libra is still settling some issues,

And if you think that this will make a number 1 spot in the crypto market I had a doubt that will outmaneuver Bitcoin from that spot.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
October 19, 2019, 02:46:29 PM
#5
I want to know about the new coin from the facebook called libra and how will people use libra
Same on how we use bitcoin and other currencies.

and when will libra be available?
Probably around Q1/Q2 of 2020

did you think that libra will overtake bitcoin and other crypto coins and become the number 1 coin in the crypto market?
No.

How can be a new project can be par with bitcoin? because it's made by facebook? well that's a valid point but it won't be easy for this new project to take over bitcoin. Many tried to think about kicking bitcoin but no one ever succeed.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
October 19, 2019, 02:13:29 PM
#4
I do not think Libra will survive. Before its launch, it is already in trouble waters. It has a long way to come before it competes with any cryptocurrency.
sr. member
Activity: 1036
Merit: 275
October 19, 2019, 01:31:38 PM
#3
This is the link to their whitepaper https://libra.org/en-US/white-paper/ . You will find all the answers to your questions in their whitepaper.
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
October 19, 2019, 01:30:11 PM
#2
I don't think they have released a delivery date yet as they have encountered a lot of legal problems and hurdles. However Libra is going to be a centralized stable currency backed by garbage fiat currencie like USD, EUR, GBP, etc. It will surely find its use as it will be integrated within one of the biggest social networks, but I don't think it will affect Bitcoin at all. It does not have the purist characteristics of Bitcoin. It is more similar to money in your bank account than to a currency if you ask me, but I might be biased here..
legendary
Activity: 1424
Merit: 1008
October 19, 2019, 01:13:38 PM
#1
I want to know about the new coin from the facebook called libra and how will people use libra, and when will libra be available? to use. did you think that libra will overtake bitcoin and other crypto coins and become the number 1 coin in the crypto market?

What you think and share info about libra here.
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