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Topic: Is Libra the Ethereum + Ripple + EOS + TRON + .... killer? - page 4. (Read 1374 times)

jr. member
Activity: 256
Merit: 2
Libra is not as dangerous as everyone thinks. Libra will contribute to boosting the development of the market.
Libra is just a Stablecoin. It does not pose any danger. It was born to serve the purposes of FB.
sr. member
Activity: 1414
Merit: 252
Keep it Simple guys :)
I just read a statement from some US legal person who says that she wants to do everything in her power to stop Facebook from launching Libracoin.

wow,,,
can you show me the link to the statement from this US legal person mate ?
because i would like to know the reason, why this guy want to stop this libracoin
regards
hero member
Activity: 882
Merit: 500
A lot of people say this over and over, but I find Libra has a mechanism that is not like the blockchain, and that makes me think that it goes the other way, not like ETH, EOS or TRON.
hero member
Activity: 1190
Merit: 541
Is Libra the Ethereum + Ripple + EOS + TRON + ....   killer?

https://developers.libra.org/docs/assets/papers/the-libra-blockchain.pdf

From paper we see what they try to do and is a combination of coins I mentioned. Can they survive in a war against Facebook?
It would have been able to successfully compete with them with some of the things they have In their whitepaper, but it seems to me like they are coming with as stable coin, with a little bit different strategy to what stable coins are doing, so if there is going to be coins that Facebook will compete with, it will be some of these stable coins which are not that much for Facebook to really topple them.

Another thing I just see that will make it get more relevance is the proof of stake I think they also introduced, who doesn’t like reward, with that, people would be more interested in it at a point, but with all these, I still do not completely see the possibility.
full member
Activity: 602
Merit: 101
Bcnex - The Ultimate Blockchain Trading Platform
To my understanding libra is not going to compete with these cryptocurrencies. they will compete in a very different section of cryptocurrency.
sr. member
Activity: 994
Merit: 391
Many people buy and invest altcoins because they are high-profit potential. They don't care about technology or ecosystems or market etc.
Libra is a stable coin and even if the technology is better (!!!) than ETH, XRP etc... many people will not invest in a fiat stable coin.
newbie
Activity: 56
Merit: 0
hi, guys!
i was really surprised with the news that facebook's gonna provide all people kinda general-purpose stable coin.
in my ind its really cool idea that will completely change world of cryptocurrency.
also recently i've read read related article. u can check it. https://finance.yahoo.com/news/facebook-inc-fb-wants-more-220415665.html
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
why you so believe with this Libra facebook coin.
i don't see a special innovative or something surprize in this.
and i think ETH and BNB much better than it, don't too over believe with this because facebook brand.
look with your research and analisys first.

It is being overhyped because the company or individuals behind it is very popular and the partner companies are very well-known as well. Take a quick look at this on their website and see on your own that they are getting solid partnerships with popular and established companies.



But I don't think it will be a killer of the mentioned platforms by the OP. Libra has different purpose than eth, xrp, eos or tron.
hero member
Activity: 1302
Merit: 504
I just read a statement from some US legal person who says that she wants to do everything in her power to stop Facebook from launching Libracoin.
hero member
Activity: 1358
Merit: 513
Libra coin couldn't kill Bitcoin, Ethereum and Ripple and Libra is another stable coin. Facebook is popular, huge people will support libra coin.

Libra is not a stablecoin. Read the whitepaper here : https://libra.org/en-US/white-paper/
The coin would be 'protected' against negative swings and not the positive ones.  It is simply an overhyped masternode coin..
member
Activity: 506
Merit: 11
I think Libra was created for a different purpose, and Facebook's big names do not necessarily have a significant and miraculous effect on Libra, they still need proof
thats on the whitepapper, and i believe the purpose of libra is to make transaction more easily and not any crypto asset
legendary
Activity: 2730
Merit: 1288
I don’t understand the origin of such questions. Explain to me how a stable coin can compete with such projects. Libra will be an alternative to electronic money, but not to cryptocurrency.


Money had to be fungible permissionless and decentralized. Libra is not but will directly compete with this all those centralized asset platforms I mentioned.
sr. member
Activity: 1313
Merit: 278
I don’t understand the origin of such questions. Explain to me how a stable coin can compete with such projects. Libra will be an alternative to electronic money, but not to cryptocurrency.
member
Activity: 264
Merit: 11
why you so believe with this Libra facebook coin.
i don't see a special innovative or something surprize in this.
and i think ETH and BNB much better than it, don't too over believe with this because facebook brand.
look with your research and analisys first.
member
Activity: 742
Merit: 10
for me its a no! though libra coin is a stable coin of facebook it does not mean that its the killer of those coin that you listed.. libra is on hype because of facebook, lets see what it can do to the people and how can benefit it
member
Activity: 713
Merit: 31
Is Libra the Ethereum + Ripple + EOS + TRON + ....   killer?

https://developers.libra.org/docs/assets/papers/the-libra-blockchain.pdf

From paper we see what they try to do and is a combination of coins I mentioned. Can they survive in a war against Facebook?

Libra is not interested in any coins or altcoins. It's just a threat to the system itself. If the Libra will be successful, someone may come up and say that decentralization is unnecessary. Other than that, it is nothing more than a simple and central stable coin.
full member
Activity: 1260
Merit: 100
Not really a killer, just another competitor of top coins. Libra won't go to the top position without a good adoption.
This will be only a hype that created by some peoples because facehook connected to Libra coin.
member
Activity: 630
Merit: 10
rocket.hashbon.com
I really don't have any big idea for now because we don't know what exactly will be handled and headed by Libra in the future.
however, this may be big rivals for them, but not the killer. I believe that ETH and Ripple still become top altcoins and they have a big community, volume, and value.
RBF
full member
Activity: 212
Merit: 114
I don't think like this. Ethereum, Tron, EOS and all other coins have own place with different community and tech. Facebook is the largest social media network, their Libra coin can overcome these coins places but I would not say that is a killing thing! Facebook is bringing billions of people in crypto, let's welcome it
member
Activity: 798
Merit: 10
Is Libra the Ethereum + Ripple + EOS + TRON + ....   killer?

https://developers.libra.org/docs/assets/papers/the-libra-blockchain.pdf

From paper we see what they try to do and is a combination of coins I mentioned. Can they survive in a war against Facebook?

I think Libra coin was created only for transactions on the Facebook platform even though it might be traded on a cryptocurrency exchanger. And also I'm sure in time Libra Coin will have partnertship with some good altcoins
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