Many company's in the past have tried to print the own money, every single one has been shut down.
If one company can have it all will have the own currency, why not cost next to nothing to produce and sell for what ever price.
Topic: Libra coin alive or dead? - page 4. (Read 604 times)
I think they are doing internal works to push their ambitious project called Libra. Following US's objection, Facebook stepped back a bit with its project. But it had promised to appease regulators when issuing the digital coin. I think they are not dropping their project whatsoever. They must have been working on it behind the scene.
libra is as good as dead, they can not bypass the regulation.
We are yet to see if Libra will not get the go for their coin. They are still in the process of securing it. I think the team behind Libra will be willing to compromise in order to get through the regulations. We can't say their dead until the whole shebang is over.
US government and Facebook need more time to agree about regulation because if they miss something there's chance US economic will get impact. Behind Libra is Facebook the largest social media in the world, this coin can take fund from people easily because has powerful back up. The problem is if Libra get more trust and fund better than government financial instrument, public economy will be in down trend and government try to avoid it. Let's them discuss what the best for Libra, we can find how good they are next year.
There was a rapid growth in bitcoin price in last 2-3 months when it was announced Facebook is going to launch its own coin, called libra coin,
Now its already in cold store, due to US and EU agencies interference.
I saw in coin market cap, its only general information about libra coin, but no technical data is available yet.
This has been a discussion lately, if it is true that this will be launched hopefully it will have a good impact, libra is the center of attention of investors and all, and high expectations seem to be expected to be realized by the price of libra later. But for now we only need to be patient until then, because the US still does not dare to give access to libra. Hopefully next year libra can be launched and not disappoint all of our expectations. Now its already in cold store, due to US and EU agencies interference.
I saw in coin market cap, its only general information about libra coin, but no technical data is available yet.
This is the update about Libra 4 hours ago https://cointelegraph.com/news/facebooks-libra-has-failed-in-current-form-says-swiss-president
and I'm not seeing it good actually. There is always a questionable situation that Libra may face and it actually been rejected by some investors.
I couldn't say that Libra will become dead but it can be possible if no one will support this coin, and this coin might belong to shitcoins.
and I'm not seeing it good actually. There is always a questionable situation that Libra may face and it actually been rejected by some investors.
I couldn't say that Libra will become dead but it can be possible if no one will support this coin, and this coin might belong to shitcoins.
libra is as good as dead, they can not bypass the regulation.
We are yet to see if Libra will not get the go for their coin. They are still in the process of securing it. I think the team behind Libra will be willing to compromise in order to get through the regulations. We can't say their dead until the whole shebang is over.
The Libra currency has not yet been launched so it neither lives nor dies. It is currently struggling with government regulations to be allowed to operate.
However, the US government is concerned about Libra's threat to the financial market, so we still do not know when Libra will be launched.
However, the US government is concerned about Libra's threat to the financial market, so we still do not know when Libra will be launched.
I saw a tweet by icodrops stating the president of Switzerland said LIBRA has failed in its current form and needs reworking to be approved. Here https://twitter.com/ICODrops/status/1210889995805954054?s=19. I really hoped for Libra to scale through these regulatory hindrances since it will bring more exposure mainstream to crypto, even though it's highly centralized. I'm looking at the usability and acceptability of crypto here and not otherwise.
I think we can considered libra or facebook coin already dead because all we know that this project faced on so many issue, so tell me if you are the management or developer of libra how can you clean the project's name and have a good marketing strategies after those issues. The repution is already broke.
What problems have been experienced by libra or facebook coins, brother? I really did not know that a company like Facebook had so many problems that it turned off libra or Facebook coins.
libra is as good as dead, they can not bypass the regulation. I heard a rumor about they are going to launch it next year no matter what happens, but the probability for them to realize it almost zero. we are not ready yet to accept this kind of payment system. the global economy will be shaken, the government will not allow such a thing to happen.
I haven't yet understood the true purpose and the true principals of this monetary experiment. It is not clear to me why it seems too light: don't trust, verify!
There was a rapid growth in bitcoin price in last 2-3 months when it was announced Facebook is going to launch its own coin, called libra coin,
Now its already in cold store, due to US and EU agencies interference.
I saw in coin market cap, its only general information about libra coin, but no technical data is available yet.
Even Libra has not been released yet, so how could Libra have lived or died? There are rumors that Libra will not be released in the future because there are so many countries against it. But recently Libra has also changed many terms to conform to government regulations and try to release in 2020. Everything is just beginning so we need to wait a bit longer to know result Now its already in cold store, due to US and EU agencies interference.
I saw in coin market cap, its only general information about libra coin, but no technical data is available yet.
There were news of Libra moving forward without waiting for the US but again the statement from the president of Switzerland, the country where Headquarter of Libra lies. https://www.theblockcrypto.com/linked/51655/swiss-president-the-current-form-of-facebooks-libra-has-failed
With this news, Libra would have many to convince before starting an issuance.
With this news, Libra would have many to convince before starting an issuance.
I think Libra raised a lot of people's hope. So, people were expecting much to come from it in no distant time.
But its still a work in progress. The technical aspects haven’t been figured out yet.
So, I wouldn’t say it is a failure. Neither will I say is a success.
Libra is a work in progress. All blockchain-related projects are.
But its still a work in progress. The technical aspects haven’t been figured out yet.
So, I wouldn’t say it is a failure. Neither will I say is a success.
Libra is a work in progress. All blockchain-related projects are.
There was a rapid growth in bitcoin price in last 2-3 months when it was announced Facebook is going to launch its own coin, called libra coin,
Now its already in cold store, due to US and EU agencies interference.
I saw in coin market cap, its only general information about libra coin, but no technical data is available yet.
Now its already in cold store, due to US and EU agencies interference.
I saw in coin market cap, its only general information about libra coin, but no technical data is available yet.
The Facebook coin libra will going to launch next year because of US government regulations problems and it will be review the legal process by US government next year 1or 2 quarter.
source:
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1WC1DE
So it is still unsure wether Facebook Libra will launch next year. The decision is yet to be released and we are not sure if it is approved or not. So I guess it is early to tell that Facebook will going to launch next year. It is more fitting to say that Libra may possibly launch next year if they were granted an approval.
There was a rapid growth in bitcoin price in last 2-3 months when it was announced Facebook is going to launch its own coin, called libra coin,
Now its already in cold store, due to US and EU agencies interference.
I saw in coin market cap, its only general information about libra coin, but no technical data is available yet.
It's normal for Libra to make noise when it was first announced to the public. Of course it's from Facebook, a popular social media. That's just a normal response but since until now Libra hasn't been launched yet, there's no much noise. Crypto users are just focusing on their coins. But when Libra finally got launched, expect it to make noise again. Expect to be hearing a lot of news about Libra. And with that, we will see how well it'll do in the market. Now its already in cold store, due to US and EU agencies interference.
I saw in coin market cap, its only general information about libra coin, but no technical data is available yet.
Libra is still alive but not yet released because there are still many who oppose the Libra Coin project from Facebook.
even if libra is released, I also don't really care because basically I don't trust Facebook. but as a crypto currency, I support it.
even if libra is released, I also don't really care because basically I don't trust Facebook. but as a crypto currency, I support it.
Facebook is facing heavy opposition in their libra project, and some of their strategic allies are already showing signs of doubt and withdrawal.
I dunno if they survive the heavy resistance against their project, but even if they do it won't be fast. It will take years.
I dunno if they survive the heavy resistance against their project, but even if they do it won't be fast. It will take years.
In my opinion the Libra has not been clarified so far it might be still in negotiations with the local government so the decision has not yet been published.
2020 will be a lot of projects that provide good news about halving, release 2.0, collaborating and of course Libra will next year this will be the beginning of their careers, hopefully this will become a real reality.
2020 will be a lot of projects that provide good news about halving, release 2.0, collaborating and of course Libra will next year this will be the beginning of their careers, hopefully this will become a real reality.
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