Topic: Libra partner drop out - page 2. (Read 910 times)
Nothing will stop, there are tons of companies willing to get into this alliance and be a part of Libra. Wait for several more months and you will see that empty places will be booked by same size companies or even bigger.
FB was consistently destroying its reputation and this is the result. I choose to support less known but clean projects like Amoveo
Visa, mastercard, ebay, paypal, drop out from libra..
will libra still continue ...? why one by one partner liba drop out.? https://twitter.com/coindesk/status/1182747730248118280?s=21
will libra still continue ...? why one by one partner liba drop out.? https://twitter.com/coindesk/status/1182747730248118280?s=21
If they left the project that doesn't mean they will not come back when Libra will be successfully launch.
Maybe they are just playing safe at the moment as Libra has been criticized by the government but since its not operational yet, its not a big deal though.
The influence of Libra is huge what they need to focus on is just to have a successful launch and good news will follow.
That's also what I'm looking for, these companies that left Libra will go back when it is safe, they have an interest to protect and they want nothing to do with Libra coin now, but things will change after they soften these adversaries, but everything is yet to be seen, so we have something to watch out for next year.
The main reason these major partners withdrew from the project is because of regulatory pressure and Libra is not at a stage yet where it compliant enough to cater for large payment processors needs in this area, but hopefully will be next year which if so will be another turning point for the industry
I've been hearing about Libra and its relationship with Facebook months ago but it seems that the hype dissipated before I paid attention to it. So this is the reason why. I hope the Libra team is able to still launch this project even if its mainly for Facebook use. I don't wanna be skeptical, I know lots of people are using Facebook but it doesn't mean it has a huge market as only still a few percentages of users are aware of crypto. Still, they'll be doing another great job because through them more people will be aware of how useful crypto is.
Visa, mastercard, ebay, paypal, drop out from libra..
will libra still continue ...? why one by one partner liba drop out.? https://twitter.com/coindesk/status/1182747730248118280?s=21
will libra still continue ...? why one by one partner liba drop out.? https://twitter.com/coindesk/status/1182747730248118280?s=21
If they left the project that doesn't mean they will not come back when Libra will be successfully launch.
Maybe they are just playing safe at the moment as Libra has been criticized by the government but since its not operational yet, its not a big deal though.
The influence of Libra is huge what they need to focus on is just to have a successful launch and good news will follow.
Visa, mastercard, ebay, paypal, drop out from libra..
will libra still continue ...? why one by one partner liba drop out.? https://twitter.com/coindesk/status/1182747730248118280?s=21
Oh really? They lost the most important partners especially in the payment industry, these partners could provide Libra experience in this industry and without them I think that the chances of launching are now much lower.will libra still continue ...? why one by one partner liba drop out.? https://twitter.com/coindesk/status/1182747730248118280?s=21
These were key partners, but by no means the only ones able to provide their payment infrastructures.
In addition, cryptocurrencies already have a fairly well-developed infrastructure, therefore, without these partners, the scope of the project will decrease, but not critically.
Especially with such pressure from regulators, I would be surprised if all partners remained in their places.
Visa, mastercard, ebay, paypal, drop out from libra..
will libra still continue ...? why one by one partner liba drop out.? https://twitter.com/coindesk/status/1182747730248118280?s=21
Oh really? They lost the most important partners especially in the payment industry, these partners could provide Libra experience in this industry and without them I think that the chances of launching are now much lower.will libra still continue ...? why one by one partner liba drop out.? https://twitter.com/coindesk/status/1182747730248118280?s=21
Visa, mastercard, ebay, paypal, drop out from libra..
will libra still continue ...? why one by one partner liba drop out.? https://twitter.com/coindesk/status/1182747730248118280?s=21
Oh really? They lost the most important partners especially in the payment industry, these partners could provide Libra experience in this industry and without them I think that the chances of launching are now much lower. will libra still continue ...? why one by one partner liba drop out.? https://twitter.com/coindesk/status/1182747730248118280?s=21
I think they will no longer have enough capital and afford to continue debuting. The US government is really making things worse for Libra.
The bad news is constantly appearing when the hearing takes place and the size of this project is getting smaller. We can see a dark future and it seems that Facebook will end this project soon when there are no more important partners like Visa, Mastercard.
The bad news is constantly appearing when the hearing takes place and the size of this project is getting smaller. We can see a dark future and it seems that Facebook will end this project soon when there are no more important partners like Visa, Mastercard.
Visa, mastercard, ebay, paypal, drop out from libra..
will libra still continue ...? why one by one partner liba drop out.? https://twitter.com/coindesk/status/1182747730248118280?s=21
will libra still continue ...? why one by one partner liba drop out.? https://twitter.com/coindesk/status/1182747730248118280?s=21
Considering recent challenges faced by Mark Zuckerberg regarding his intention to develop libra, it might take a while before the full launch of Libra. The partners of Libra drop out because of the legal challenges faced on the own idea of creating a digital currency that has the potential of devaluing the US dollar. The launch of libra will not be any time soon.
Facebook was very greedy in wanting to release their own cryptocurrency. They make a lot of money from services, from selling user data. They have many partners but they are not really serious in the project. Unlike the CEOs of other large corporations, Zuckerberg doesn't show much interest in Bitcoin or other things related to Blockchain or Crypto. And moreover, they are having trouble with the regulations regarding currency issuance, only when Libra operates as a bank will it be accepted. This makes the government unacceptable, each country just needing a bank
Visa, mastercard, ebay, paypal, drop out from libra..
will libra still continue ...? why one by one partner liba drop out.? https://twitter.com/coindesk/status/1182747730248118280?s=21
will libra still continue ...? why one by one partner liba drop out.? https://twitter.com/coindesk/status/1182747730248118280?s=21
I tend to think otherwise, that is, Libra is likely to stop. The reason is, these partners joined in the first place owing to what they believed could come out or what the future holds, but now the credibility is being questioned they had no choice than to quit. We should remember that partners contributes in one way of the other towards the development and growth of any project, if Libra has it all it wouldn't have requested for partners. Nevertheless I might be wrong, but this is what I feels will happen.
Can you provide a link though where Mark directly stated that?
Libra partners are dropping because obviously they are afraid of US government putting all their efforts to stop their projects and partners might be affected negatively.
I think this is the news he was talking about Zuckerberg directly stated today that Facebook is ready to exit the Libra project if regulators do not approve it. He also said, as far as I know, that the Libra project is not an independent association from Facebook.
This means that this very tricky move Facebook can crank up to save face, and enter the Libra project later when it is convenient and approved by regulators.
Because I was under the impression that Facebook or Mark himself is very passionate to release Libra next year and will fight any backlash against them. They even hire lobbyist, so there's a plan to really get this project moving next year.This means that this very tricky move Facebook can crank up to save face, and enter the Libra project later when it is convenient and approved by regulators.
Libra partners are dropping because obviously they are afraid of US government putting all their efforts to stop their projects and partners might be affected negatively.
https://www.cnbc.com/2019/10/23/facebook-would-leave-libra-association-if-it-moves-forward-before-approval.html
Their main point here is, Mark Zuckerberg or Facebook itself will abandon the libra association if they will continue to move forward without the regulatory approval. He is against the libra association's decision to release the project even without the approval.
Can you provide a link though where Mark directly stated that?
Libra partners are dropping because obviously they are afraid of US government putting all their efforts to stop their projects and partners might be affected negatively.
Zuckerberg directly stated today that Facebook is ready to exit the Libra project if regulators do not approve it. He also said, as far as I know, that the Libra project is not an independent association from Facebook.
This means that this very tricky move Facebook can crank up to save face, and enter the Libra project later when it is convenient and approved by regulators.
Because I was under the impression that Facebook or Mark himself is very passionate to release Libra next year and will fight any backlash against them. They even hire lobbyist, so there's a plan to really get this project moving next year.This means that this very tricky move Facebook can crank up to save face, and enter the Libra project later when it is convenient and approved by regulators.
Libra partners are dropping because obviously they are afraid of US government putting all their efforts to stop their projects and partners might be affected negatively.
Zuckerberg directly stated today that Facebook is ready to exit the Libra project if regulators do not approve it. He also said, as far as I know, that the Libra project is not an independent association from Facebook.
This means that this very tricky move Facebook can crank up to save face, and enter the Libra project later when it is convenient and approved by regulators.
Should we see this as threat or what because we were not even the one that demanded for the project in the first instance, it is Facebook that is trying to impose the project on us for their own interest. If regulators say that they don’t want it, I think those regulators are more comfortable with the intention of bitcoin creator than they are with the intention of Facebook Libra owner. This means that this very tricky move Facebook can crank up to save face, and enter the Libra project later when it is convenient and approved by regulators.
If Facebook really feel love for cryptocurrency and wants to make any impact, he should use his large social media database to actually promote bitcoin, because he should know fully well, that bitcoin is the only currency right now that can give us the true freedom that he feel his currency will give or for any purpose that he feel made it deem fit for him to create the coin.
Governments do not take lightly when someone tries to take authority or power out of them and if bitcoin still exist is because is decentralized and we do not know the identity of its creator which are the opposite circumstances of the Libra project.
Government do hate up those things that cant be controlled and they already saw Bitcoins features and its really a threat in terms of anonymity and decentralization and now
Facebook do tend to create on its own? We do know on how big it is and government already presumes on what would be the possibility of the outcome yet supporters of this coin will be massive basing on the current numbers of fb users.
Zuckerberg directly stated today that Facebook is ready to exit the Libra project if regulators do not approve it. He also said, as far as I know, that the Libra project is not an independent association from Facebook.
This means that this very tricky move Facebook can crank up to save face, and enter the Libra project later when it is convenient and approved by regulators.
Should we see this as threat or what because we were not even the one that demanded for the project in the first instance, it is Facebook that is trying to impose the project on us for their own interest. If regulators say that they don’t want it, I think those regulators are more comfortable with the intention of bitcoin creator than they are with the intention of Facebook Libra owner. This means that this very tricky move Facebook can crank up to save face, and enter the Libra project later when it is convenient and approved by regulators.
If Facebook really feel love for cryptocurrency and wants to make any impact, he should use his large social media database to actually promote bitcoin, because he should know fully well, that bitcoin is the only currency right now that can give us the true freedom that he feel his currency will give or for any purpose that he feel made it deem fit for him to create the coin.
Governments do not take lightly when someone tries to take authority or power out of them and if bitcoin still exist is because is decentralized and we do not know the identity of its creator which are the opposite circumstances of the Libra project.
Zuckerberg directly stated today that Facebook is ready to exit the Libra project if regulators do not approve it. He also said, as far as I know, that the Libra project is not an independent association from Facebook.
This means that this very tricky move Facebook can crank up to save face, and enter the Libra project later when it is convenient and approved by regulators.
Should we see this as threat or what because we were not even the one that demanded for the project in the first instance, it is Facebook that is trying to impose the project on us for their own interest. If regulators say that they don’t want it, I think those regulators are more comfortable with the intention of bitcoin creator than they are with the intention of Facebook Libra owner. This means that this very tricky move Facebook can crank up to save face, and enter the Libra project later when it is convenient and approved by regulators.
If Facebook really feel love for cryptocurrency and wants to make any impact, he should use his large social media database to actually promote bitcoin, because he should know fully well, that bitcoin is the only currency right now that can give us the true freedom that he feel his currency will give or for any purpose that he feel made it deem fit for him to create the coin.
Zuckerberg directly stated today that Facebook is ready to exit the Libra project if regulators do not approve it. He also said, as far as I know, that the Libra project is not an independent association from Facebook.
This means that this very tricky move Facebook can crank up to save face, and enter the Libra project later when it is convenient and approved by regulators.
This means that this very tricky move Facebook can crank up to save face, and enter the Libra project later when it is convenient and approved by regulators.
No surprise here really... 'members' are jumping of titanic because of regulations.
Telegram is also having issues with gram, even if they have ready project now.
I don't like Libra, but regulation even less
whoaa, that was very heavy guys, the effect of a real drop out by their partner. shares from facebook fell. this is when a large project with a large partner has a greater risk. and when it's problematic, the effect is very surprising. and this is still at the beginning.
STABLE COIN> which cant get the investors stable?i hope they will never be launch! i will never lie i did want FACEBOOK to get there on coin in cryptocurrency but this must not be in this way! i never thought they have a project like this!
Jump to: