I like Libra because it will give many people a chance to choose their own crypto. They will hear about it and will be able to learn more if they choose to. That is if they don't ignore all the rest and just use Libra. There will be a lot of people who will do it and it's a shame but there will also be many who will choose to explore.
The good side of Libra is all the exposure it will bring. The bad is if it fucks up somewhere it will scare people away from all the other cryptocurrencies.
Some people think it will steal users away from bitcoin but it won't happen.
Topic: More Money,More Problems:Can We Really Trust Facebook to “Fix” Digital Currency? (Read 123 times)
October 03, 2019, 03:09:13 PM
October 03, 2019, 02:43:44 PM
[snip]
Facebook might be a healthy competition between decentralized currencies, but it should not be compared to existing cryptos like BTC, ETH, LTC and etc, while its focusing and has large threat to banks or even central banks itself.Already Facebook have some issues with the privacy data leak. So, to gain trust it is supposed to fulfill by overcoming the past bad image it has acquired.
September 30, 2019, 10:26:25 AM
[snip]
Facebook might be a healthy competition between decentralized currencies, but it should not be compared to existing cryptos like BTC, ETH, LTC and etc, while its focusing and has large threat to banks or even central banks itself.Already Facebook have some issues with the privacy data leak. So, to gain trust it is supposed to fulfill by overcoming the past bad image it has acquired.
September 29, 2019, 01:34:25 PM
[snip]
Facebook might be a healthy competition between decentralized currencies, but it should not be compared to existing cryptos like BTC, ETH, LTC and etc, while its focusing and has large threat to banks or even central banks itself.Already Facebook have some issues with the privacy data leak. So, to gain trust it is supposed to fulfill by overcoming the past bad image it has acquired.
September 29, 2019, 11:11:51 AM
I dont really see to be a competition against BTC and other altcoins in the market yet this is most likely to be similar with those stable coins we have seen in the market.OP is definitely talking about Libra and we have seen how this token is being stopped or being blocked by the government or lots of critics and problems been faced yet they do saw for this project to be a threat to them.Anything that cant be controlled by the government would really be always getting different treatment.We know on how big facebook is and so as with the government.
At this point we do not really know if Libra is going to launch at all since it seems most governments want to block it, which is not surprising, if people begin to use a coin created by Facebook then some of the most powerful companies around the world will decide that it is in their best interests to create their own coins and suddenly things could get out of control for most governments, but as you say that Libra coin will not be a competitor to decentralized currencies like bitcoin but it will be a threat to stable coins and fiat. 
September 29, 2019, 05:08:48 AM
More Money,More Problems:Can We Really Trust Facebook to “Fix” Digital Currency?
What did you think about Facebook coin did you think it's our next digital currency
What did you think about Facebook coin did you think it's our next digital currency
For me, I think I really trust facebook to fix digital currrency. It's our next digital currency because almost all of the people use facebook. I think the user in facebook is greater that the user of bitcoin.
September 28, 2019, 11:21:31 PM
More Money,More Problems:Can We Really Trust Facebook to “Fix” Digital Currency?
What did you think about Facebook coin did you think it's our next digital currency
What did you think about Facebook coin did you think it's our next digital currency
For me, I think I really trust facebook to fix digital currrency. It's our next digital currency because almost all of the people use facebook. I think the user in facebook is greater that the user of bitcoin.
September 28, 2019, 09:11:58 PM
Well, the Facebook cryptocurrency may will only be famous on some platform especially on their own platform since Libra cryptocurrency is more on stable coin like it is backed with USD.
So, if you will compare it with other decentralized cryptocurrencies like Bitcoin, I think it is something different.
One of the main competitor of Libra for sure is like the whatsapp pay, which there are some country are already using this in most of businesses, like in China. And also Paypal, they could be also similar with Libra cryptocurrency.
So, if you will compare it with other decentralized cryptocurrencies like Bitcoin, I think it is something different.
One of the main competitor of Libra for sure is like the whatsapp pay, which there are some country are already using this in most of businesses, like in China. And also Paypal, they could be also similar with Libra cryptocurrency.
September 28, 2019, 03:51:08 PM
...large threat to banks or even central banks itself.
With all due respect but threat my ass. No way dude, I wont believe such statements in million years, no matter how often it gets repeated. I think its a project designed by the central, supported by it and they most likely, cheering for it as we post.I see it as a threat to human kind, another emanation of world government. Call me conspiracy theorist but it is better to be cautious then sorry. This company is simply to big, to important and simply to heavily entangled with the three letter intelligence organisations of all sorts. Trust nobody, especially trust no corp.
September 28, 2019, 03:35:52 PM
[snip]
Facebook might be a healthy competition between decentralized currencies, but it should not be compared to existing cryptos like BTC, ETH, LTC and etc, while its focusing and has large threat to banks or even central banks itself.
September 28, 2019, 02:28:36 PM
[snip]
Facebook might be a healthy competition between decentralized currencies, but it should not be compared to existing cryptos like BTC, ETH, LTC and etc, while its focusing and has large threat to banks or even central banks itself. September 28, 2019, 11:42:54 AM
More Money,More Problems:Can We Really Trust Facebook to “Fix” Digital Currency?
Facebook itself has been going through a lot of controversies over various issues which include user privacy and a lot of other policies. With that said, they should be looking to fix their current system before diving into a much bigger venture.
What did you think about Facebook coin did you think it's our next digital currency
It sure will cause a lot of hype as Facebook is a big corporate and a token under their name would be a huge deal. Depending on how they deal with the present situation of the cryptocurrency scene and what model they choose, it could be a hit or miss.
September 27, 2019, 11:21:33 PM
September 27, 2019, 04:39:02 PM
[snip]
What did you think about Facebook coin did you think it's our next digital currency
Well, probably you are talking about Libra coin which is recently launched by the Facebook company. Yes, it is a part of digital currency and also they had used blockchain technology like Bitcoin and Ethereum. But this digital currency is different from cryptocurrency because it is regulated by the owner. But how could you fix this? this is a stable coin and this is not like crypto, it seems you are using fiat but on the internet.What did you think about Facebook coin did you think it's our next digital currency
September 27, 2019, 01:53:19 PM
[snip]
What did you think about Facebook coin did you think it's our next digital currency
Well, probably you are talking about Libra coin which is recently launched by the Facebook company. Yes, it is a part of digital currency and also they had used blockchain technology like Bitcoin and Ethereum. But this digital currency is different from cryptocurrency because it is regulated by the owner. But how could you fix this? this is a stable coin and this is not like crypto, it seems you are using fiat but on the internet. What did you think about Facebook coin did you think it's our next digital currency
September 27, 2019, 12:37:00 PM
I can't understand anything what you mean
I know the more money the person has, the less problems the person will have. At least good food, good health, good home, good car, business and company, the person will have if you have a lot of money. so explain to me what you mean by "More Money, More Problems"
fix what? you are not being clear
More Money,More Problems
I know the more money the person has, the less problems the person will have. At least good food, good health, good home, good car, business and company, the person will have if you have a lot of money. so explain to me what you mean by "More Money, More Problems"
Can We Really Trust Facebook to “Fix” Digital Currency?
What did you think about Facebook coin did you think it's our next digital currency
What did you think about Facebook coin did you think it's our next digital currency
fix what? you are not being clear
September 27, 2019, 09:17:39 AM
More Money,More Problems:Can We Really Trust Facebook to “Fix” Digital Currency?
What did you think about Facebook coin did you think it's our next digital currency
What did you think about Facebook coin did you think it's our next digital currency
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