Topic: Paypal to leave Libra - page 4. (Read 727 times)
The government has too many power and want to control everything forever, the article state that "they fear a possible scrutiny extension to their current business". Let them protect their current business before the politician make some stupid policy.
I think that the main problem of institutional investors leaving is the inefficiency of BAKKT. Many hoped that there would be drastic changes but they did not happen. Therefore, many people cease to believe in the prospects of investments in the cryptocurrency sector.
This isn't a good news for Libra at all, not as if I really believed the project before now; but with PayPal leaving then it shows something is wrong which we might not be seeing. The issue is, PayPal is one of the big shot in the financial payment systems thus is anticipated to play a big role in Libra , but with this latest development, others might leave while others might join, it's now a two way thing. This project has been questioned for a long time now I doubt if it will actually launch.
Because of the past issues of Facebook like mishandling information and privacy problem, I think they will now harvesting their negligence.
If Paypal leave the Libra then Zuckerberg is in a big trouble. Not only Paypal is skeptical to continue to renew their service, other gigantic payments like Mastercard and Visa is also hesitate to continue signing up for another project. If this happen, Facebook will be again the talk of the town. We’ll see how Zuckerberg will solve the incoming problem and dillema.
If Paypal leave the Libra then Zuckerberg is in a big trouble. Not only Paypal is skeptical to continue to renew their service, other gigantic payments like Mastercard and Visa is also hesitate to continue signing up for another project. If this happen, Facebook will be again the talk of the town. We’ll see how Zuckerberg will solve the incoming problem and dillema.
A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
It might happen because libra is under fire still, maybe the government want to do something with libra to avoid something or a disaster becauseCoindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
libra is not a small time, it is compose of large company that is going to take advantages of it when it launch, everyone see it coming and there is going to be a big impact in the business all over the world this is not a simple thing , specially when they have all the data and information of people almost all over the world
There will be more problems to come in LIBRA project until they launch it.
This exit of paypal will not affect big on the project as there will be more to come.
We should wait more for this, LIBRA is on a big hype now!
This exit of paypal will not affect big on the project as there will be more to come.
We should wait more for this, LIBRA is on a big hype now!
A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
yeap, agree here. if this is true and not the regular rumours or fake, that is the end of the Libra. I think, that Libra project received a lot of criticism from officials and that is the reason other players will go apart or seize their support for Libra.. maybe the world is not ready to ban fiat or it is decided that such power should not be controlled by facebook
I personally do not want Libra to enter this market because this project will probably affect a lot of investors and the crypto market does not need a new stablecoin because we now have USDT.
I think it's because the US government has shown a hostile attitude towards libra, with trump's tweet about USD being better and all that. Paypal and other centralized organizations are afraid and don't want to stand against more powerful authorities.
The decentralized world needs to fight for a long time, and it wouldn't be an easy fight.
The decentralized world needs to fight for a long time, and it wouldn't be an easy fight.
F'k Paypal. That company is at the center of a cesspool of scammers. Libra doesn't need them. If Paypal leaves that NWO group they can kiss their own asses goodbye. I don't love Libra but I respect that they are opposing the governments with a big fat middle finger. Gotta respect that.
That's to be expected, Imagine you are investing into a project but got stuck because of so many things including the regulation backlash also so many people seems to be pessimistic towards facebook in the recent case of privacy violation.
If the path is already this muddy it's better to withdraw, the action of paypal is definitely understandable also mastercard and visa which rumoured to be withdrawing aswell.
For the people that might think it will affect cryptocurrency greatly, it will not. Simply because Libra is basically a stablecoin.
If the path is already this muddy it's better to withdraw, the action of paypal is definitely understandable also mastercard and visa which rumoured to be withdrawing aswell.
For the people that might think it will affect cryptocurrency greatly, it will not. Simply because Libra is basically a stablecoin.
A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
This is a good episode to follow we will now see if many more partners are leaving the partners, there's been so many issues and problems going on against Libra but I never doubt that it will push through, so many efforts and money have been pour into project that many experts are considered one of the biggest, but still up to them if they can take up the challenge.
Probably this is just a speculation. You know how articles and social media created some speculative approach in dragging some fud on few projects which right now we are seeing lots ogbissue on Libra Project. I am not sure how long this will be the ongoing conversation but as long we are far from release of Libra we can see a lots of this, and not only PayPal will be drag like this.
Libra faces regulation issues, as one of the biggest payment points in the world. Engaging their company with this kind of project will result in distrust, not only Paypal.
Mastercard, Visa, and Stripe are considering this too. Obviously, this is not just a speculation based on rumor on the Internet,
they have a reason to do that considering how bad Libra is dealing with the regulation.
here another news about Mastercard, Visa, and Stripe https://www.independent.co.uk/life-style/gadgets-and-tech/news/facebook-libra-cryptocurrency-visa-mastercard-a9129141.html
A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
Still there is no assurance for the libra project to be launched since many sides opposing their cryptos but US allowed them with strict restrictions so they may launch their cryptos in certain regions with different regulations for usage based on the local jurdsdiction laws so libra is not going to be a big threat for bitcoin nor to the current fiat money system. Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
If the majority of their founders or members of the group will leave LibraCoin, then there's a big possibility that yes they are not going to push through with the launching, they are starting the launching with a bad reputation, and they might think of stopping or delaying the launching and just build their reputation first.
A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
yeap, agree here. if this is true and not the regular rumours or fake, that is the end of the Libra. I think, that Libra project received a lot of criticism from officials and that is the reason other players will go apart or seize their support for Libra.. maybe the world is not ready to ban fiat or it is decided that such power should not be controlled by facebook
Maybe this is the beginning of the decline from Libra project, Paypal is the largest company supporting the Libra project, if then they turn around then it is a major blow to the Libra project. It's a pity if this happens, die before birth.
It will not decline since its not yet started. Paypal is not largest but one of the top partners of libra . Even without paypal partnership they can still continue since they have enough big company partners. Maybe this is the beginning of the decline from Libra project, Paypal is the largest company supporting the Libra project, if then they turn around then it is a major blow to the Libra project. It's a pity if this happens, die before birth.
yes that's right, this is not a good thing because large companies like paypal that previously worked together but now paypal is no longer a part.Libra is more and more talked about even though they haven't appeared fully. I think this is bad news for Libra. but a company as big as libra I believe have a way back to find trust from other places
Maybe this is the beginning of the decline from Libra project, Paypal is the largest company supporting the Libra project, if then they turn around then it is a major blow to the Libra project. It's a pity if this happens, die before birth.
A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
I had guessed this before. PayPal is strong support for the development of libra, and PayPal is a service that is recognized throughout the world. unfortunately, libra does not get support throughout the world. some of the news that I got even said that some countries like Germany challenged it because this really can have a strong effect on the financial development of a country, even Fiat.Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
Libra got so many obstacles before it was launched. PayPal is a huge support, and influential. if this is true, it would be a substantial loss for libra. I even got an article that MasterCard, Visa, and others also reconsidered their involvement in Libra. Here's the link
A financial times article reports Paypal is on the verge of leaving Libra project as a founding member.
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
Coindesk explains it https://www.coindesk.com/paypal-might-withdraw-from-libra-association
Would it be the precursor of termination of Libra before even launching. What are your thoughts on the future of Libra? Would it even see the light?
It didn't really make sense for paypal to participate in the first place - the product that they offer will be in direct competition of what Libra is offering to the masses, so what's the point of allowing a direct competitor to flourish instead of potentially launching their own product along the same lines?
But again, this shows the incredible fragility of a centralised project.
All vested parties need to stay committed in order for a project to truly be successful. It also needs to co-operation of legislators to ensure that no negative regulations are imposed against it, which is an issue I think Libra also has to deal with on top of figuring out who's still in on the deal.
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