Obviously, no one will buy a Facebook coin as an investment, unless the American dollar is part of the investment, because the Libra project will be tied to this currency.
The project’s coin will be used as a universal payment tool that allows you to transfer money from one point to another with reduced commissions, increased speed, without any intermediaries.
Given that the coin will be fully centralized, I can use it only for verified users, which will reduce the risks of money laundering and other criminal frauds.
Topic: Who Would Really Buy Facebook Coin? - page 4. (Read 11118 times)
There are many people who would really buy Facebook coin which will surprise you. I would say there's a big influence of this coin on Facebook users. I believe Libra coin will rise soon when the market recovers.
maybe Facebook users will buy Libra coins. and later this libra coin will be used to shop on the internet. and maybe whatsapp users and instagram will also buy libra. Facebook has many users, I don't think it will be difficult for them to sell libra. and when this libra coin grows rapidly, I'm sure crypto investors will also be interested in buying libra.
Facebook coin will be created for everyone, they will make it easy as sending a message on Messenger because they would like to attract normal people that are not technically proficient as cryptocurrency users.
If they created for the public purpose they need to do the public sale with the heavy percentage but things are going in different way and they planned to make the private investment in high volume than public.
if the Libra coin has been launched in the Facebook messenger application like to send to others it will be more helpful for the normal people who want to make the international transactions. Then chat and payment also will be simplified.
Most of the users will not buy it because there are using limited functionality of facebook which is default function like chatting and posting and so on.
Other users, who are using facebook for reasons other than that like marketing and selling, would definitely buy facebook currency. Entire facebook marketplace, advertisement publishing and advertising will require facebook currency.
Other users, who are using facebook for reasons other than that like marketing and selling, would definitely buy facebook currency. Entire facebook marketplace, advertisement publishing and advertising will require facebook currency.
Facebook coin will be created for everyone, they will make it easy as sending a message on Messenger because they would like to attract normal people that are not technically proficient as cryptocurrency users.
Anything that can bring profit to people will have buyers am sure, Facebook is a company which nearly everyone around the world is using even though some are critisizing it, many still use it, same thing will happen if Facebook coin ever hit the market, few will criticize but many will buy.
Libra is basically a stablecoin and there's no profit in that except for the company that developed the coin. I believe that most of people who are willingly to buy such coin are those who really use it for their needs instead of seeking for profit. I mean holding stablecoin is basically the same as holding a cash there's no difference profit wise.
With right marketing facebook will be able to sell it to almost everyone unfortunatly
If Libra becomes a reality, then I have no doubt that a lot of people will end up purchasing it. But the big question is whether the governments will allow Facebook to issue a cryptocurrency. So far, the signs are not very encouraging. Even in the United States, they are facing a lot of pressure from the authorities. If this is the case with the US, then you can imagine what will happen in the other countries.
Majority of the prospect buyers for Facebook coin or Libra coin are mostly FB subscriber, and for sure those big investors
are Mark Zuckerberg partners in business too, He will surely use his connection worldwide to support his own coin.
But I know most of the crypto believers won't support on this coin for sure including myself.
are Mark Zuckerberg partners in business too, He will surely use his connection worldwide to support his own coin.
But I know most of the crypto believers won't support on this coin for sure including myself.
Anything that can bring profit to people will have buyers am sure, Facebook is a company which nearly everyone around the world is using even though some are critisizing it, many still use it, same thing will happen if Facebook coin ever hit the market, few will criticize but many will buy.
Facebook coin will be the next bitcoin maybe. This project is named by a most famous social website Facebook and we know that this coin is very popular. The coin doesnt need to market at all.
It is a stable coin, so for me, it is not worth buying since you cannot make any use out if other than just using it to hold your money. you can’t make profit out of it from trading, so for me, since I engage myself in trading etc, this coin is of less value. But people will but it, and it will get popular very rapidly.
A lot of people, especially those who is writing posts on this forum with statements like: "avoid using Libra". It would be a great success for whole industry and would definitely bring new audience which would lead to the market growth.
Facebook coin, Libra?
I am 101% interested in buying it, I'm already saving up big time for it.
I am 101% interested in buying it, I'm already saving up big time for it.
Honestly ... I am very interested in Facebook coin which will be released ... and I will buy this coin as much as possible because I am very sure if Facebook coin will achieve great success and will advance in various cryptocurency markets ... because now I see and reading many articles about facebook coin has a good response and many parties will support facebook coin (libra) ..
It does not hurt indeed if you are interested in Libra coin, but I suggest you to find out more about the prospects of Libra coin in the future, and I have read several articles that do mention if the purpose of Facebook to make Libra coin is a payment tool used for payment applications / online goods and Libra coins are also predicted to have very stable prices so there is no movement up and down prices like other cryptocurrency, and in my opinion Libra coin is not a good investment asset.
Honestly, who would buy this? Serious question! I've been reading about it and I don't see how Facebook can create a coin that upholds the values crypto portrays (censorship free currency).
https://tipestry.com/topics/5ce41169570b6c1f0750a040/facebook-to-release-its-own-cryptocurrency-on-whatsapp-%E2%80%93-libracoin-%E2%80%93-with-its-base-in-switzerland-and-first-launch-in-india
https://tipestry.com/topics/5ce41169570b6c1f0750a040/facebook-to-release-its-own-cryptocurrency-on-whatsapp-%E2%80%93-libracoin-%E2%80%93-with-its-base-in-switzerland-and-first-launch-in-india
Honestly ... I am very interested in Facebook coin which will be released ... and I will buy this coin as much as possible because I am very sure if Facebook coin will achieve great success and will advance in various cryptocurency markets ... because now I see and reading many articles about facebook coin has a good response and many parties will support facebook coin (libra) ..
You would like to get answer? Here it is: everyone! Libra will be the first real worldwide payment method, fully regulated and backed by big company.
Why Bitcoin is not a worldwide payment method? Because it is too complicated and we still do not have regulations, so it can easily become banned in some countries.
Why Bitcoin is not a worldwide payment method? Because it is too complicated and we still do not have regulations, so it can easily become banned in some countries.
Let's talk about a fully regulated coin and worldwide payment method after they get regulated, it is still too early for us to say they are a regulated company.
compared to Libra, Bitcoin is more reliable because they never sell their customer data, unlike some people who sold it to big companies.
I think a lot of people will buy Libra because it will be main payment method on Facebook. People create value for coin, if it will have a real implementation, more people will be used it
I think that few people would buy this coin from this forum. Since now few people use cryptocurrencies for payments, so far everyone here who wants to earn money from mining or trading, and also from various operations. But this coin is valuable as a payment instrument and it’s stupid to expect growth from it since it will be tied to the dollar.
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