Topic: Why Do Crypto Enthusiasts Hate Facebook Coin? - page 3. (Read 766 times)
No serious investor or crypto entrepreneur will hate fb coin because as long as it is positive for crypto market and as long as it is associated to blockchain technology it is going to be good for crypto market.
I understand that Libra coin is "centralized", but so is XRP...How can you love XRP, but hate Libra coin? Granted, I don't support or like FB, but this is a giant step towards mainstream adoption. This is a HUGE turning point for this community. If you read the article linked below, you can see how many ppl despise this coin. They think that this is "bad" for the community, but in actuality this is a giant step towards mainstream adoption/acceptance.
https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit
The people that hate ripple are the same people that hate this new facebook coin, and they hate it for the same reasons, it is a centralized coin controlled by a big corporation that wants to take your privacy away by all means available to them, however that is not going to stop this new coin to be extremely popular among many members of the community so I am not worried about the success of this coin, however even if this is a step in the long road towards adoption I do not consider it a forward step, after all what is the point of having cryptocurrencies becoming more popular if the coins that are the most used are the same as fiat? https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit
It's centralized and will become a track record for analyzing all the data found within wallets. Facebook knows more about us than we realize and they will soon have our transaction information. There are privacy focused crypto projects like Elixxir that are educating people about the importance of their personal data both for payments and how we interact via social apps. I highly recommend everyone to look into this topic
Um, everyone hates xrp.
Just because it is the 3rd biggest coin doesn't mean people like it you know.
For Libra, you really need to think, "What kind of mainstream adoption do I want?"
Just because it is mainstream doesn't mean it is good.
In fact, blockchain was first designed to go against the mainstream financial institutions.
For crypto enthusiasts, it is not just about making money, it is about the evolution on how we interact and do business with each other.
Libra is a step in the wrong direction.
They are taking the best parts of blockchain and trying to control it.
A good analogy would be the debate on internet bandwith in america where major corporations want to be able to control bandwith and charge for more.
Satoshi made bitcoin to provide a way to circumvent these big banks and megacorporations, not give them more control.
Just because it is the 3rd biggest coin doesn't mean people like it you know.
For Libra, you really need to think, "What kind of mainstream adoption do I want?"
Just because it is mainstream doesn't mean it is good.
In fact, blockchain was first designed to go against the mainstream financial institutions.
For crypto enthusiasts, it is not just about making money, it is about the evolution on how we interact and do business with each other.
Libra is a step in the wrong direction.
They are taking the best parts of blockchain and trying to control it.
A good analogy would be the debate on internet bandwith in america where major corporations want to be able to control bandwith and charge for more.
Satoshi made bitcoin to provide a way to circumvent these big banks and megacorporations, not give them more control.
I understand that Libra coin is "centralized", but so is XRP...How can you love XRP, but hate Libra coin? Granted, I don't support or like FB, but this is a giant step towards mainstream adoption. This is a HUGE turning point for this community. If you read the article linked below, you can see how many ppl despise this coin. They think that this is "bad" for the community, but in actuality this is a giant step towards mainstream adoption/acceptance.
https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit
https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit
because libra coin is just a stable coin like usdt so we wont be able to make money off of it. That is why people love xrp and hate libra. And i think that libra coin have really nothing to do with the crypto world besides from making cryptocurrencies known all over the world which is i think a massive thing too when it comes to crypto adoption.
I understand that Libra coin is "centralized", but so is XRP...How can you love XRP, but hate Libra coin?
You get it all wrong here buddy for no genuine crypto enthusiasts like every cryptocurrency that's decentralized in nature and XRP was supported by the private companies with the institutions which you should have already know through it price movement.I don't support or like FB, but this is a giant step towards mainstream adoption. This is a HUGE turning point for this community. If you read the article linked below, you can see how many ppl despise this coin. They think that this is "bad" for the community, but in actuality this is a giant step towards mainstream adoption/acceptance.
https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit
You're right Facebook coin (Libra) could be a giant step for cryptocurrency been the mainstream of payment since a couple of institutions are already understanding the benefit of crypto which is why I slightly support facebook coin. https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit
I understand that Libra coin is "centralized", but so is XRP...How can you love XRP, but hate Libra coin? Granted, I don't support or like FB, but this is a giant step towards mainstream adoption. This is a HUGE turning point for this community. If you read the article linked below, you can see how many ppl despise this coin. They think that this is "bad" for the community, but in actuality this is a giant step towards mainstream adoption/acceptance.
https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit
https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit
because libra coin is just a stable coin like usdt so we wont be able to make money off of it. That is why people love xrp and hate libra. And i think that libra coin have really nothing to do with the crypto world besides from making cryptocurrencies known all over the world which is i think a massive thing too when it comes to crypto adoption.
I think crypto fans who hate Facebook coins don't understand the coin at all. even if they can understand I am sure they will invest and make a profit from the coin
Libra I think has made BTC or crypto more popular, why would they hate facebook coin, they couldn't care less about it. These enthusiast may not even have facebook account. Wa all hate the KYC, the more we hate it if the company spy on us and our buying habit but while this hate doesn't become helpful, facebook doesn't care about this anger as well. But right now, it appears they are going to make BTC widely accepted.
because facebook or Libra project has a great and big potential for achieving success, it proofed by many big project already being partnered and support Libra project.
not all crypto fans hate facebook coins, it's just crypto beginner fans who do that. now if the logic of senior crypto fans will definitely try to get profit from facebook coins instead of hating it instead. so it's not relevant
I am sure that not all crypto fans hate coins from Facebook, because everyone's perspective must be different, so it still depends on each individual and we should not claim all crypto fans hate coins from Facebook.
I understand that Libra coin is "centralized", but so is XRP...How can you love XRP, but hate Libra coin? Granted, I don't support or like FB, but this is a giant step towards mainstream adoption. This is a HUGE turning point for this community. If you read the article linked below, you can see how many ppl despise this coin. They think that this is "bad" for the community, but in actuality this is a giant step towards mainstream adoption/acceptance.
https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit
https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit
Unnecessary.
Dysfunctional.
Very central.
And it's far from being something new. It is a coin that is issued only to exist in the market.
I understand that Libra coin is "centralized", but so is XRP...How can you love XRP, but hate Libra coin? Granted, I don't support or like FB, but this is a giant step towards mainstream adoption. This is a HUGE turning point for this community. If you read the article linked below, you can see how many ppl despise this coin. They think that this is "bad" for the community, but in actuality this is a giant step towards mainstream adoption/acceptance.
https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit
I don't think Libra is bad. But you seem to misunderstand the nature between XRP and Libra. Libra is not crypto like XRP. Libra is stablecoin. It's like USDT, USDC, PAX, ...https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit
However, the market needs such coins. It's like a armor for a trader. This will partly help the community expand. That's the value Stablecoin created.
yes, thats right
don't forget when facebook show us the whitepaper from libra, a new demands coming to crypto world
and thats make a lot of crypto run in green mode until now and thats mean libra bring a good impact to this crypto industry
I understand that Libra coin is "centralized", but so is XRP...How can you love XRP, but hate Libra coin? Granted, I don't support or like FB, but this is a giant step towards mainstream adoption. This is a HUGE turning point for this community. If you read the article linked below, you can see how many ppl despise this coin. They think that this is "bad" for the community, but in actuality this is a giant step towards mainstream adoption/acceptance.
https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit
I don't think Libra is bad. But you seem to misunderstand the nature between XRP and Libra. Libra is not crypto like XRP. Libra is stablecoin. It's like USDT, USDC, PAX, ...https://tipestry.com/topics/5d11121313fe3c5fa63e0ffd/zuckbucks-are-bullshit
However, the market needs such coins. It's like a armor for a trader. This will partly help the community expand. That's the value Stablecoin created.
Buddy we should try to respect each others choice, everyone has its own decision, Maybe its favor or infavor as we see Facebook's Libra is one of the hottest topic around the cryptospace, and even the people that are not crypto aligned also capture and joined the topic and start asking about cryptocurrency, for me the hype was effective for the facebook users and starting to explore about the world of cryptocurrency we should avoid spreading hate just spread the kindness.
How can they hate Libra?
to my knowledge Libra will be a stable coin right?
it seems that it won't have a major impact on other cryptocurrencies.
to my knowledge Libra will be a stable coin right?
it seems that it won't have a major impact on other cryptocurrencies.
why replace central banks worldwide with a super central bank controlled by a few companies?
it's a terrible scenario, this is the opposite of bitcoin. it's even bigger - and worse - than xrp
it's a terrible scenario, this is the opposite of bitcoin. it's even bigger - and worse - than xrp
You can sell or buy whatever you like, no one persuades you not to buy centralized shit coins. But as I see Libra is a tool to manipulate people's wealth, centralization is not what the crypto community wanted. To use Libra = to use bank services.
Because that will be a centralized coin. Crypto is a coin that used p2p system that based on the decentralized network. Remember about a big olayer will always try to create domination. That makes some people are speculating if fb wanna try to get a lot of monry only from libra
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