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Topic: Why I think Libra Coin will Win - page 3. (Read 547 times)

hero member
Activity: 1106
Merit: 527
December 13, 2019, 02:28:07 PM
#34
Personal speculation should not affect anyone because investors are seriously does not analytical things mostly they confused that you are completely right.
I wish everyone should examine it independently then they have to confirm whether it is worth or i will no support centralized businesses.
sr. member
Activity: 1246
Merit: 285
December 13, 2019, 02:19:47 PM
#33
~


Let me ask you this, do you actually use a coin? Do you ask for a service and pay for that service or product with any coins. I would bet you don't. Some may. And good on them. But the vast majority here ( bitcointalk ) don't. ( I maybe wrong)

But people are going to use Libra. Its not investment. Its a tool. A stable tool.

~~~
I use cryptocurrency only for trading. I have never used cryptocurrency for payment of goods or services. As you said, most do not really care about its utility as a means of payment, it's because everyone has their own views and goals in maximizing the potential of cryptocurrency for themselves. For me, cryptocurrency is more effective as a tool for investment and trading commodities. That is clearly different from those of you who want more adoption for a payment Smiley This is not a problem, as long as we can take advantage of this great opportunity to get a comfortable life.

Yes, and I strongly agree with your view of the stable function of Libra for payment. This is effective, of course, because a constant price will not give too much distance in the midst of cryptocurrency volatility. This will be very effective, especially since Facebook has a very large community, more and more people will get to know cryptocurrency if Libra is really implemented.
hero member
Activity: 2184
Merit: 531
December 13, 2019, 02:13:13 PM
#32
The problem with libra is that they want it to be regulated and the government is against it and it's easy to stop because they can attack the company behind it that has real people and assets associated with it.

Bitcoin is not that easy to stop because it never asked to be regulated and there's no people you can sue behind it. If the government allows libbra to exist it will. It's vulnerable.
full member
Activity: 882
Merit: 126
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December 13, 2019, 02:06:19 PM
#31
LIBRA coin will win because of its source and parent company facebook. They will make sure that this will be hit and may integrate somehow with facebook also. In that way, its fed into the people mandatorily.
FYI, not everything launched by facebook was succeeded even on their facebook platform itself.There are lot of failures for them when I searched about their history so don't trust the things will suceed because they got a most successive social media platform.Their instagram exceeded their primary social media called facebook recently.
full member
Activity: 868
Merit: 104
December 13, 2019, 01:44:46 PM
#30
LIBRA coin will win because of its source and parent company facebook. They will make sure that this will be hit and may integrate somehow with facebook also. In that way, its fed into the people mandatorily.
full member
Activity: 882
Merit: 126
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December 13, 2019, 11:46:23 AM
#29
FYI,Mark Zuckerberg has regulatory issues on launching their project such as governments like USA and France has against that project maybe this will happen with the remaining governments as well so the launch will take too much time from now until that why not try any other untility coins which is something not controlled by anyone?

Why you are so much interested on Facebook's lira project when you don't even have an account there? Roll Eyes

In my opinion, @OP looks more at the opportunity side, as we know that Mark Zuckerberg has appeal in every platform he has developed and so far his platform has been a huge success. I'm sure @OP also thinks of opportunities like Mark Zuckerberg did, although Libra is still faced with regulatory issues, but I'm sure when Libra is able to overcome it all, soon this coin will develop rapidly.
Any business could bring income to the governments that is why they allowing anything from ig companies but when something could affect their soverign currencies then the oppse will stay here until Mark could become their president. Wink
Thinking is very good, especially based on the fact that it supports. Indeed I see for the development of Libra the coin continues to progress. And I think it is the underlying you think so. So it will be very good by giving positive pecan. To be a winner should Libra coin continue to improve its development and increase its ability to compete with other coins that are still above Libra coin. So keep the spirit and expand all its abilities.
Moreover libra project will be a stable coin project so I don't think it will really make attention among the investors who are existing now,but if Libra comes more institutional investors will start to arrive crypto space.
sr. member
Activity: 939
Merit: 256
December 13, 2019, 11:41:45 AM
#28
My question to you is: Will regulators actually allow Libra to establish themselves, let alone succeed?

Until now Libra is still fighting to get the permission of the US government. However, it will be very difficult because of the US government's concerns about the dangers of cryptocurrencies.
Maybe libra will get permission in the future and they will operate before the strict rules of US law. I think libra is very difficult to be released at this time.
hero member
Activity: 1249
Merit: 506
December 13, 2019, 11:36:34 AM
#27
Facebook is a large and reputable social network, with the support from Facebook I think libra will gain the attention and confidence of the majority of investors.
However, Libra is currently facing regulations against cryptocurrencies of governments around the world. The US government dislikes libra because it is concerned about the risk it poses to the financial sector. Perhaps we will have to wait a long time before libra is released.
Given the current general situation, I think we will not need to wait too long. In my mind, Libra will be launched in 2021 or earlier because China is ahead of the United States in crypto. Libra will be accepted and compete with Chinese cryptocurrency in the future. It was just my personal prediction, but the reality is that things could turn out differently
I think China is not ahead of the United States in cryptocurrency. As far as I know, the Chinese government is still fighting cryptocurrencies because of concerns about tax evasion and asset flows abroad. China claims that support for Blockchian does not support cryptocurrencies
Recently, the central bank of China has issued a number of regulations to tighten investment funds for cryptocurrencies.
Libra will need a lot of effort to launch the market, let's keep an eye on.
member
Activity: 1008
Merit: 12
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December 13, 2019, 09:13:56 AM
#26
Definitely Libra is going to revolutionize the market in shape of adoption of overall crypto market especially if it gets the clearance and total backing of the US government because it is the only hurdle they have untill now but recent events suggest that this will be cleared as well which will be massive for the market.
legendary
Activity: 2674
Merit: 1226
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December 13, 2019, 09:03:40 AM
#25
Good luck with this game changer that by the way HAS NOT changed the game yet. Why because it doesn't even exist for you.

I don't see why you can't see the exact same things for Bitcoin. You need to sign up for FB to use Libra, same thing you need to only sign up a client to use Bitcoin.

Tell me if you can use Libra in countries where there's no Facebook, by the way.
sr. member
Activity: 1344
Merit: 264
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December 13, 2019, 08:50:36 AM
#24
Facebook is a large and reputable social network, with the support from Facebook I think libra will gain the attention and confidence of the majority of investors.
However, Libra is currently facing regulations against cryptocurrencies of governments around the world. The US government dislikes libra because it is concerned about the risk it poses to the financial sector. Perhaps we will have to wait a long time before libra is released.
Given the current general situation, I think we will not need to wait too long. In my mind, Libra will be launched in 2021 or earlier because China is ahead of the United States in crypto. Libra will be accepted and compete with Chinese cryptocurrency in the future. It was just my personal prediction, but the reality is that things could turn out differently
sr. member
Activity: 826
Merit: 250
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December 13, 2019, 08:45:36 AM
#23
FYI,Mark Zuckerberg has regulatory issues on launching their project such as governments like USA and France has against that project maybe this will happen with the remaining governments as well so the launch will take too much time from now until that why not try any other untility coins which is something not controlled by anyone?

Why you are so much interested on Facebook's lira project when you don't even have an account there? Roll Eyes

In my opinion, @OP looks more at the opportunity side, as we know that Mark Zuckerberg has appeal in every platform he has developed and so far his platform has been a huge success. I'm sure @OP also thinks of opportunities like Mark Zuckerberg did, although Libra is still faced with regulatory issues, but I'm sure when Libra is able to overcome it all, soon this coin will develop rapidly.
Any business could bring income to the governments that is why they allowing anything from ig companies but when something could affect their soverign currencies then the oppse will stay here until Mark could become their president. Wink
Thinking is very good, especially based on the fact that it supports. Indeed I see for the development of Libra the coin continues to progress. And I think it is the underlying you think so. So it will be very good by giving positive pecan. To be a winner should Libra coin continue to improve its development and increase its ability to compete with other coins that are still above Libra coin. So keep the spirit and expand all its abilities.
full member
Activity: 882
Merit: 126
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December 13, 2019, 08:14:35 AM
#22
FYI,Mark Zuckerberg has regulatory issues on launching their project such as governments like USA and France has against that project maybe this will happen with the remaining governments as well so the launch will take too much time from now until that why not try any other untility coins which is something not controlled by anyone?

Why you are so much interested on Facebook's lira project when you don't even have an account there? Roll Eyes

In my opinion, @OP looks more at the opportunity side, as we know that Mark Zuckerberg has appeal in every platform he has developed and so far his platform has been a huge success. I'm sure @OP also thinks of opportunities like Mark Zuckerberg did, although Libra is still faced with regulatory issues, but I'm sure when Libra is able to overcome it all, soon this coin will develop rapidly.
Any business could bring income to the governments that is why they allowing anything from ig companies but when something could affect their soverign currencies then the oppse will stay here until Mark could become their president. Wink
hero member
Activity: 1249
Merit: 506
December 13, 2019, 08:10:47 AM
#21
Facebook is a large and reputable social network, with the support from Facebook I think libra will gain the attention and confidence of the majority of investors.
However, Libra is currently facing regulations against cryptocurrencies of governments around the world. The US government dislikes libra because it is concerned about the risk it poses to the financial sector. Perhaps we will have to wait a long time before libra is released.
legendary
Activity: 3038
Merit: 1166
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December 13, 2019, 07:45:48 AM
#20


"Win"? It hasn't even launched and probably doesn't even get to do that. Not until the government gets it to comply on making it their own Orwellian tool of control and surveillance.
And they can and will control it as it's not permissionless in any way.
hero member
Activity: 2954
Merit: 796
December 13, 2019, 07:36:55 AM
#19
Well I'm a little bit shocked that there's actually someone who doesn't have facebook... I mean, I bet you know a lot about technology yet you don't have facebook. Because even non-techy and older people are trying to fit in the mainstream that's why they also have Facebook. But I'm not against you having no Facebook. I'm just saying my first impression... But with regards to your view about Libra, I respect that. It's your own perspective and opinion about Libra so I wouldn't stop nor go against you. But personally, I'm not against Libra but I just don't feel the hype about Libra. Maybe I might also end up using it in the future but it still depends on the situation.
I don't think there is a need for Libra as well for Facebook. Though we can be updated in Facebook but most often we can only see fake news or some dissaponting news too. I prefer to socialised personally as much as possible. I only use Messenger than Facebook and I think Libra is a no need for cryptocurrency market too.
sr. member
Activity: 2100
Merit: 309
December 13, 2019, 07:35:39 AM
#18
My question to you is: Will regulators actually allow Libra to establish themselves, let alone succeed?

I think that if you have any sort of sense the answer to that question is no. The federal reserve has already shown that they are quite unwilling to let go of the control that they have over monetary policy to a private industry, especially one the size of Facebook.

It's not that Libra can't succeed, but it's just very difficult to do so.
Last days I got source link website give information about Libra coin have hot permission from United State government to allowed Libra become legal investment coin, I don't know is true information or not because until today look not update information about Libra coin, maybe some one want to give effect for bitcoin become higher price because by allowing Libra as legal investment and assets transaction bitcoin will grow up.
sr. member
Activity: 658
Merit: 268
bullsvsbears.io
December 13, 2019, 07:31:58 AM
#17
Well I'm a little bit shocked that there's actually someone who doesn't have facebook... I mean, I bet you know a lot about technology yet you don't have facebook. Because even non-techy and older people are trying to fit in the mainstream that's why they also have Facebook. But I'm not against you having no Facebook. I'm just saying my first impression... But with regards to your view about Libra, I respect that. It's your own perspective and opinion about Libra so I wouldn't stop nor go against you. But personally, I'm not against Libra but I just don't feel the hype about Libra. Maybe I might also end up using it in the future but it still depends on the situation.
sr. member
Activity: 1150
Merit: 260
☆Gaget-Pack☆
December 13, 2019, 07:18:42 AM
#16
Hi

Firstly I would like to say I don't care about one coin from another. All I want is utility. I want to be able to pay someone for services rendered.

THAT'S ALL I CARE ABOUT.. I have no loyalty to any coin.

I don't have a Facebook account. But I'm going to get one because of Libra.

I see a business opportunity with Libra and that's that. Some business opportunity bear fruit some don't. You could say that's my own business which I'm not going to discuss here.

OK.. Why will Libra be a game changer.

Because over night millions of people who have no understanding of coins are suddenly going to. And developers are going swarm to Libra..

AND PEOPLE ARE GOING TO ACTUALLY USE LIBRA.


Let me ask you this, do you actually use a coin? Do you ask for a service and pay for that service or product with any coins. I would bet you don't. Some may. And good on them. But the vast majority here ( bitcointalk ) don't. ( I maybe wrong)

But people are going to use Libra. Its not investment. Its a tool. A stable tool.

That other day I used Iota as a tool. And it worked for me. I asked for a service and received a service. And I payed for that service in Iota.

https://bitcointalksearch.org/topic/m.53286995


I was lucky, I found a person with a skill set and the ability to accept payment in the currency I had. Iota...

Soon millions of people with  the skill set I need will be able and willing to accept payment from me.

Libra may not be a game changer for you. But it is for me.
Libra is set to revolutionize the adoption of cryptocurrency. I think this is one of the most riskiest but straight forward approach by a social media corporation to jump head first into a new financial tech innovation. To dive right into a sea made up of heavily grey areas of law, but risk being the first to navigate such a frontier and possibly come out on top! Facebook is poised to be the 1st of it's kind to try and capture the new crypto market by the balls. If Facebook could pull it all off with Libra, the world would be educated in and utilizing cryptocurrency.
  As of right now, I couldn't explain simply the Blockchain and cryptocurrency to my grand parents if I tried. But if their favored congressman or celebrity/social influencer promoted it, they would be ecstatic. I believe that Facebook has this kind of influence and pull over the people on a global scale. How many women use Instagram or WhatsApp? How many people will use the Occulus rift once it works out all of it's kinks? Facebook is is heading in the right direction God speed!  Cool
sr. member
Activity: 2422
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December 13, 2019, 07:02:42 AM
#15
Hi

Firstly I would like to say I don't care about one coin from another. All I want is utility. I want to be able to pay someone for services rendered.

THAT'S ALL I CARE ABOUT.. I have no loyalty to any coin.

I don't have a Facebook account. But I'm going to get one because of Libra.

I see a business opportunity with Libra and that's that. Some business opportunity bear fruit some don't. You could say that's my own business which I'm not going to discuss here.

OK.. Why will Libra be a game changer.

Because over night millions of people who have no understanding of coins are suddenly going to. And developers are going swarm to Libra..

AND PEOPLE ARE GOING TO ACTUALLY USE LIBRA.


Let me ask you this, do you actually use a coin? Do you ask for a service and pay for that service or product with any coins. I would bet you don't. Some may. And good on them. But the vast majority here ( bitcointalk ) don't. ( I maybe wrong)

But people are going to use Libra. Its not investment. Its a tool. A stable tool.

That other day I used Iota as a tool. And it worked for me. I asked for a service and received a service. And I payed for that service in Iota.

https://bitcointalksearch.org/topic/m.53286995


I was lucky, I found a person with a skill set and the ability to accept payment in the currency I had. Iota...

Soon millions of people with  the skill set I need will be able and willing to accept payment from me.

Libra may not be a game changer for you. But it is for me.
We have different goals and would like to achieve in our life, if Libra can really help you then you will surely use and support it but for others that cannot gain a positive outcome to it then they will not care a little about Libra coin. That how the community works even in crypto community therefore it is about what can Libra gives to it's customers in order for the customers to use and hold Libra coin.

If they can give a satisfaction to the users then Libra coin will become successful but if Libra cannot give what the people wants then it is useless also especially if other crypto currencies can provide it.
all can determine for themselves what they feel is best, of course with existing criteria such as whether it can provide a positive thing for yourself and many people. Likewise with libra, I agree with you that whether libra really can help will automatically be used by you, but on the contrary there will be rejection if it does not affect you. as long as libra will benefit by itself will be sought and used but if not then by itself will not be useful.
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