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.53286995I 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!