If they will launch successfully and will be regulated, I am gonna trust them with my money.
There is no intention to invest from me since this is a stable coin but I will definitely try to use the platform as for sure a lot would try knowing their market influence.
Topic: Would You Trust Libra Coin With Your Money? - page 3. (Read 1182 times)
I wouldn't put any trust in Libra, that's for sure. Look who's behind it - Zuckerberg, the person who gathered our personal info via Facebook, compromised our passwords and injected a specific piece of code into every image downloaded from FB servers. What can you expect from an asset launched by someone like that?
Maybe if for long-term investments that require storing Libra in the wallet is very dangerous "as you mentioned". But for short-trades it seems very profitable, considering the hype on this coin is very big. So just take advantage of this moment as possible.No way! I don't care about the hypothetical profit I could get from it. I'm not using Libra by no means. That's my protest against Zucker and the like who f*ck with our privacy and get off scot-free.
I would trust Libra coin with my money. Because Facebook is trying to get regulatory approval and legal clearances before starting it up. So I am sure my money is not going to go anywhere!
I wouldn't trust Libra coin with my financial privacy. Because Facebook is trying to get regulatory approval and legal clearances before starting it up. So I am sure that my entire financial information with Libra will be shared to the regulatory bodies and enforcement agencies.
I hope you are getting my point!
I wouldn't trust Libra coin with my financial privacy. Because Facebook is trying to get regulatory approval and legal clearances before starting it up. So I am sure that my entire financial information with Libra will be shared to the regulatory bodies and enforcement agencies.
I hope you are getting my point!
Such projects have made fun of cryptocurrency. They are just destroying the principles of satoshi nakamoto. We really don't need such cryptocurrency that are backed by single authority. They jumped into crypto market to get there share. If we think Libra is fine as crypto currency then we don't need bitcoin and other decentralized cryptos.
If ever it gets rolled out, I believe it will make a good profit if you invest in it. But knowing the fact that investing in it will put my data and financial information at risk, then it is a big NO. My privacy is more important than the profit I can make from that coin.
Of course it's impossible for me to entrust the money I have to the Libra Coin. As we know, Mark Zuckerberg's track record is very
bad related privacy issues. Very risky in my opinion if we invest in libra coins, not to mention that it is still problematic with the american
government. I think it's better to invest in another place that is guaranteed the security of our personal data, so it's not need to worry
about privacy issues.
bad related privacy issues. Very risky in my opinion if we invest in libra coins, not to mention that it is still problematic with the american
government. I think it's better to invest in another place that is guaranteed the security of our personal data, so it's not need to worry
about privacy issues.
Certainly, both Mark Zuckerberg and all the companies he runs are always convicted of disclosing security and private information. Although he is very popular in the internet world and owns the world's most used social media applications, these are not enough reasons to trust him. I don't think that a person who sells people's private information and thoughts to other companies will use their money safely. I also think that the Libra project will not comply with the rules of the United States and may have some problems with the state.
Of course it's impossible for me to entrust the money I have to the Libra Coin. As we know, Mark Zuckerberg's track record is very
bad related privacy issues. Very risky in my opinion if we invest in libra coins, not to mention that it is still problematic with the american
government. I think it's better to invest in another place that is guaranteed the security of our personal data, so it's not need to worry
about privacy issues.
bad related privacy issues. Very risky in my opinion if we invest in libra coins, not to mention that it is still problematic with the american
government. I think it's better to invest in another place that is guaranteed the security of our personal data, so it's not need to worry
about privacy issues.
No, I don't trust the Libra project and I'm not thinking of investing. Although this project has received a lot of attention when it was first announced, it has lost its popularity and power, even though it has reached an agreement with very large partner companies. In addition, no new developments have occurred since the project was announced. For this reason, this project unfortunately did not win my trust. Particularly the partnerships that they have lost in succession, the fact that they are constantly postponed and that they face more problems with each passing day are very sufficient reasons not to choose this project. On the other hand, the fact that the project is connected to a central structure makes it repulsive.
I wouldn't put any trust in Libra, that's for sure. Look who's behind it - Zuckerberg, the person who gathered our personal info via Facebook, compromised our passwords and injected a specific piece of code into every image downloaded from FB servers. What can you expect from an asset launched by someone like that?
Maybe if for long-term investments that require storing Libra in the wallet is very dangerous "as you mentioned". But for short-trades it seems very profitable, considering the hype on this coin is very big. So just take advantage of this moment as possible. Trusting Libra aside I am not entirely sure if I would trust the system that would allow libra to exist.
Think about it, this is a USA based company (Facebook) that is creating a new type of currency in the said country yet the country allows them because exactly what? Because, they will get some for free? Because, they have something to look forward for it?
I feel like if Libra is allowed that means SEC or some other people above SEC got some incentives for it in return. No country from USA would ever get my trust if they require governmental help, government only allows if they also get something in return. So, it is not about Libra or Facebook for me, it is about USA government, if it was another nation I may have considered using it for at least test purposes to see how it works.
I absolutely agree with you. The system will inflate and spin up the project to the fullest, primarily for its own interests, so it’s hard to guess what will happen to the libra and all the news like - the European Union has limited the use of the libra coin, it can be regarded as another marketing move.Think about it, this is a USA based company (Facebook) that is creating a new type of currency in the said country yet the country allows them because exactly what? Because, they will get some for free? Because, they have something to look forward for it?
I feel like if Libra is allowed that means SEC or some other people above SEC got some incentives for it in return. No country from USA would ever get my trust if they require governmental help, government only allows if they also get something in return. So, it is not about Libra or Facebook for me, it is about USA government, if it was another nation I may have considered using it for at least test purposes to see how it works.
I wouldn't put any trust in Libra, that's for sure. Look who's behind it - Zuckerberg, the person who gathered our personal info via Facebook, compromised our passwords and injected a specific piece of code into every image downloaded from FB servers. What can you expect from an asset launched by someone like that?
I will not say believe or not on libra coin. because the assessment will be able to be answered when the libra project has started a sales session or their tokens can already be purchased. At the moment I don't assume anything about the Libra project. You need to know the Libra project is surrounded by many large companies and teams of experts in all fields.
yes agree it is still too early to believe or not believe however Libra has been supported by large companies so its likely that everyone will believe ,but time will prove it all maybe conflict might occur someday so I personally think neutral at this time keep waiting and not reckless Should we trust Facebook and buy a coin? Only if they can fulfill the requirements of regulators. Yes, PayPal and other companies left them. But it happened because of a crude project. Let them improve their offer and then it will be possible to evaluate them as a crypto coin.
Facebook wanted to popularize cryptocurrencies, but so far has done more damage to its image and the cryptosphere as a whole. People's trust must be earned wisely. You can learn cryptocurrency and loans even without Facebook. To do this, there is a taklimakan network platform where you immediately communicate with experienced traders and investors and get practical advice on working on the exchange. It would be convenient to receive and send crypto via social networks. But in the form of tokens, it certainly would not go beyond the platform. And Facebook conceived a whole means of payment. I’m more interested in the Telegram Gram coin project
I don't trust Facebook with my real details so I wouldn't trust them with my money either.
Adding to that it's supposed to be a stablecoin it's even less interesting than most of crypotcurrency imo.
So it's a no-no for me.
Adding to that it's supposed to be a stablecoin it's even less interesting than most of crypotcurrency imo.
So it's a no-no for me.
Well every investment has to do with risk taking , so investing in Libra coin will be just like taking another risk in crypto which might pay. so i will invest.
Should we trust Facebook and buy a coin? Only if they can fulfill the requirements of regulators. Yes, PayPal and other companies left them. But it happened because of a crude project. Let them improve their offer and then it will be possible to evaluate them as a crypto coin.
Once I have heard this on the radio, it is when the time it is being hyped by news outlets all over the internet. The jockey explained it quite well and her final words were "Let us give it a chance".
I am not quite sure if she knows what she is talking about but it looks like to me like she is supporting it because of her usage in the Facebook application which also gives her more followers and to reach out for fans.
This is the problem with Libra. Some may be supporting it just because they love Facebook and they are connecting it quite well with it using all means possible in the internet specially facebook. There is hype and there is FUD for other other currencies.
To conclude it all, I just cannot trust it all with them.
They already have your profile if you are signed up with them. What else do you think they can do afterwards?
I am not quite sure if she knows what she is talking about but it looks like to me like she is supporting it because of her usage in the Facebook application which also gives her more followers and to reach out for fans.
This is the problem with Libra. Some may be supporting it just because they love Facebook and they are connecting it quite well with it using all means possible in the internet specially facebook. There is hype and there is FUD for other other currencies.
To conclude it all, I just cannot trust it all with them.
They already have your profile if you are signed up with them. What else do you think they can do afterwards?
100% absolutely because Libra is a project developed by Mark Zuckerberg, the face and creator behind Facebook the worlds largest social media platform. Mark was just a regular Joe who borrowed an idea
originally belonging to the Gemini twins of terror (Winklevoss bros.) and expanded upon it making it as of today a global phenomenon amongst every day social media usage. Facebook has partnerships with Occulus Rift, WhatsApp, and of course last but no least Instagram (for the babes).
originally belonging to the Gemini twins of terror (Winklevoss bros.) and expanded upon it making it as of today a global phenomenon amongst every day social media usage. Facebook has partnerships with Occulus Rift, WhatsApp, and of course last but no least Instagram (for the babes).
If Libra project pursue I'm pretty sure all those who comment that they not put their money on it will eat their pride. Why? Libra will probably be a hype coin and many wanted a hype project and will ride with it during trading. Dont you think it will not pump either once? Especially if the project has backed by conglomerate groups. I dont think so IMO.
I would rather put my money inside a bank with good reputation than to put it into libra coin which it has a lot of on going issue with the government. A successful social media platform company doesn't equal to a good digital currency creator. It is still better to risk my money in investing in bitcoin which it has a huge opportunity in the long run compare to libra coin that is a stable coin that will bring nothing to you after years of holding.
I am a little different, will test several times in the usage offered if it is proven, Facebook has brought many things that have changed the world so far, and of course this time will not be free of controversy. What we expect from everything that happens in crypto is the foundation to build trust and especially its strength in something called a working product. 
of course , elite people will take action to something like that , but i am not stand for libra , i am just saying it's just a normal thing from institute institute in the world.
so what i do ? of course i cleary see libra is not worth for investement.
even i dunno what libra created for ? besides for to facilitate people in their daily lives, i dont see anything special from libra, hodl it ? nope.
so what i do ? of course i cleary see libra is not worth for investement.
even i dunno what libra created for ? besides for to facilitate people in their daily lives, i dont see anything special from libra, hodl it ? nope.
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