For now I did not expect about libra coming but their one always I heard that have some fake libra also that reported. And Ill read also some negative feedback from the people in here that would be affect from libra, Ill dont know it is true or not, But the important thing is need to wait so that we cannot regret in time.
But as your question maybe I shall not use it, Im going to wait and see if this will have some good features in world of crypto.
Topic: Would you use FB's Libra? - page 3. (Read 2376 times)
To be honest, I won't.
There might be some plans behind it and I know that there will be a lot of people that would still use it, me? I don't think so. Honestly, maybe that is because I would not be earning anything from it the same as other cryptocurrencies. I am used to volatile and decentralized assets so I guess I would stick to that and not to Libra.
I agree with that. I also preferred the cryptocurrencies that are volatile and decentralized because that is where the opportunity is. Libra as a cryptocurrency is not really a cryptocurrency because it is just like a digital dollar and you cannot get anything from having that.There might be some plans behind it and I know that there will be a lot of people that would still use it, me? I don't think so. Honestly, maybe that is because I would not be earning anything from it the same as other cryptocurrencies. I am used to volatile and decentralized assets so I guess I would stick to that and not to Libra.
It is better to just risk your money into the real ones like bitcoin where you can make at least 10% return in just a month.
To be honest, I won't.
There might be some plans behind it and I know that there will be a lot of people that would still use it, me? I don't think so. Honestly, maybe that is because I would not be earning anything from it the same as other cryptocurrencies. I am used to volatile and decentralized assets so I guess I would stick to that and not to Libra.
I agree with that. I also preferred the cryptocurrencies that are volatile and decentralized because that is where the opportunity is. Libra as a cryptocurrency is not really a cryptocurrency because it is just like a digital dollar and you cannot get anything from having that. It is better to just risk your money into the real ones like bitcoin where you can make at least 10% return in just a month.There might be some plans behind it and I know that there will be a lot of people that would still use it, me? I don't think so. Honestly, maybe that is because I would not be earning anything from it the same as other cryptocurrencies. I am used to volatile and decentralized assets so I guess I would stick to that and not to Libra.
You have no idea how stable or unstable libra is going to be without it actually trading. I dont care if they peg it to something you still cant make that assumption. I would assume it will eventually fizzle amongst the traditional crypto "people" but maybe the mainstream normies end up using it. Blah either way nope no thanks
To be honest, I won't.
There might be some plans behind it and I know that there will be a lot of people that would still use it, me? I don't think so. Honestly, maybe that is because I would not be earning anything from it the same as other cryptocurrencies. I am used to volatile and decentralized assets so I guess I would stick to that and not to Libra.
I agree with that. I also preferred the cryptocurrencies that are volatile and decentralized because that is where the opportunity is. Libra as a cryptocurrency is not really a cryptocurrency because it is just like a digital dollar and you cannot get anything from having that. It is better to just risk your money into the real ones like bitcoin where you can make at least 10% return in just a month.There might be some plans behind it and I know that there will be a lot of people that would still use it, me? I don't think so. Honestly, maybe that is because I would not be earning anything from it the same as other cryptocurrencies. I am used to volatile and decentralized assets so I guess I would stick to that and not to Libra.
To be honest, I won't.
There might be some plans behind it and I know that there will be a lot of people that would still use it, me? I don't think so. Honestly, maybe that is because I would not be earning anything from it the same as other cryptocurrencies. I am used to volatile and decentralized assets so I guess I would stick to that and not to Libra.
There might be some plans behind it and I know that there will be a lot of people that would still use it, me? I don't think so. Honestly, maybe that is because I would not be earning anything from it the same as other cryptocurrencies. I am used to volatile and decentralized assets so I guess I would stick to that and not to Libra.
You can't compare a stablecoin such as Libra to decentralized cryptocurrencies such as Bitcoin and Ethereum. Stablecoins are purely created for the purpose of making payments and trading. On the other hand, cryptocurrencies such as Bitcoin and Ethereum are more being used as speculative investment assets. Libra is obviously not suitable for making investments.
To be honest, I won't.
There might be some plans behind it and I know that there will be a lot of people that would still use it, me? I don't think so. Honestly, maybe that is because I would not be earning anything from it the same as other cryptocurrencies. I am used to volatile and decentralized assets so I guess I would stick to that and not to Libra.
I agree with that. I also preferred the cryptocurrencies that are volatile and decentralized because that is where the opportunity is. Libra as a cryptocurrency is not really a cryptocurrency because it is just like a digital dollar and you cannot get anything from having that. It is better to just risk your money into the real ones like bitcoin where you can make at least 10% return in just a month.There might be some plans behind it and I know that there will be a lot of people that would still use it, me? I don't think so. Honestly, maybe that is because I would not be earning anything from it the same as other cryptocurrencies. I am used to volatile and decentralized assets so I guess I would stick to that and not to Libra.
To be honest, I won't.
There might be some plans behind it and I know that there will be a lot of people that would still use it, me? I don't think so. Honestly, maybe that is because I would not be earning anything from it the same as other cryptocurrencies. I am used to volatile and decentralized assets so I guess I would stick to that and not to Libra.
I agree with that. I also preferred the cryptocurrencies that are volatile and decentralized because that is where the opportunity is. Libra as a cryptocurrency is not really a cryptocurrency because it is just like a digital dollar and you cannot get anything from having that. It is better to just risk your money into the real ones like bitcoin where you can make at least 10% return in just a month. There might be some plans behind it and I know that there will be a lot of people that would still use it, me? I don't think so. Honestly, maybe that is because I would not be earning anything from it the same as other cryptocurrencies. I am used to volatile and decentralized assets so I guess I would stick to that and not to Libra.
To be honest, I won't.
There might be some plans behind it and I know that there will be a lot of people that would still use it, me? I don't think so. Honestly, maybe that is because I would not be earning anything from it the same as other cryptocurrencies. I am used to volatile and decentralized assets so I guess I would stick to that and not to Libra.
There might be some plans behind it and I know that there will be a lot of people that would still use it, me? I don't think so. Honestly, maybe that is because I would not be earning anything from it the same as other cryptocurrencies. I am used to volatile and decentralized assets so I guess I would stick to that and not to Libra.
Big noise around Facebook Libra, but I really don't know what we can use Libra for? I don't know where to buy it, is it possible to earn Libra? Many people talk about Libra like it's some big deal for all of us, but nobody knows anything about it. Facebook is a company that works for profit and unlike some crypto services that share profit with users, Facebook keeps all for company.
We can never really tell at this point.
We haven't seen the full working project as of today, everything is based on the surface so we don't know if people around the world are going to actually used it. So it is still 50/50, and we all know that Facebook doesn't have a good track record as far as data privacy is, remember the Cambridge Analytica debacle?
So its early, we need the product to roll out first and see if there is a demand for it or if people around the globe will actually see, another drawback is that it could be a honey pot for surveillance specially those three letters agencies, if you know what I mean.
We haven't seen the full working project as of today, everything is based on the surface so we don't know if people around the world are going to actually used it. So it is still 50/50, and we all know that Facebook doesn't have a good track record as far as data privacy is, remember the Cambridge Analytica debacle?
So its early, we need the product to roll out first and see if there is a demand for it or if people around the globe will actually see, another drawback is that it could be a honey pot for surveillance specially those three letters agencies, if you know what I mean.
Here’s something for reference, if not Libra specifically, any payment service provided by Facebook can probably provide the same level of convenience as Apple Pay, if not more. Apple has faced privacy related scandal with Siri as well although probably not as severe as Cambridge analytics.
Apple Pay in Feb has 43% adoption from iPhone users all over, up from 20% September 2018, now I would assume is higher.
Another example is WeChat, with dominance in people’s lives the extra convenience provided is almost guaranteed to be embraced.
I think us in the crypto community and some other folks out there are more concerned about privacy, but the general public almost always chooses convenience over privacy, if proven to be useful with a great UX.
My belief is Libra is coming out one way or another, may or may not continue to use the Libra name, Facebook themselves has definitely predicted this pressure from the government, and they always already have a plan B (and C and D and E) somewhere that we don’t know about, but it’s coming out, and it’s getting adoption.
Nope wont use, anything Zuckerberg's name is tied to. Security mmm probably not, anonymity mmmm definately not. If you think they track what people buy now wait til the dude has his own money to toy with. Seems rediculous in the grand scheme if things, but probably will be successful *face palm
I think because libra is a stable coin with a price of $ 1, it cannot be used for trading. Then I include people which is not active
on facebook, then there is no reason for me to use libra coin. In my opinion libra will be very useful for Facebook ads users, they
will be easy to make payments if using libra coin. So libra will be better if used as a digital currency, because the price is stable.
The price of Libra still not yet revealed though I think it will not become exactly $1 because it's backed up by various assets and the price to dollar may vary aswell and changes everytime and to make it as a payment method for Facebook ads makes sense but to be honest it will add a lot unnecessary complication that shouldn't actually be there in the first place.on facebook, then there is no reason for me to use libra coin. In my opinion libra will be very useful for Facebook ads users, they
will be easy to make payments if using libra coin. So libra will be better if used as a digital currency, because the price is stable.
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I think because libra is a stable coin with a price of $ 1, it cannot be used for trading. Then I include people which is not active
on facebook, then there is no reason for me to use libra coin. In my opinion libra will be very useful for Facebook ads users, they
will be easy to make payments if using libra coin. So libra will be better if used as a digital currency, because the price is stable.
The price of Libra still not yet revealed though I think it will not become exactly $1 because it's backed up by various assets and the price to dollar may vary aswell and changes everytime and to make it as a payment method for Facebook ads makes sense but to be honest it will add a lot unnecessary complication that shouldn't actually be there in the first place. on facebook, then there is no reason for me to use libra coin. In my opinion libra will be very useful for Facebook ads users, they
will be easy to make payments if using libra coin. So libra will be better if used as a digital currency, because the price is stable.
If they are creating their won coin for their payment system for facebook then it means that they will not accept other coins or payment processors for facebook. Or if they will accept other payment processors or bank cards then it will mean that they will choose other payment processors and banks for fiat users and their Libra for crypto users.
I don't think that as per the existing laws, it is possible. They can't force the users to accept one particular mode of payment. That goes against the anti-monopoly regulations. They have to make other options available, else the users can take them to the court. On top of that, Facebook has long term partnerships with many of the payment processors such as PayPal and Visa. So even if Libra comes online (which looks very unlikely as of now), they won't be able to remove the other options.
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stable coin with a price of $ 1, it cannot be used for trading.
Its not fixed to a ratio of Dollar, that would be paypal then really. Apparently its going to be backed by a basket of currencies and I presume that means it would reflect its global user base not just US dollar. Maybe they hope to facilitate trade by allowing a more equal quotable price in different nations. Its got quite a few countries upset somehow even though you could already do this to some extent yourself. Theres a wider effect to anything Facebook proposes when its got a billion people who might use that new unit of currency their might become as powerful as many banks though not a central bank unless somehow they are to print units themselves in a floating ratio to their stated basket. Hard to say how it might work out exactly until it happens if its ever allowed to, we dont have capitalism any more so they may not receive a licence to process currency I guess.
I'd use it if its convenient, simple conclusion if its got a purpose. Dont think I'd be using it for anything big but who cares if they know what I buy anyway.
I think because libra is a stable coin with a price of $ 1, it cannot be used for trading. Then I include people which is not active
on facebook, then there is no reason for me to use libra coin. In my opinion libra will be very useful for Facebook ads users, they
will be easy to make payments if using libra coin. So libra will be better if used as a digital currency, because the price is stable.
looks flat at first, but will develop into something more interesting.on facebook, then there is no reason for me to use libra coin. In my opinion libra will be very useful for Facebook ads users, they
will be easy to make payments if using libra coin. So libra will be better if used as a digital currency, because the price is stable.
if finally in one of the premium fb ads it says "buy bitcoin with libra through an exchange in your country" then obviously libra will be traded and its function will indirectly be the same as usdt, I think Mark also does not want to waste this opportunity. I only question how their circulation can develop freely in certain countries, let alone related to payments, this will damage the principles that exist in banks because they have been represented by libra.
We all know that Facebook will release a new coin that we called Libra, and they want to create this for improving the community of the cryptocurrency this project will release in 2020. Many people now are trying to support the use of libra, but still, it depends on the market price because people want to have a profitable coin than another altcoin.
I think because libra is a stable coin with a price of $ 1, it cannot be used for trading. Then I include people which is not active
on facebook, then there is no reason for me to use libra coin. In my opinion libra will be very useful for Facebook ads users, they
will be easy to make payments if using libra coin. So libra will be better if used as a digital currency, because the price is stable.
looks flat at first, but will develop into something more interesting.on facebook, then there is no reason for me to use libra coin. In my opinion libra will be very useful for Facebook ads users, they
will be easy to make payments if using libra coin. So libra will be better if used as a digital currency, because the price is stable.
if finally in one of the premium fb ads it says "buy bitcoin with libra through an exchange in your country" then obviously libra will be traded and its function will indirectly be the same as usdt, I think Mark also does not want to waste this opportunity. I only question how their circulation can develop freely in certain countries, let alone related to payments, this will damage the principles that exist in banks because they have been represented by libra.
I think because libra is a stable coin with a price of $ 1, it cannot be used for trading. Then I include people which is not active
on facebook, then there is no reason for me to use libra coin. In my opinion libra will be very useful for Facebook ads users, they
will be easy to make payments if using libra coin. So libra will be better if used as a digital currency, because the price is stable.
on facebook, then there is no reason for me to use libra coin. In my opinion libra will be very useful for Facebook ads users, they
will be easy to make payments if using libra coin. So libra will be better if used as a digital currency, because the price is stable.
Like the games that we play on Facebook will start accepting payments in Libra and all the other money dealings will be actually carried out with the help of Facebook’s very own digital currency. The bill will be passed. The coin is highly centralized and utilizing it does not make sense at all. Anyone who loves his freedom and privacy, will invest in bitcoin or ethereum. But this kind is again a rare one.
Even if they accept Libra, they will be accepting the other payment modes as well (such as PayPal, Visa, Master.etc). So my question is how they will make the users prefer Libra over the other options? Libra is a new payment method and at least initially the vast majority of the users may not be comfortable in using it. So unless they give some good promotional offers, no one is going to use Libra.
With more news rolling out related to libra common people who haven't known anything about libra and other cryptocurrencies too have begun to explore and know better about it. Mark has planned to use it without any issues, for this each and every user will experience the convenience and usage as it gets ease of accessibility.
On that aspect I need to agree with you. There was a lot of hype surrounding Libra in the mainstream media channels and the decentralized cryptocurrencies such as Bitcoin and Ethereum benefited immensely from this hype. My worry is that if Zuckerberg suddenly announces that he's dumping the Libra project, then it can have a negative impact on the exchange rate of BTC and ETH.
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