Yes of course it would be easy for Libra because in backup by Facebook, in different with the project that has no backups of course people will doubt it apart from the Roadmap team and many more.
Whereas Libra, I think almost everyone around the world knows Facebook, so what makes you think people doubt it.
Topic: Would you use FB's Libra? - page 5. (Read 2376 times)
With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.
Would the people actually use Libra should it be approved by the congress?
Would the people actually use Libra should it be approved by the congress?
They have a Midas Touch, it seems anything they touch will turn to gold, they have a long plan and preparation for it, so they will not launch something that will look useless in the eyes of the people, we will never see the potential of one project if it's not yet promoted, once it is approved and they have the go signal, they will go full blast in promoting and launching a lot of products for their coin.
With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.
Would the people actually use Libra should it be approved by the congress?
With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.
Would the people actually use Libra should it be approved by the congress?
There's really so many controversy, that there's a possibility that it's not going to launch, the momentum is down, slim chance to launch, but if ever it get launch, we cannot say that it will not be embrace, we cannot say in finality that we will not use it, it's Facebook Coin, they have so many products and services attach to that coin, and if you are active online and running a business, chances are you will encounter Libra coin, and there could be a time that your only option to use.
I would use Facebook coin Libra when have active for buying, but I am looking whit how interested by other investor with Libra coin, they like or not with Libra coin for investing. I think many people like for investing with Libra coin because have profitable and take much profit later, other side Libra coin have many participants before look interested and want to invest with bitcoin and altcoin.
People will definitely enjoy using Libra. IT infrastructure of Facebook Corporation is huge, the company owns a number of popular Internet services, in addition to the eponymous social network. I am sure that it will be very profitable to use Libra coins. The company will most likely offer excellent conditions, bonuses and discounts for Libra users.
I don't think I will use Libra coin in the future if it is issued. because facebook is free and only people who need ads pay for them. means that I don't need to use my libra and it has no effect in my work. so I still use USDT to trade.
I'd personally be using Libra a lot, especially since I work with Western Union and Transferwise a lot with people who aren't very into cryptos, which would be a perfect use case for Libra.
In my opinion, the actions of Facebook were initially stupid since they announced the initially problematic project, because not only many governments of different states, but also many cryptocurrency users do not approve such a project as Libra too much. In any case, I had no particular desire to use Libra and therefore was not too upset that this project would not be launched.
The biggest thing that revolted me was that Facebook will have all the personal data of users and their data on financial transactions.
That was their goal, Facebook probably has the biggest collection of personal information among private institutions, but we know that the business of Facebook and many other similar companies is to monetize your information, and what can be better than to know in what you are spending your money, and the best way to know that is to create a centralized cryptocurrency of which they have complete control but now that governments have basically refused to support the idea Facebook will have to find another way to do it. The biggest thing that revolted me was that Facebook will have all the personal data of users and their data on financial transactions.
To answer the question of whether we will use the stable Libra coin, you first need to wait for this coin to appear, see under what conditions it will be issued, who will support it and which states will prohibit its circulation on its territory, what its functional capabilities will be . Indeed, recently many financial partners have left this project, Zuckerberg even said at a meeting of the US Congress that Libra will not have anything to do with Facebook, and this greatly changes the original plans for this coin and its significance. One thing is clear: if Libra is released, as I now doubt very much, it will already be a completely different coin than planned and it will no longer have a significant effect.
Let's wait before we finally have a decision not to use it, for sure a lot of people are excited to use this, but we should be always reminded that it is not like Bitcoin who can pump and dump anytime, it's stable coin and it will be a big hit for mass adoption and that is for sure, whether we like it or not it is important that we should support them so that it can create awareness to all people.
Since there are many bussiness activities on facebook, I think people will prefer like to use libra because it can make transaction easier and faster. Facebook user face an obstacle in payment process so it seems that libra will solve this problem.
The question is why they should prefer Libra over Paypal or Visa. The fee charged by PayPal is very low and it is very easy to link the bank accounts with a PP account. On the other hand, Libra is a new idea (although stolen from Bitcoin), and at least initially it may be a bit difficult to use (for those who have no prior experience with cryptocurrencies such as Bitcoin and Ethereum).
The main advantage of Facebook Libra is its reach. Millions have a facebook account and even 20% will actively use this cryptocurrency from facebook, its a huge impact cannot be undermined. Adoption is real with facebook Libra and many will try even on the small transactions.
Since there are many bussiness activities on facebook, I think people will prefer like to use libra because it can make transaction easier and faster. Facebook user face an obstacle in payment process so it seems that libra will solve this problem.
The question is why they should prefer Libra over Paypal or Visa. The fee charged by PayPal is very low and it is very easy to link the bank accounts with a PP account. On the other hand, Libra is a new idea (although stolen from Bitcoin), and at least initially it may be a bit difficult to use (for those who have no prior experience with cryptocurrencies such as Bitcoin and Ethereum).
I'd probably use FB's libra when it's gonna be released because I'm like using Facebook a lot and it's one of the most social media sites that I've been used for a long time ago. I hope that libra will gain a good value once, it will be released, I think it will be a good crypto because we all know that Facebook is used a lot by many people around the world and the project seems so good to be honest.
Even though FB's Libra will be released, people will not trust it because there is a lot of issue around it. In my opinion, it is better to use other financial services online rather than trapping yourself into an ecosystem which have a lot of issue from the government. Use decentralized cryptocurrencies or other services like paypal if you don't like to use cryptocurrency for transactions.
Since there are many bussiness activities on facebook, I think people will prefer like to use libra because it can make transaction easier and faster. Facebook user face an obstacle in payment process so it seems that libra will solve this problem.
I'd probably use FB's libra when it's gonna be released because I'm like using Facebook a lot and it's one of the most social media sites that I've been used for a long time ago. I hope that libra will gain a good value once, it will be released, I think it will be a good crypto because we all know that Facebook is used a lot by many people around the world and the project seems so good to be honest.
With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.
Would the people actually use Libra should it be approved by the congress?
People also are worried about Libra because they think that the privacy on facebook is not much secured. It is also considered as a centralized coin and the crypto community want to adopt only decentralized currency.
Libra is most likely to be postponed, if not cancelled altogether. On top of the concerns raised by the American senators, now the market sentiment is also looking very negative, with Bitcoin losing close to 20% of its value during the last 3-4 days. For now it looks like the bulls are in full retreat and it won't be an intelligent move from the Libra promoters to list their coins anytime soon.
With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.
Would the people actually use Libra should it be approved by the congress?
but in my opinion, if Libra is really transparent and can disclose their transactions to the government, I will accept and support them.
To answer the question of whether we will use the stable Libra coin, you first need to wait for this coin to appear, see under what conditions it will be issued, who will support it and which states will prohibit its circulation on its territory, what its functional capabilities will be . Indeed, recently many financial partners have left this project, Zuckerberg even said at a meeting of the US Congress that Libra will not have anything to do with Facebook, and this greatly changes the original plans for this coin and its significance. One thing is clear: if Libra is released, as I now doubt very much, it will already be a completely different coin than planned and it will no longer have a significant effect.
Let's wait before we finally have a decision not to use it, for sure a lot of people are excited to use this, but we should be always reminded that it is not like Bitcoin who can pump and dump anytime, it's stable coin and it will be a big hit for mass adoption and that is for sure, whether we like it or not it is important that we should support them so that it can create awareness to all people.
We cant conclude yet on things that we would gonna do ahead.This is indeed a stable coin which would be used into their platform and possibly it would be used outside
to extent out the scope of usefulness of this coin.This might be the reason why government trying to block it out due to that possible reason.
To answer the question of whether we will use the stable Libra coin, you first need to wait for this coin to appear, see under what conditions it will be issued, who will support it and which states will prohibit its circulation on its territory, what its functional capabilities will be . Indeed, recently many financial partners have left this project, Zuckerberg even said at a meeting of the US Congress that Libra will not have anything to do with Facebook, and this greatly changes the original plans for this coin and its significance. One thing is clear: if Libra is released, as I now doubt very much, it will already be a completely different coin than planned and it will no longer have a significant effect.
Let's wait before we finally have a decision not to use it, for sure a lot of people are excited to use this, but we should be always reminded that it is not like Bitcoin who can pump and dump anytime, it's stable coin and it will be a big hit for mass adoption and that is for sure, whether we like it or not it is important that we should support them so that it can create awareness to all people.
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