Your thoughts on Facebook's GlobalCoin

hulla

hero member

Activity: 1834

Merit: 566

Quote from: ?? on ??

This news has long been heard among us as crypto users but previously facebook gave the name libra and in recent weeks replaced the name to global coin, but at the moment we do not know why they replace the name of the coin

The reason why the name of the facebook coin was changed is because of the oppression from the government that sees the coin as a challenge to the national digital currency they are planning to create. Besides, go and check the companies behind the project youll see that facebook is not included anymore while Stuart Levey is currently the CEO and the project name is now Diem.

Quote from: ?? on ??

that we certainly hope global coins can rival the top of cryoto rankings especially bitcoin which is currently still in the top ranking.

Bitcoin will never have a rival in the cryptocurrency market cause it was the pacesetter, the only liberation coin created for the community, it was the coin that open the eyes of the world to a new possibilities and it was the only coin thats unbreakable by the government because it got it strength from a genuine enthusiast with different skin color but the same passion unlike Libra which was created by a group of board directors

best123

jr. member

Activity: 644

Merit: 1

https://blockmembers.io/

The altcoin would have been the bomb but since it is a stable coin, it can only go viral but price wise, it will remain like other stable coins.
I should have hodl the coin, if, it was not a stable coin. The fuse about the coin is based on the owners popularity.

Benefactor

hero member

Activity: 1260

Merit: 504

I trust this is the start of crypto being all the more generally known and the public authority will encourage crypto advancement. Transformation is one of need in cryptoworld to see some immense siphon up, blockchain innovation is being famous due to its great effect and supportive to individuals and its business.

maldini

sr. member

Activity: 952

Merit: 308

I figure it will have an awesome effect available when opening a pattern for the world's driving organizations to enter the crypto market. I can't see the capacity of globalcoin at the present time, I am as yet ignorant regarding it yet on the off chance that there's an accessible assets to find out about Globalcoin go read it and study globalcoin, Facebook is a decent social stage so these future coin can likewise be acceptable.

Lrshohag

jr. member

Activity: 319

Merit: 1

When I hear this news I was feel very happy. Facebook is a world leading social media. If they maake a cryptocoin and enter into cryptocurrency, I think it will be the greatest development of cryptocurrency.

Freescan

jr. member

Activity: 397

Merit: 1

I heard a little if I'm not mistaken the Facebook company changed the name of the coin to diemcoin. I briefly read this news there is a member who posts and informs the latest news about this, and in this forum too. but I forgot the thread.

Natalim

hero member

Activity: 3094

Merit: 606

BTC to the MOON in 2019

Quote from: ?? on ??

This news has long been heard among us as crypto users but previously facebook gave the name libra and in recent weeks replaced the name to global coin, but at the moment we do not know why they replace the name of the coin that we certainly hope global coins can rival the top of cryoto rankings especially bitcoin which is currently still in the top ranking.

They maybe change the name but not the purpose, and to think that it will become a rival to bitcoin, that is wrong because bitcoin is decentralized while global coin is centralized operated by facebook, and nothing else.

labenea

jr. member

Activity: 327

Merit: 1

The Standard Protocol - Solving Inflation

as we know that Facebook have billion member around to the world and many country still using Facebook as main social media for interaction or using for business, by launching Facebook coin I think is easy how to get many investor because Facebook have billion people joining Facebook social media platform and get faster for investor.

illnino

full member

Activity: 756

Merit: 100

Quote from: fadhilz123 on November 06, 2020, 05:01:50 PM

Quote from: angrybird3591 on May 26, 2019, 08:54:55 AM

With such a large number of users, I think fb will soon thrive and have a top 20 position on cmc. If fb releases the coin, the crypto market will be more interesting

You are wrong, are you know about Libra facebook coin?? Many people enthusiastic about this coin before launched but now it's so bad. I try to search it in coingecko and coinmarketcap and Libra coin is no trading activity even though the project from Facebook. So my personal opinion Facebook will not give any impact or maybe only a little impact on the crypto market

Several days ago Facebook guys announced that they will stop developing a single digital currency as part of the Libra project. Instead, several stablecoins will be issued, the rate of which will be pegged to various national currencies, Euro and dollar, for instance.

Antlia Protocol

newbie

Activity: 41

Merit: 0

Quote from: Kezacky on November 09, 2020, 10:11:32 AM

If I'm not mistaken, 2019 was shocked by the arrival of the Facebook project (coin LYBRA) but after rumors circulated that there were still many parties who did not approve of the launch of this Facebook-owned project. Even now, I don't see any positive news about Facebook coins anymore.

I believe LYBRA is the least of facebook's priority right now. During 2020 with the pandemic and US elections its highly unlikely they would make any progress in this project. However, I do realize the potential and the huge opportunity it would bring. Rather it will be set to disrupt the cryptocurrency network.

Kezacky

member

Activity: 746

Merit: 10

https://axiomapay.com/

If I'm not mistaken, 2019 was shocked by the arrival of the Facebook project (coin LYBRA) but after rumors circulated that there were still many parties who did not approve of the launch of this Facebook-owned project. Even now, I don't see any positive news about Facebook coins anymore.

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

Quote from: lienfaye on November 06, 2020, 05:19:17 PM

Quote from: fadhilz123 on November 06, 2020, 05:01:50 PM

Quote from: angrybird3591 on May 26, 2019, 08:54:55 AM

With such a large number of users, I think fb will soon thrive and have a top 20 position on cmc. If fb releases the coin, the crypto market will be more interesting

You are wrong, are you know about Libra facebook coin?? Many people enthusiastic about this coin before launched but now it's so bad. I try to search it in coingecko and coinmarketcap and Libra coin is no trading activity even though the project from Facebook. So my personal opinion Facebook will not give any impact or maybe only a little impact on the crypto market

It will only create a temporary hype but in the end its just like other coin that has no progress and lack of investors.

We thought its a big thing because the developer is facebook. Well I guess we need to wait longer to see if this can progress positively in the market.

The main reason why it did not attract investors is because of the regulatory requirement facebook has to comply first which is not an easy one. It somehow help the market anyway as during that time the market was really struggling, then came the Facebook's GlobalCoin and hype the market.

Here’s why regulators are so worried about Facebook’s digital currency

lienfaye

hero member

Activity: 3010

Merit: 629

Quote from: fadhilz123 on November 06, 2020, 05:01:50 PM

Quote from: angrybird3591 on May 26, 2019, 08:54:55 AM

With such a large number of users, I think fb will soon thrive and have a top 20 position on cmc. If fb releases the coin, the crypto market will be more interesting

You are wrong, are you know about Libra facebook coin?? Many people enthusiastic about this coin before launched but now it's so bad. I try to search it in coingecko and coinmarketcap and Libra coin is no trading activity even though the project from Facebook. So my personal opinion Facebook will not give any impact or maybe only a little impact on the crypto market

It will only create a temporary hype but in the end its just like other coin that has no progress and lack of investors.

We thought its a big thing because the developer is facebook. Well I guess we need to wait longer to see if this can progress positively in the market.

fadhilz123

sr. member

Activity: 1288

Merit: 253

casinosblockchain.io

Quote from: angrybird3591 on May 26, 2019, 08:54:55 AM

With such a large number of users, I think fb will soon thrive and have a top 20 position on cmc. If fb releases the coin, the crypto market will be more interesting

You are wrong, are you know about Libra facebook coin?? Many people enthusiastic about this coin before launched but now it's so bad. I try to search it in coingecko and coinmarketcap and Libra coin is no trading activity even though the project from Facebook. So my personal opinion Facebook will not give any impact or maybe only a little impact on the crypto market

icekohl

full member

Activity: 339

Merit: 100

Faceboook has billions of users around the world, so being able to issue their own currency can be a huge concern for the government and other banks. It will have a huge impact on the crypto market.

olabiyijummy02

member

Activity: 239

Merit: 17

first time hearing facebook will cause advanced money I to feel cheerful. since by joining Facebook in digital money will make the crypto market greater. Numerous huge organizations, for example, MasterCard, Visa and Paypal are remembered for Libra Associations. a foundation that will control libra and backing libra. however, of late I heard the news that a portion of the enormous organizations (mastercard and visa) chose not to help libra. I was amazed what truly occurred with Libra

hrunya102

member

Activity: 546

Merit: 11

It would be cool if Facebook launched its token before the end of the year and somehow integrated with defi, Oh, what a fire would ignite in the crypto.

CuriousGeorge

sr. member

Activity: 1498

Merit: 251

KUWA.ai

Quote from: Crypto_lion on August 12, 2020, 02:32:44 AM

Giving our financial control to a big corporate should be the last thing we should do. The whole point of Bitcoin is decentralized finance and handing it over to a corporate or a group of corporate is against the very basic.

You should not feel worry about this as facebook itself has already stated to terminate the calibra project and i think there will be no facebook coin will be coming very soon. You should watch the latest news about that.

Crypto_lion

member

Activity: 630

Merit: 11

NEW MEDICINE:Faster, Safer, Smarter

Giving our financial control to a big corporate should be the last thing we should do. The whole point of Bitcoin is decentralized finance and handing it over to a corporate or a group of corporate is against the very basic.

giammangiato

legendary

Activity: 1862

Merit: 1327

I believe in Facebook global coin because it will help the mass adoption! This is very important in the crypto-world, more users know about crypto and their use and more this feature will grow good

Topic: Your thoughts on Facebook's GlobalCoin (Read 3548 times)