Your thoughts on Facebook's GlobalCoin - page 2.

mezzaluna

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Quote from: 21GlobalCoin on May 25, 2019, 10:13:48 AM

GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?

Share your first impression!

There are still no updates regarding this Cryptocurrency and we can guess it is because of the worldwide Pandemic which is currently occurring. Another thing was when searching for "FACEBOOK CRYPTOCURRENCY", another Cryptocurrency was showed and it was LIBRA. Maybe we can see further developments on these Cryptocurrencies once the world is back to normal or at least most countries have controlled their Corona Virus outbreak.

It would also be a big step for Facebook to plunge into the Cryptocurrency Industry since it will be one of the Social Media Networks that is so famous that would use Cryptocurrencies.

mich

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Facebook Goes All-In on Fintech With Launch of New Product Group

“We have a lot of commerce stuff going on across Facebook. It felt like it was the right thing to do to rationalize the strategy at a company level around all things payments.”

https://cointelegraph.com/news/facebook-goes-all-in-on-fintech-with-launch-of-new-subsidiary

funex

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This will be good news to the cryptoworld in my opinion , this is because we have alot of people who are on facebook but do not have any knowledge about cryptocurrencies . so if the Globalcoin of facebook becomes a reality it will surely boost crypto adoption.

anhhung409

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Facebook has what the government doesn't have. Everybody. From every country. From anywhere in the world. But there's no definite date yet for their debut, only rumors until 2020 are their launch days. Certainly many investors will be attracted to this currency and most certainly Facebook users.

landoffaucets

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They are creating another source of income. Did Satoshi Nakamoto created Bitcoin for profit? No! So why would you use something what is created only for profit, instead of truly decentralized solution?

Vohoanghiep

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Facebook is very famous in the world of social media so I think altcoins will be welcomed by the cryptocurrency community and that is a very good thing.It may help people to use facebook better, or maybe This coin can be used to buy something in Facebook. But if anyone thinks that Facebook Coin will beat Bitcoin then I will reply that it will never happen and that Facebook Coin will not be real. show up.

mich

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Libra Association Appoints Former FinCEN Head as General Counsel

On May 19, the Libra Association, the organization behind Facebook’s Libra stablecoin project, announced the appointment of Robert Werner as its general counsel, in what seems to be a continuing strategy to reconcile with regulators.

https://cointelegraph.com/news/libra-association-appoints-former-fincen-head-as-general-counsel

mich

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Facebook's Calibra Team Introduces A Novel Distributed Audit Protocol

Facebook’s Calibra team introduces a new protocol for distributed auditing of assets that could have saved Mt. Gox.

https://cointelegraph.com/news/facebooks-calibra-team-introduces-a-novel-distributed-audit-protocol

Adya

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i believe that neither facebook nor telegram will not be allowed to make their own blockchain project with their tokens by sec. american government want to have shares everywhere and want to control everything.

CrownMade423

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It is not yet known exactly when Facebook will bring global coins to the market. I think,The Libra Coin because of Facebook users come from various countries and this could be the opening act of global adoption in cryptocurrency they will also invite large investors to trade on the cryptocurrency market. Question when they can bring it .

Python Master

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I guess that Facebook couldn't launch Libra coin in this year. There are too much troubles with regulators, Facebook does not have solutions for them yet. I support Libra coin and hope that it will be launched soon. Facebook has great based users with more than 2 billions people, Libra will be used in FB advertising and FB ad breaks. It's the best start for a new cryptocurrency.

mich

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British Payment Firm Checkout.com Joins the Libra Association

British payment startup Checkout.com has joined the Libra Association, becoming the 24th member engaged with the mission of building a better global payment network, Libra tweeted on April 28.

https://cointelegraph.com/news/british-payment-firm-checkoutcom-joins-the-libra-association

OneLifeKiller070

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I have heard through in many media that Facebook is going to connect a cryptocurrency blockchain called Libra. I believe that Facebook will be successful through Libra.

Bitcoinislife09

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Quote from: 21GlobalCoin on May 26, 2019, 06:08:01 AM

Quote from: Callanta787 on May 25, 2019, 11:11:32 AM

It will surely have good impact on crypto market in general but some are saying it will outrival bitcoin which is very hard to believe for me ,globalcoin will do fine no doubt but can't rival bitcoin

It cannot rival Bitcoin, I agree with that, I share the same perspective.

However, what makes you think that it will have a good impact on the crypto market in general? Because it inevitably raises awareness for cryptotechnology & DeFi?

I guess Facebook will not stop until make a successful run in cryptocurrency comparing to failed libra, maybe it might be different but for some people altcoins or create a new one is already dead.

The news about new Facebook's Globalcoin is flashed on nationall television and it is said to be issued this 2020. I think this would be a good impact in the world of cryptocurrency. Many people would be more aware about the cryptocurrency and many may have the priviledge to gain and earn so much money using cryptocurrencies. With the pandemic that we are experiencing right now this could be better and can help the economy of thr nations that is subsiding right now. It can also help the stock market to somehow increase again.

mich

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Facebook’s Calibra Has 50 New Jobs in the Pipeline for Its Dublin-Based Team

Facebook’s Calibra is looking to create 50 new roles for its workforce in Ireland, as the firm seemingly bucks the trend of private-sector layoffs during the coronavirus crisis.

https://cointelegraph.com/news/facebooks-calibra-has-50-new-jobs-in-the-pipeline-for-its-dublin-based-team

mich

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Facebook's Libra cryptocurrency gets revamp in response to backlash

Facebook’s planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory approval.

https://www.reuters.com/article/us-facebook-cryptocurrency/facebooks-libra-cryptocurrency-gets-revamp-in-response-to-backlash-idUSKCN21Y277

mich

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Libra Wanted a Currency, All We Need Are DeFi’s Open Payment Rails

FACEBOOK WAS TRYING TO...REBUILD THE ACTUAL DOLLAR IN A REGULATED, CONTROLLED ENVIRONMENT. INSTEAD, IT SHOULD BE REBUILDING THE PAYMENT RAILS.

https://www.coindesk.com/libra-facebook-a-defi-all-we-decentralized-finance-defi-payment-rails

Tylev

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Quote from: mobilestrike on January 08, 2020, 01:06:52 PM

Quote from: ?? on ??

Quote from: mich on January 07, 2020, 01:49:52 AM

Part III: Facebook’s Libra Coin In 2020 & Staying Relevant in The Revolutionary Digital World

As a company they can advertise their plans globally as the amount of users in their platform will view their point and hence they can be relevant and how they can be the digital revolution is yet to be seen and whether they will be able to change the concepts and opposition of the political leaders is to be seen.

Currently they are silent for their coin but whenever they released this coin then it will have a very great effect on the whole crypto market as with this news all of the people who are currently aware with crypto will invest their money as they will know that the price will increase much higher and after that all of the facebook users will be introduced with the crypto environment and they will also try to adopt other cryptocurrencies along with the facebook coin.

It seems that despite a lot of hype and scandals surrounding Libra, this coin will be released soon and supposedly it is already starting to pass testing. However, I do not think that she will be very successful. One must still consider that the countries of the European Union have stated that they will not allow its circulation on their territory. In addition, stable coins of various states will appear now and they will constitute serious competition to Libra. It seems to me that many people will have more confidence in stable coins, behind which are the authority of states, and not Zuckerberg’s tarnished reputation.

FairUser

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Quote from: mich on March 05, 2020, 05:03:07 AM

Libra Plus? A New Global Digital Currency Strategy for Facebook

India’s Supreme Court overturns a crypto banking ban while Facebook prepares fiat-pegged digital currencies alongside Libra.

https://www.coindesk.com/libra-plus-a-new-global-digital-currency-strategy-for-facebook

This is a good sign of the global growth of the entire cryptocurrency market. I believe that Altcoins this year will show an average growth of more than 300%.

Altcoins may increase to 300% this year, but to my mind, only a few top altcoins will solve that problem. In this market we have a lot of altcoin scam and useless, surely this year there will be a lot of altcoins continue to die and it will help the top altcoins grow strongly.

mich

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Libra Plus? A New Global Digital Currency Strategy for Facebook

India’s Supreme Court overturns a crypto banking ban while Facebook prepares fiat-pegged digital currencies alongside Libra.

https://www.coindesk.com/libra-plus-a-new-global-digital-currency-strategy-for-facebook

Topic: Your thoughts on Facebook's GlobalCoin - page 2. (Read 3544 times)