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Topic: Your thoughts on Facebook's GlobalCoin - page 6. (Read 3544 times)

jr. member
Activity: 66
Merit: 1
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November 12, 2019, 11:08:27 PM
I'm guessing it might still be good and team good cooperation can.
legendary
Activity: 3122
Merit: 1032
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November 12, 2019, 10:34:31 PM
As Regulators Stonewall Libra, Facebook Rolls Out New Payment System

As the Libra stablecoin project continues to face a hostile audience of regulators, Facebook launches a new fiat payment system called Facebook Pay.

https://cointelegraph.com/news/as-regulators-stonewall-libra-facebook-rolls-out-new-payment-system

legendary
Activity: 3122
Merit: 1032
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November 07, 2019, 01:38:51 PM
Libra Won’t Spread as Quickly as Facebook, Says Calibra Exec

Libra will take years – if not decades –  to catch on says a Calibra executive.
https://www.coindesk.com/libra-wont-spread-as-quickly-as-facebook-says-calibra-exec
legendary
Activity: 3122
Merit: 1032
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hero member
Activity: 1582
Merit: 502
October 30, 2019, 10:06:00 PM
I just relaxed about the Facebook coin, I am pessimistic that the Libra project can be a good success because until now they still clash with applicable law, thus making their supporters withdraw from their support. But if later the legal regulations they propose are accepted then will the supporters who have come out come back again? let's wait.
full member
Activity: 854
Merit: 108
October 30, 2019, 09:50:19 PM
I'm sure Libra coin will perform great, but it is still upon us how we will treat it when it is already in the market.
People will use Libra as Facebook has a big influence in the online market, they can use their platform to advertise their product so people will be aware.
But,... the big problem now is if "Libra will successfully Launch and will be available in the market" since there's a lot of criticism on this project from the regulators.

I'm very optimistic before that Libra will become a successful project if launched but after most payment companies have now pulled out of Facebook’s Libra project and together with some issues with the US law makers then i'm doubtful that Libra project will be still a feasible project to the masses so most probably it will be a failed project even Facebook has a tones of users.
legendary
Activity: 3122
Merit: 1032
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October 30, 2019, 09:12:51 PM
Five European Union Countries Team Up to Block Libra: Report

Following a series of private meetings in October, France is reportedly leading the anti-Libra effort with Germany, Italy, Spain and the Netherlands, political news publication Politico Europe reports on Oct. 30.
https://cointelegraph.com/news/five-european-union-countries-team-up-to-block-libra-report

sr. member
Activity: 1050
Merit: 286
October 30, 2019, 10:16:45 AM
GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?
I have heard this news on our national television, and this is probably the right news. Facebook will deploy it in 2020, I think it will have a very good impact on the market when opening a trend for the world's leading companies to enter the crypto market, from which more money will flow into this market.
Last three months after Facebook team will announce for listing Libra coin many institution disagree with Libra coin, United State government never give recommendation and allowed for Libra become legal coin for selling to investor, until today Libra coin never have new update information about will they listed coin on the public or not, maybe they have miss opportunity to create Libra coin at the future.
I think this is going to be successful since facebook has a lot of users nowadays and it is the most popular social media platform today having 2.3 billion users. We could think that this is good for them because they can do transaction on facebook if that happens easier transaction with our friend and family will occur. And also we can think that streamers on facebook can earn Libra coin by doing their job and by playing online games they can earn by just streaming. Maybe this coin can help the market to grow up since more people can know about bitcoin and other cryptocurrency, a lot bigger possibility that new investors will come and buy their own token or even support new projects that are coming in the future. This is the new generation , we are using digital money than using fiat, I am looking forward to the future that we are not using fiat anymore but cryptocurrency instead.
sr. member
Activity: 756
Merit: 250
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October 30, 2019, 05:52:53 AM
GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?

Share your first impression!

I am not pretty sure why OP says it is a GlobalCoin because for me, bitcoin is still the crypto that unites the world. And yes, it is true that facebook is widely used all over the world, but for me, it is not that promising as it is not decentralized. There's still a third party that will control how this coin will perform in the market. Because It is better for us to have freedom in financial aspect than our transactions being monitored and controlled by a third party.

I'm sure Libra coin will perform great, but it is still upon us how we will treat it when it is already in the market.

yes i agree with you in my opinion bitcoin will still be a better coin compared to libra. because bitcoin is decentralized there is nothing to regulate and control. but I positively welcome the presence of this libra will make people who do not understand cryptocurrency understand because facebook has a number of billions of accounts so it is very effectively used to promote cryptocurrency. this will make the cryptocurrency market more attractive.
hero member
Activity: 1624
Merit: 500
October 30, 2019, 01:30:14 AM
I'm sure Libra coin will perform great, but it is still upon us how we will treat it when it is already in the market.
People will use Libra as Facebook has a big influence in the online market, they can use their platform to advertise their product so people will be aware.
But,... the big problem now is if "Libra will successfully Launch and will be available in the market" since there's a lot of criticism on this project from the regulators.
yes, I think that is the main problem. When Libra successfully entered the market, I was sure that Libra would really be the best coin to be have. it's just that, the main problem faced today is so much resistance from outside parties, such as Europe, and others. this certainly makes a bad impact for libra. the release of large companies in support of Libra is also one of the disadvantages. however, if libra really enters the crypto market, of course, this will change the crypto world for the better.
jr. member
Activity: 36
Merit: 1
October 30, 2019, 01:05:58 AM
There are many speculations about facebook global-coin. Some people believe that it will overtake Btc which might be tough for this coin. Otherwise, it feels good to see that such a big company is entering the market. But recently I read a news article that shows the problems this coin is facing. Overall I believe this will have a positive impact on the crypto-market.
hero member
Activity: 3094
Merit: 606
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October 30, 2019, 01:05:42 AM
I'm sure Libra coin will perform great, but it is still upon us how we will treat it when it is already in the market.
People will use Libra as Facebook has a big influence in the online market, they can use their platform to advertise their product so people will be aware.
But,... the big problem now is if "Libra will successfully Launch and will be available in the market" since there's a lot of criticism on this project from the regulators.
sr. member
Activity: 1274
Merit: 278
October 29, 2019, 11:02:16 PM
GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?

Share your first impression!

I am not pretty sure why OP says it is a GlobalCoin because for me, bitcoin is still the crypto that unites the world. And yes, it is true that facebook is widely used all over the world, but for me, it is not that promising as it is not decentralized. There's still a third party that will control how this coin will perform in the market. Because It is better for us to have freedom in financial aspect than our transactions being monitored and controlled by a third party.

I'm sure Libra coin will perform great, but it is still upon us how we will treat it when it is already in the market.
sr. member
Activity: 1344
Merit: 270
October 29, 2019, 10:53:20 PM
GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?
I have heard this news on our national television, and this is probably the right news. Facebook will deploy it in 2020, I think it will have a very good impact on the market when opening a trend for the world's leading companies to enter the crypto market, from which more money will flow into this market.
Last three months after Facebook team will announce for listing Libra coin many institution disagree with Libra coin, United State government never give recommendation and allowed for Libra become legal coin for selling to investor, until today Libra coin never have new update information about will they listed coin on the public or not, maybe they have miss opportunity to create Libra coin at the future.
legendary
Activity: 3122
Merit: 1032
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October 29, 2019, 10:48:03 PM
David Marcus Talks Facebook's Libra Coin Payments and AML Protections at Money 20/20
New statements were made in defense of Libra’s efficacy and safety as a global stablecoin applying anti-money laundering (AML) protections at Money 20/20 conference

https://bitcoinexchangeguide.com/david-marcus-talks-facebooks-libra-coin-payments-and-aml-protections-at-money-20-20/
legendary
Activity: 3234
Merit: 1214
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October 29, 2019, 01:45:21 AM
I don't think Facebook's libra can get in fire against China's own cryptocurrency. China will empower its own currency usage, already it has got its own search engine and everything. This way they will stand to use their own cryptocurrency. As Facebook is an established business community surely this will be a tough competence.
legendary
Activity: 3122
Merit: 1032
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October 29, 2019, 12:53:07 AM
legendary
Activity: 3122
Merit: 1032
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October 23, 2019, 08:09:23 PM
Libra Could Serve as Counter to Chinese Digital Currency, Says Zuckerberg
Facebook CEO Mark Zuckerberg testified before the United States House of Representatives Financial Services Committee today regarding the Libra stablecoin project.

https://cointelegraph.com/news/libra-could-serve-as-counter-to-chinese-digital-currency-says-zuckerberg
newbie
Activity: 140
Merit: 0
October 23, 2019, 04:21:13 PM
I would have invested there, yeah! Pretty nice option to invest!
And where can I find this token, as official tokensale has ended as I see on TON site.  Huh
newbie
Activity: 140
Merit: 0
October 23, 2019, 04:09:44 PM
What problems do you mean? I haven't heard about any from the side of Facebook.
P.S. TON is great development of blockchain, I am interested in their project

They had many leaks of personal data and sure you have heard about their communications with government. I quite dislike such approach. TON is another approach
wow, yeah, I see... So TON is more attractive to invest. Spent some time to research  this topic. So to buy token best option is GRAM?
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