Post
Topic
Board Altcoin Discussion
Re: Facebook Libra (or Globalcoin)
by
avikz
on 13/06/2019, 13:59:15 UTC
Hello guys,

could you please help me to better understand Facebook coming coin project?
I am interested in these topics.

1. Libra and Globalcoin is just the different name for the same Facebook coin?
2. Now on 18th of June Facebook want to reveal the Libra (Globalcoin) project, but the coins will not be in sale? The lunch/sale is planned for the beginning of 2020?
3. Do you know how it will be possible to buy Facebook coins? Will this coin be listed on marketplaces like Bitstamp, Kraken ... or will it be possible just via Facebook apps?
4. Will the price be somehow regulated by Facebook or will it be fully open as other cryptocurrencies?

thanks

Stilicho


I don't think that facebook will start selling their coins in the ooen market. Because every country has their own regulations in place which may not work well if they try to sell the same coin in different markets. However, since facebook has not yet made anything official, we can only speculate!

I would rather request you to read the below article to get some more insights of this project,

https://gizmodo.com/everything-you-need-to-know-about-facebooks-upcoming-cr-1835333424

Frankly speaking, we all know as little as you know!