Post
Topic
Board Bitcoin Discussion
Re: With Calibra, Facebook opens Libra to cryptocurrencies?
by
stompix
on 19/06/2019, 09:41:10 UTC
Really? Calibra? Like that old car? Cheesy Who comes up with these names?

And Libra is no better. There's a small bank from Romania called Libra Internet Bank.
Yeah, I'd sack the branding guys. On the other hand, the coin is no better. They falsely claim to be decentralized and pseudo-anonymous. What a (bad) joke!

They've clearly used the astrological sign for inspiration, probably because of the scales symbol,  there are just too many things and organizations and plays and cartoons that share the name.

I like the name, it's far simpler and easier to use than ethereum or aeternity metaverse etp, maximine coin...you get the idea.

This altcoin has several flaws and disadvantages. Mr. Zuckerberg is going to learn the hard way how NOT to make yet another altcoin...

Never underestimate facebook.
One pop-up banner shown a day to each of their users will get more promotion for that that all cryptos have had in their entire life.
Besides, it's not a real altcoin, it's more like a paypal wallet.
If it gets accepted on Ebay alone it will probably top all cryptos in terms of transactions per day in less than 6 months.

Anyhow, nothing changes, it's a centralized coin, it shouldn't affect decentralized cryptos as it targets different users.

What do you think of this new facebook project, is it a benefit or a disadvantage for cryptocurrency?
MY THOUGHT ABOUT LIBRA? IT WILL GIVE GREATER CREDIBILITY TO BLOCKCHAIN.


Did you forget to change accounts?