Post
Topic
Board Altcoin Discussion
Re: FACEBOOK COIN (LIBRA) , VISA AND MASTERCARD- My take
by
indrakusumaindra
on 19/06/2019, 15:11:12 UTC
I think Libra; when released will be nothing like what many anticipate - a cryptocurrency in shinning armor,

No one believes this. It's a fiat token under the control of multiple corporations, none of whom are going to agree on anything anyway.

I think if it ever actually does emerge it's going to look very, very different to the proposal as there's been instant uproar from the establishment.

It'll be a similar trajectory to Paypal. Paypal's original vision was strikingly similar to Libra then it got punked by banks and governments until it was the soulless annoyance it is today.
but still i think this project could be great and with stable coins that are backed by many big company , i think it will attract many people to know about crypto and even increasing the number of transaction volume of cryptocurrency. Lets see what they could be and i do think it would be wise to not judge before its happening.