GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?
Share your first impression!
Not very impressed with it. I wouldn't even call it an alt coin. They are just some centralized coin. I don't see much difference between Libra payment system and Paypal. The only main difference is that facebook will be using the blockchain technology. If I am not wrong, even the price will be 1:1 in terms of USD. Was never a huge fan of centralized coin. Though this might help people to better understand the blockchain technology. So yeah, we do have some good sides over here.
True.. in fact if you take a look at
Libra team , David Marcus (former President of Paypal) is the co-creator and leading Libra/Calibra wallet project.