Post
Topic
Board Altcoin Discussion
Re: Should we boycott the Facebook Coin (Project Libra)?
by
Aveatrex
on 29/06/2019, 07:51:54 UTC
well why aren't you boycotting XRP, ETH, BCH, BSV, ... and hundreds of other shitcoins that are fully centralized
ETH,BCH and BSV are not centralized to my knowledge.

Libra coin will bring almost all Facebook people to cryptocurrency sphere
Not really.If Facebook manages to bring in only 10% of it's user base into cryptocurrency that's a big achievement.Things just doesn't work like that.

Libra is not real crypto,
Technically,Libra IS a cryptocurrency since by definition cryptocurrency just means a secure digital currency supported by a public ledger.


In my opinion,Libra project is a good event to happen.Let me explain my self.Today,there's a lot of people who FEAR cryptocurrency simply because there was too much hacks, stolen coins, extreme volatility and people lost a lot of money,this is the COST of decentralization.For these people,it is a great thing to have a centralized cryptocurrency that is practical and less risky than others like XRP or Libra.