Post
Topic
Board Altcoin Discussion
Re: Who Would Really Buy Facebook Coin?
by
Burogh
on 06/07/2019, 01:10:59 UTC
Honestly, who would buy this? Serious question! I've been reading about it and I don't see how Facebook can create a coin that upholds the values crypto portrays (censorship free currency).

https://tipestry.com/topics/5ce41169570b6c1f0750a040/facebook-to-release-its-own-cryptocurrency-on-whatsapp-%E2%80%93-libracoin-%E2%80%93-with-its-base-in-switzerland-and-first-launch-in-india


There are alot of people wanting to buy Libracoin due to the high demand of this crypto. So that if you want to make a big profit in the next time, spend money for Libra and holding for the long-term. Libracoin will beat BTC in the next year I thinking because the Facebook is the big brand of the world.


I think it's hard for Libra coin to defeat bitcoin. Libra Coin may be supported by many large companies and Facebook has many members but Libra Coin is like a stable coin and in my opinion cannot be used as an investment. People will prefer bitcoin because the price will potentially continue to rise