Post
Topic
Board Altcoin Discussion
Re: Would you trust FB with your KYC details?
by
setialovers
on 08/07/2019, 01:25:55 UTC
I wouldn't. I don't think this coin will succeed! What do you think?

You should consider the number of members on Facebook. Facebook has members in almost all countries and I think Facebook has all of our data, starting with our telephone number or email address. I think Libra coin will attract a lot of investment from many people
Facebook has a lot of members in various countries but that doesn't mean if almost 100% of them will use libra and remember the blockchain system is too early to be adopted by an ordinary person with zero knowledge about that. it may be less than 10% of the total users that will try to adopt it. I remind you to put a high result as your expectation only.

Facebook has more than 2 billion members and is spread throughout the world. If 10% of its members use Libra coin to transact between members, this will result in large numbers. With Facebook, many people transact and interact easily and Libra coins make the transaction faster.