Quote from: DarkDays on July 17, 2019, 08:57:56 AM

Quote from: Bitcoinqubit on July 06, 2019, 12:09:14 AM

Quote from: KrosaKz on June 19, 2019, 08:26:13 AM

Libra is a simple global currency and financial infrastructure that empowers billions of people. Libra consists of three parts that will work together to create a more inclusive financial system:
1. It is built on a blockchain that is safe, measurable, and reliable.
2. This is supported by asset reserves designed to provide intrinsic value.
3. This is regulated by an independent Libra Association which is tasked with developing ecosystems.

Are you aware that when they are busy with this project and we are also busy promoting their projects through this post. yes oral indeed very quickly affects society.
then what makes you so sure about this project? but I personally don't think that this is IMMEDIATELY, while Bitcoin is very decentralized and Lybra is more focused on finance.
so I think this is just about developing the adoption of blockchain technology in the future and cannot be compared to the investment aspects of the value of bitcoin. because bitcoin has been around for a long time and will remain the cryptoqurrency market leader.

99% people here uneducated in simple things in life not talking about complex things which they far away from understanding this....but in order to answer you this so you will know what wait us in the future without predicting and be sure we need to dive deep from where bitcoin come...

LETS GO..
bitcoin come from peer to peer file sharing with twist called blockchain.
now why peer to peer file sharing(decentralized tech) was burn because before this there was centrelized tech which mean there was few main servers that hold all the info like movies,mp3,software and computers around the world was downloading from this main servers without be depending on each other, what happen is the governmnets pretty fast locate this servers and shut down them.

then people became more smart

and build decentralized=peer to peer file sharing which mean our private computers are the servers, for example computer A download from computer B and computer B upload something to computer Z and so on...

BitTorrent is a peer-to-peer protocol, which means that the computers in a BitTorrent swarm (a group of computers downloading and uploading the same torrent) transfer data between each other without the need for a central server.

now the governmnet need to shut down more then 500 million private computers and its impossible ,,its called decentralized tech.

now bitcoin is peer to peer money and not file sharing compare to libra project which is centerlized tech and decentralized tech always win...

libra is not threat and will be huge failure for sure its stable coin.

stable coin its not investment its exchange nothing more because the price dont grow its like to exchange usd to euro nothing more but even more
libra stable coins its not real crypto stable coin its centralized and control by facebook ...real crypto its mean its peer to peer money and no central control exist and no body can lock your account or other shit

so fucking simple...

decentralized tech mixed with distributed tech will eat the entire system like peer to peer file sharing it cannot go the other way,

I wouldn't go as far as saying that Libra will be a huge failure. Being backed by such a huge social media giant, and with the libra association being founded by dozens of industry giants, I really can't see how you could say Libra will fail, while complete trash like Tether (USDT) somehow thrives?

Sure, Libra is not as decentralized as Bitcoin, but it will not fail. I am almost certain it will be in the top 5 by market capitalization, and should eventually knock XRP out of its number 4 spot. Not sure how much further it can go though.

It will be a huge on-ramp to crypto, and many will spillover into ETH and BTC.

On the contrary, we can say that it is already very successful for Libra. The US congress, the vice-president of the EU Central Bank and Trump, has already announced that the Libra could be dangerous.