Post
Topic
Board Altcoin Discussion
Re: Facebook libra hearing
by
Ridwan Fauzi
on 18/07/2019, 08:35:19 UTC
Well!!

The head of Calibra, David Marcus told the Senate Banking Committee that, Facebook will only build its own Calibra cryptocurrency wallet into Messenger and WhatsApp, and will refuse to embed competing wallets.

what's your take on facebook libra hearing?
I don't take any action against facebook who create a coin that according to them use blockhain technology, but I doubt about it. The libra coin seemingly is like centralized system which is mean not fully cryptocurrency, its movement pricr will like money fiat. So, if I have a lot of money on my pocket I will never use it to buy libra coin, it will be good to buy bitcoin and other altcoin.