Quote from: xmonkeyx on August 27, 2019, 09:36:58 AM

Quote from: bolajiy123 on August 04, 2019, 06:41:51 PM

what do you think about the Facebooks Libra, could it be the future of altcoin? one thing always amuse me about Facebook's coin till today, there was a time Mark never supported Crypto and now Lauching coin

Libra is not necessarily the future of Altcoin ...
The presence of Libra Facebook is just a new spirit for other coins in market competition and for me, Libra will only be a stable coin.

Libra is a future of its own, they might have a big user database, but that does not mean that there is not going to be another project that has the tendency of making them really not being able to govern the altcoins.

Everyone have their own technology concept and there are definitely going to be project that has that, and moreover, what people are basically interested in right now are coins that can be used as investment, where they can out in their money and then expect some profits in some years into the investment, but seems libra might not be able to provide such opportunity because they are coming into the cryptocurrency market as a stable coin, and we know that stable coin is not usually that useful in that aspect other than being a utility token.