But we know that already that it is not sure set cryptocurrency , right now there is like a program already into play which will come out in 2020 , we cannot yet decide for ourselves if it is really a threat or not , if it is a scam that would only be recognized correctly in 2020, we should know that right now it is nothing more than a experimental code.
- according to the facts
But considering how Facebook is already problematic with things considering the privacy of the users I think I won't be blindly able to trust libra now.
But let's see ...
That's true because as of now that they called libra have many speculation and some of are doubting about that libra from Facebook owner. Much better that they focus first about their platform before they launch another thing. As of now many Facebook user got hack and much better that they do something to make their platform more secured. Let say that libra will have huge impact in crypto market but still we don't have any assurance.
I think what they fear most is due to the business model that will be unleashed, obviously when negotiating with Libra, everything will go to Bitcoin and Bitcoin to FIAT, once they make massive withdrawals in FIAT it will cause a great imbalance in the economy.
In addition, worldwide Facebook arrives and is known, so many jobs will be paid with Libra, there will be no problem to take it to currencies such as USD or Euro, but they can pass everything to Bitcoin, handling large amounts of money