The launching of Facebook stablecoin is getting support from prominent people in the crypto space, regulators have been teaming up in order to dissect Libra for everything its got since it will bring an end to all traditional money which is major concerns of some countries in the European soil such as France and Germany which has vowed to block their citizenship from using if later successfully launched. Would Facebook be successful on this mission that has attracted global critics? Rest of the story can be found here:
https://cryptodaily.co.uk/2019/09/coinbase-ceo-show-support-facebooks-libra?utm_source=OneSignal&utm_medium=AppWe all are individuals and we all have different thought processes. So if a prominent crypto personality supports another centralized currency, what the issue in that?? I am sure Devis is eyeing for some million dollar deals from Facebook!
Facebook is yet to face regulatory hurdles mate! SEC has already raised concerns about Libra and facebook is working on that. They have not yet come to the Asian market which is known to be conservative! I don't see any opportunity for Libra to be released before 2022.