Quote from: sana54210 on September 30, 2019, 05:32:17 PM

Quote from: Zemomtum on September 28, 2019, 10:58:04 AM

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=App

Wow! Prominent people against the government? Who do I think would win? but I think that it is prominent people because without Prominent people, there is no government, and government cannot fight them all because they have the money, they can only invite them for a chat and let them know the reason why they are not supporting Facebook Libra coin, which I am sure that Facebook will be doing the same too, so it seems that there is going to be a very long battle between Facebook and the government.

In the aspect of Facebook, Government of the United State will be careful in the way they also handle Facebook case because they know how much this company has generated so much for the US, and one reasons why the other countries may even be fighting Facebook is because they might feel it is a plot from the United states to use the currency in retaining worlds power.

The government will always win. Though they have money, they can't live without paying their taxes and no escape from KYC these days and facebook, may look like its not but its also controlled by the government like big brother does. The governments can use facebook to monitor people who engages in crypto.

Quote from: smyslov on September 29, 2019, 03:51:13 PM

That's really going to happen I remember the CEO of Binance giving negative comments about Libra Coin, so there's a possibility that they are not going to list Libra Coin and Coinbase is taking this opportunity by supporting Libra Coin, so expect cooperation between the two giants, it will be good for libra coin's entry.

Binance is up to make money and dominate the crypto, if they can make money out of listing listing Libra, they will do it. Its a matter of time til we see more people and countries supporting Libra and get launched.