Quote from: Chain Clash on November 12, 2019, 01:42:06 PM

Quote from: chaoscoinz on November 12, 2019, 01:35:47 PM

I know I'll get a lot of backlash but I think that FaceBook's Libra Project is pegged to take mass adoption by storm. FaceBook and it's partners, Occulus Rift/ Instagram/ WhatsApp make Facebook the largest social media platform in the world. If congress were to give Mark Zuckerberg the green light to go ahead with the launch of Libra platform, the cryptocurrency sector as we know it could rapidly change.
All of the sudden the world over would be educated about cryptocurrency thanks to the Libra platform. Eventual those Libra users will trickle down into other crypto related projects and communities, so on and so forth. The market would naturally get a boost in growth. Bitcointalk would be flooded with new users like never before. Everyone will want in as the forum experiences a booming surge in traffic. If you thought people were complaining about bounty standards and low ball pay as of now, wait until there aren't any left to complain about Roll Eyes

What I don't understand about how Facebook is proceeding with Libra:
Why don't they separate the currency Libra from the payment system Calibra, deploy Calibra into the Facebook apps and allow people to pay for all the things using other cryptocurrencies? This would dramatically foster adoption.

In a separate (and more complex step) they could create the Libra coin (which is what they're getting regulatory backlash for) and rule the world with their new monetary system or whatever...

I can see where you're heading and that's quite a good idea. But Facebook wouldn't accept that because there is no way that is going to benefit them, lol. Just look at Libra: it's going to be a coin that is owned and controlled by Facebook and lots of companies will be buying into it and that means Facebook will be making a profit from it.

I don't think any company will have time for something that is not beneficial to them unless they are doing it for charity. If they should deploy just Calibra into Facebook then it's basically a wallet and they will just be promoting other cryptocurrencies that are not theirs and they wouldn't be benefiting from it in any way.

Quote from: Chain Clash on November 12, 2019, 12:59:24 PM

I just ordered the Wirex card and hope to get it soon. The idea is to receive crypto (Bitcoin) by doing stuff that I would be doing anyway.

What other ways do you know to receive / earn Bitcoin for everyday stuff outside of the crypto world that could bring Bitcoin and other crypto directly to users for them to spend?

First, adoption will play a very great role in this as people who has been willing to use cryptocurrency before and scared because of these government that are not friendly with it will definitely loosened up and be encourage to free partake in activities that has to do with cryptocurrency like this one you chose to use.

You are probably able to do that because you live in a country that is really not bothered about the use of cryptocurrency by their merchants, but in my country, many of us that would have been accepting bitcoin as means of payment are very scared that the government could come for us as they are fully against the use of it for now. If there can be adoption of cryptocurrency, I am sure that there will be more merchants like you to do the same thing.