Quote from: FLoving on November 21, 2019, 05:06:43 PM

Quote from: loafof on November 11, 2019, 04:58:01 AM

With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.

Would the people actually use Libra should it be approved by the congress?

Right now no one know that will it get approved by the congress or not! In the same way we cannot say that how will it work and how much will people trust on that coin. Many experts are from now suggesting them to adopt bitcoin which I also think that it will be good for all of us.
People also are worried about Libra because they think that the privacy on facebook is not much secured. It is also considered as a centralized coin and the crypto community want to adopt only decentralized currency.

I've never heard any expert from when talking about Libra trying to mention bitcoin or even recommends us to adopt bitcoin by any means. Even Libra is not approved because it could potentially become a danger for the national currency and bitcoin which is decentralized can't go anywhere if the government have that idea.

Quote from: TinaK on November 20, 2019, 05:46:13 PM

If there is any credit sir additional offer on using any Facebooks services means I will definitely use the Libra coin for it.
If they are not doing that means I will never plan to invest or buy that libro coin in any exchange for their public sale.
Some foolish big investors are there in the market as well as some traders there to invest on Facebook just for the namesake.

It is a stablecoin, created for the purpose of becoming the new digital payment method to compete with the already existing digital wallet like Google wallet, Apple pay, etc. I see no point for facebook to give any offer because it is not ICO or IEO.
Some big investors are just trying to get the profit generated from every transaction just like any other stablecoin out there. People who buys the coin and think themselves are investing into Libra is definitely bamboozled.