Quote from: Vishnu.Reang on November 25, 2019, 02:25:06 PM

Quote from: huige007 on November 25, 2019, 01:20:31 PM

Like the games that we play on Facebook will start accepting payments in Libra and all the other money dealings will be actually carried out with the help of Facebooks very own digital currency. The bill will be passed. The coin is highly centralized and utilizing it does not make sense at all. Anyone who loves his freedom and privacy, will invest in bitcoin or ethereum. But this kind is again a rare one.

Even if they accept Libra, they will be accepting the other payment modes as well (such as PayPal, Visa, Master.etc). So my question is how they will make the users prefer Libra over the other options? Libra is a new payment method and at least initially the vast majority of the users may not be comfortable in using it. So unless they give some good promotional offers, no one is going to use Libra.

The coin libra is just a plan from the founder of facebook, Mr.Zuckerberg. It was a good intention that they are trying to invest only for making their coins, if they release a reasonable market value of the libra, I think it may be accessible and becomes on the top three of all cryptocurrency. The libra will release this coming 2020, and if the bitcoin is not very stable on that kind of price, the community will try to invest in the libra is my prediction. I will try to invest in libra too because if it is profitable, why not to try? There is a lot of news update for the coming of the new coins if it will beat the altcoins or the king of the coins, the bitcoin.