Quote from: Driggers95 on December 20, 2019, 12:57:00 PM

Quote from: Trela on December 20, 2019, 09:47:42 AM

Right. Libra can't call as a cryptocurrency. It's merely a token that uses Blockchain as a platform. It isn't decentralized and still controlled by others. Due to ignorance, most people overstate the launch of Libra, but Libra is not worth like a cryptocurrency. It is entirely different from what Satoshi Nakamoto wants to use Bitcoin and Blockchain to prove to everyone.

Although libra cannot be called a crypto like many cryptocurrencies here but it is a perfect copy, more precisely, it did not follow the idea of Satoshi Nakamoto, it only holds the best parts, compensating for the shortcomings that current cryptocurrencies don't own, since then, Libra has become well suited to the community and to the world market. Obviously, governments of countries do not accept crypto when it is decentralized and out of control but libra becomes easy to control, the level of acceptance will be higher, there is no reason for people to oppose this idea

Perfect copy? No, I don't think it could be as good as perfect! And about the government, they accept Bitcoin as a high-risk asset for trading, but not clearly. At this time, the cryptocurrency can't call as a currency, it's just an asset for investment. Besides, you should know the government is worried that Facebook will use Libra to create a new world currency while Facebook has made stains in customer information security. Of course, Libra may affect the position of USD and EUR. A legal currency based on Blockchain is still too far away.

Quote from: crossabdd on December 21, 2019, 01:42:20 AM

Libra is much involved in regulation. many big partners like paypal, visa, ebay, mastercard, have dropped out. giving rise to a lot of negative thinking among investors. including in European countries. despite the face of launching their currency. I don't think that will change anything in crypto. and crypto remains considered a decentralized currency.

Yes, after all, the decentralized currency can only find in cryptocurrency. Libra never achieved this.