Quote from: carlisle1 on February 03, 2020, 01:43:33 AM

Quote from: milewilda on February 01, 2020, 06:26:43 PM

The question is, do this project would able to make it through? There were lots of issues towards Libra project which been highly opposed nor blocked by government.

it won't be blocked knowing how popular FaceBook is?of course they will sort then issue before the launch.but profitable?i don't think so since this is stable currency.

Libra coin would actually be good for the people who carry forward their advertisements over facebook. They can easily pay for such advertisements with libra coin and hence they might seem using libra more suitable for them. I think this is the major reason behind why facebook is launching it's own coin. They want a payment method to support their internal financial monetary affairs and libra coin would be a best selection in this case.

Investing in Libra would not be beneficial for us as traders but for those who want to gain benefits from the most grown platform like facebook by promoting their products/services onto the network would surely find it beneficial.