Post
Topic
Board Altcoin Discussion
Re: Facebook Libra finally launching?
by
Yamifoud
on 28/11/2020, 23:50:33 UTC
https://cointelegraph.com/news/facebook-s-libra-to-reportedly-launch-in-january-2021-as-usd-stablecoin

"Following more than a year of scrutiny from global financial regulators, Libra will launch in a form of a United States dollar-backed digital currency, the Financial Times reported on Nov. 27"

I hope it does finally get regulated & implemented into FB. It’ll get average joe interested in crypto which will be good for us. It will lead more people to bitcoin & altcoins.
That is their issue before and I think that they already resolve it and permits them to launch their project. I also hope that people are still excited to participate so they will succeed otherwise, failure has to be their ends.

Anyway, let us see and wait for the outcome. We can't tell yet that it will proportionally give a huge influence on the market trend (which likely we think) until such time that it was proven. FB is known to almost everyone but that was different from the Libra coin where not all FB users are also crypto lovers/adopters.