If Facebook launches LIBRA then nobody will invest in it
Stable coins are created just to earn more bitcoins, Facebooks' aim is to launch a stable coin but I think people won't take any interest to invest in a stable coin because it will only offer benefits to facebook to earn more bitcoins, while the community and investors will have no benefits. I don't think that anyone will ever be interested to invest a penny in it.
All my other predictions come true (you may check bitcoin forum) but still there is no whale who ever donated a penny.
Try to look into their whitepaper or roadmap on whats Libra is all about.Its nothing new that earning is one of its benefits but if you do look into the broader side then it is all about utility.
It doesnt matter if this one is a typical volatile crypto or a stable coin but Libra would really have its own purpose.Saying that no one will invest on it? Try to look on how many
users had been on this platform?
You might have that in mind that people wont be investing on it but considering to those millions or even billions of users of facebook then you would really consider that there
would be someone will tend to invest on it no matter what.
Lets see on how this project will progress and lets see if it do succeed but on general view then i dont really care that much since this one isnt really truly a decentralized thing.