Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: masudginanjar on January 12, 2021, 06:00:43 PM
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Is this public duping?
DIEM was very enthusiastic when it was still called LIBRA.
But now DIEM is now silent and difficult to move, even Bitcoin has reached its highest price, DIEM still seems like it doesn't want to run.
My question: Is this just a public duping which is just creating news so that Facebook shares go up?
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This is not to say that the Libra / Diem venture is a public deception. Zuckerberg really wanted to issue such a stablecoin, but many states, and most of all the United States and the states of the European Union, were afraid of the increasing power of Facebook.
Now, after it was announced on December 1st that Libra would be released in January with the name Diem, a new problem has arisen. It turned out that in England a coin called Diem is already working on the cryptocurrency market and the company is going to defend its right to this brand in court.
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As DIEM is not very popular with investors, it affects the price of the diem. There are still many other coins that are more profitable for investment, so Diem cannot compete with top coins such as BTC, ETH
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Libra is still on Mother's belly. It haven't come to light till now. We have waiting for more than 2 years. Many people suspects whether this project comes to light but i am still hopeful about this. If Libra or DIEM comes to light, it will be a revolution to the crypto world.
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Libra is still on Mother's belly. It haven't come to light till now. We have waiting for more than 2 years. Many people suspects whether this project comes to light but i am still hopeful about this. If Libra or DIEM comes to light, it will be a revolution to the crypto world.
There will be no revolution. This stablecoin will be backed by the dollar, and there are already a lot of such coins. So far, the highlight in this matter is the interaction of this coin with Facebook. Moreover, if this is revealed, then Zuckerberg will have new problems with regulatory bodies, and the countries of the European Union will ban her from walking on their territory. Therefore, apart from scandals, I do not expect anything good from this stablecoin.
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It could be that this is a fraud from LIBRA because it changed its name to DIEM.
Cryptocurrency is hard and full of obstacles, so we must not be soft on what one company has promised.
It's better to avoid LIBRA or DIEM so that we can live in peace by trading Bitcoin which is real in every markets of crytpocurrency.
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If Libra or DIEM comes to light, it will be a revolution to the crypto world.
If this is true of what you say then I believe LIBRA will be a good coin that has a large market cap.
But if the launch is true then LIBRA I think will be a stable coin and this has been proven with their various purposes.
If it doesn't become a stable coin then LIBRA could just dump and pump it and this would really be a shame for Facebook.