Facebook’s new cryptocurrency

[zendicator]

This is actually a great news to us because we have seen big institutions or company are now into crypto. I think this is the one of the reasons that bitcoin is rising right now. Im pretty sure many companies will be using blockchain soon. 

[Delgboke]

The Facebook new cryptocurrency project has created a whole lot of news in the social media especially crypto news channel's in the entire cryptocurrency industries but what do you think could be the major reason for this great hyper for this new cryptocurrency project even as the coins has not been out it had attracted hundred of thousands of crypto investors that are waiting for the implemention  of Facebook new cryptocurrency project.

[tonymillions84]

Please Note this Facebook coin is not a stablecoin. it does not support decentralization and should not be called a cryptocurrency. it just another financial project backed by the government to frustrates the masses. it is a well plan project to control individuals and countries.

[Debasco]

Is good thing and a plus to Crypto currency generally also a means of broadcasting altcoins generally because Facebook already have a wide and general acceptablity

[Stuart]

If the backers/investors will have to invest $10million each, this means the coin is to be an expensive coin, that might not be gotten by everyone in the crypto ecosystem. On the other hand, it is not a volatile coin, which means somehow, someway, bounty hunters and low investors might not also have the coin.

[Vievevno]

After reading this article, I've started to disagree that Libra will be cryptocurrency at all. We still don't know much about this coin, but all signs suggests that this will be an exact opposite of cryptocurrency ideals

[Purwodadi]

Such support is very good and I am very happy to hear it, because I believe that the steps taken by Facebook are very good and very appropriate for the future.

[Peter90]

It will increase awareness, and it would be beneficial to cryptocurrency adoption. On the bottom line, it is not what Satoshi meant, when creating Bitcoin.

The point of Bitcoin.
This is an important question, what's the point of cryptocurrencies.
Reading in the forums related to cryptos I get the impression that today Bitcoin, and in general cryptos, are basically considered and used as a way to speculate and make more or less quick money, but I don't think that cryptocurrencies should be reduced to that.
So, what did Satoshi meant creating Bitcoin?

[maro101]

This is great news and it can be assumed that the growth of the market to $ 13,7k happened precisely because of it. Thanks to such events, more and more people will learn about cryptocurrencies and this has a positive impact on the market and the development of the industry.

[Felix Felicis]

I don't know about ya'll but I'm not really looking forward to this so called Libra coin. First off, it's not even a cryptocurrency. For a crypto to be one, the underlining feature is to be decentralised, which, Libra clearly isn't. Second off, it needs to be peer-to-peer, which again, Libra isn't. And if some articles are to be believed, we can't even use Libra like a normal crypto! Just use it in the fb or messenger app, idk.
I could go on and on, but anyways

[tsakf]

Please Note this Facebook coin is not a stablecoin. it does not support decentralization and should not be called a cryptocurrency. it just another financial project backed by the government to frustrates the masses. it is a well plan project to control individuals and countries.

Unfortunately, most people are afraid of decentralization. That's why the are after Facebook's coin. It is backed by huge companies and governments, That's why they find it attractive. We, the cryptocurrency fans, have to keep moving our path.

[gotbounty]

Actually, Facebook has its great cryptocurrency called Libra if they really apply and have partnership with those merchants around the world. It will be a stable coin that can survive on the crypto world.

[Altcolets1208]

Actually, Facebook has its great cryptocurrency called Libra if they really apply and have partnership with those merchants around the world. It will be a stable coin that can survive on the crypto world.

Libra coin is already existed in the coinmarketcap, it increases and decreseases just like what other coins too. But to partnership to be a strong coin i think its not, they can run each other in a the same. They just need more development to process and can carry on by the time.

[IyemRoker]

Libra coin is already existed in the coinmarketcap,

Why can you first register on CoinMarketCap because Libra gets full support from Facebook.
CoinMarketCap still loses its financial strength from Facebook, so like it or not, CoinMarketCap has to submit and put the Libra in its list, even though Libra isn't available at this time.

[tsakf]

Why can you first register on CoinMarketCap because Libra gets full support from Facebook.
CoinMarketCap still loses its financial strength from Facebook, so like it or not, CoinMarketCap has to submit and put the Libra in its list, even though Libra isn't available at this time.

Yes. There are many coins, that are not listed in coinmarketcap. Libra is listed with no data. Just a move to satisfy the bid company.