Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: Delgboke on July 24, 2020, 06:37:31 AM
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Some years has past that we have been waiting for the Libra to be lunched in their near future because I don't understand really causing the delay on the Libra cryptocurrency project what's your make on this projects delay?
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I support
I wait
I appreciate it
I'm flattering
But all those words are difficult for LIBRA now.
LIBRA has non-authentic evidence to be present in crytpocurrency.
The LIBRA website is still like last year, there are no changes or the latest information.
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Libra got a redesign this year (https://www.forexbrokerz.com/news/facebooks-libra-proposes-multiple-single-currency-stablecoins) to include multiple versions of the proposed stable coin, each backed by a single fiat currency like the Euro or the U.S. dollar in an obvious attempt to get regulator approval. Apart from that, there has been no news about its launch so far.
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I think it is going to be big a surprise to many crypto enthusiast if Libra is finally launch because the project planned launch has taken too long
The Libra project had surfered so many challenges from different nations (leg USA, France) of the world because they perceived that if Libra from Facebook is allowed to launch since 2018, may dominance cofrom the fiat currencies. I hope it finally launch soon.
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Work in silence and let your success make a noise.
Maybe Libra doing things privately and once everything are all right. Pretty sure Libra will make a noise in crypto ecosystem.
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I understand one thing - Libra is not an alternative to bitcoin and its appearance is not a problem for the cryptŠ¾. If the project has not died until now, then there is still hope.
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Libra got a redesign this year to include multiple versions of the proposed stable coin, each backed by a single fiat currency like the Euro or the U.S. dollar in an obvious attempt to get regulator approval. Apart from that, there has been no news about its launch so far
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I am not sure because i read so many reports about this coin that this coin is not be released and this coin is not good for the future.
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The Libra project had surfered so many challenges from different nations (leg USA, France) of the world because they perceived that if Libra from Facebook is allowed to launch since 2018, may dominance cofrom the fiat currencies. I hope it finally launch soon.
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I am not sure because i read so many reports about this coin that this coin is not be released and this coin is not good for the future.
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Libra was formally announced on June 18, 2019. The creators of the coin are listed as Morgan Beller, David Marcus and Kevin Weil (Novi's VP of Product).
A first version is projected to be released in 2020.
On July 15, 2019, Facebook announced the currency will not launch until all regulatory concerns have been met and Libra has the "appropriate approvals". In a meeting with top Senate Democratic leaders on September 18, 2019, Facebook chief executive Mark Zuckerberg told lawmakers that Libra would not be launched anywhere in the world without first obtaining approval from United States regulators.
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I Libra project won't be launch because there are too many obstacles and government Intervention that was blocking in its entrance that's why I don't believe that it will be launch soon.
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I think if Libra aims for a more feasible purpose, for example, the method of forgetting to donate for charity on Facebook and acts as a stable coin supported by USD & EUR, it will be easier to accept. Currently the US government is researching stable coins, maybe Libra could be chosen if the Libra team and association are more active in this big chance.
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Indeed I also think that LIBRA should be created for stable coins because with that stability LIBRA can be easily trusted by Facebook users.
Then what you said is also true if cryptocurrency is banned in many countries and certainly America will not make good space room for this problem.
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Libra got a redesign this year to include multiple versions of the proposed stable coin, each backed by a single fiat currency like the Euro or the U.S. dollar in an obvious attempt to get regulator approval. Apart from that, there has been no news about its launch so far
If Libra is backed by only one of the most common national currencies, and Zuckerberg previously stated that this stablecoin will no longer have anything to do with Facebook, then how will it differ from many other stablecoins, of which there are already hundreds? Libra has already lost its peculiarity and in this form this project will not be interesting.
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For now they should just focus on cleaning up facebook platform by taking down propaganda pages, fake news sites, and more irregularities. Dont crack down crypto advertising especially the already established ones.
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Yes, I think the issue of cracking down on crypto advertising has stopped, launching of the Libra coin without crypto advertising on the Facebook platform will make no sense and will amounts to working against cryptocurrency further development, this is because stable coins are still part of digital coins/tokens
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I don't see the hype of the Libra project anymore. After I read news about some partnerships of Libra quitted from the project, I don't get updated information on current development in this project yet. I think we don't expect much about the launching of Libra right now. Let the teams work on their way, we will see a new hype in Libra again if there is a miracle in this project. ;)
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Despite a very low or inactivity about the Libra Launch, I think the Libra team are still trying to resolve all lingering issues and challenges experienced these many years. I believe that the Libra project will be launch at the appropriate time; there are several news about stable coin launch from many central banks and i think that Facebook Libra project will boost the stable coin usege globally.
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Indeed, there are lots of advertisements on Facebook calling for hatred for all mankind.
It's a lot sadder than having to ban ads for cryptocurrency sites.
LIBRA may not have thought about this, but in fact LIBRA is now difficult to develop because they themselves prohibit cryptocurrency advertising on its platform. And this is very funny. LOL
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They said that Libra is a stable coin, so I don't really care about it. We have a lot of stable tokens now, such as USDT, USDC, DAI, PAX......
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Facebook's libra cryptocurrency is readying to launch as early as January, the Financial Times reported. The Geneva-based Libra Association that will issue and govern libra, plans to launch a single digital coin backed by the dollar, the FT said.
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This is a project that many of us have been waiting for since 2018 when it was announced, and it will be a great boost to the cryptocurrecy growth and development if it is finally launched come 2021. Libra project has faced several challenges from the US authority and other nations, one of the reasons it was paused.
The Facebook Libra has also drawn a lot of attentions since its planned launch, and some members of the Libra association has left with very few are remaining. I think it is good news for Libra to finally launch on the market now that that crypto economy has recieved more adoption.
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There is no new information for Libra to date, is it true that this project is closed or is still running and there is no clarity that they will change their name to DIEM.
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Soon the Libra coin is going to be launched becasue in the crypto market soon the big bull is come and i hope that is the time that Libra coin will be launched and in almost 2021 start.
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Facebook Libra has also drawn a lot of attentions since its planned launch, and some members.LIBRA is now difficult to develop because they themselves prohibit.many countries and certainly America will not make good space room for this problem.are more active in this big chance.
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Libra project has faced several challenges from the US authority and other nations.The Geneva-based Libra Association that will issue and govern libra, plans to launch. i think that Facebook Libra project will boost the stable coin usege globally.
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It will not happen, LIBRA will not appear on the surface because LIBRA is already embarrassed by what has been planned.
LIBRA said that LIBRA would be able to beat Bitcoin but in fact LIBRA is now losing out on the Bitcoin market cap.
So it is fitting that LIBRA will not appear or launch due to various factors, among which I have mentioned.
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Some years has past that we have been waiting for the Libra to be lunched in their near future because I don't understand really causing the delay on the Libra cryptocurrency project what's your make on this projects delay?
Well i can't see any real hurdles for it after they transitioned from basket of assets to just single pegged currency. It's more of a bureaucratic delay right now.
Before this they were basically creating their own superiour currency and US didn't like that.
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Not at all. Libra Not Lunch Till yet. I Think It Is a hype Never will lunch libra. Facebook thinking Broadly about it. Because it is Big Challenge for Facebook. It Is Not So Easy.
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Some years has past that we have been waiting for the Libra to be lunched in their near future because I don't understand really causing the delay on the Libra cryptocurrency project what's your make on this projects delay?
Until now, I haven't heard good news from this Libra project, even I heard the news that Now Libra has changed ownership and also changed its name to Idem. I don't really know how this project will continue, maybe I still have to wait a long time so I can have lunch soon.
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Some years has past that we have been waiting for the Libra to be lunched in their near future because I don't understand really causing the delay on the Libra cryptocurrency project what's your make on this projects delay?
Until now, I haven't heard good news from this Libra project, even I heard the news that Now Libra has changed ownership and also changed its name to Idem. I don't really know how this project will continue, maybe I still have to wait a long time so I can have lunch soon.
The Libra project changed its name to Diem, and it was planned to launch it in January of this year in Switzerland, ostensibly to escape the scrutiny of US regulators. However, then it turned out that for some time there has been a company in England that uses a token called Diem. Apparently, this again served as one of the reasons for the next delay. This time, it was announced that Diem will appear in February next year.