Swiss president call Facebook’s Libra A Failure

[jonathancool220]

How could it not work because LIBRA has no interest in living on the cryptocurrency path.
So it's only fitting that the president of the Swiss state calls it a big mistake from Mark Zuckerberg.

I think Mark Zuckerberg should not be hoping to side with the top global finance in Switzerland because now LIBRA already has a bad image from the Swiss president.

[Delgboke]

I can say that there are many fighting against the lunch of Libra, so that the project will not lunch I don't there's any need to conclude that Libra has failure according to what Swiss President said about the Facebook crypto project.

[syedrasool2011]

Libra, Facebook’s global cryptocurrency project, could risk the stability of the global financial system if it is not subject to enough oversight from regulators, a body created after the financial crisis has warned.

[TERMINO]

In current form unsuccessful

It means to say Swiss President still hoping for success despite of his negative feedback, though truthful.? Libra coin can be develop again much better than before. I think it could be rename or just modify some important matter.

[Astra]

Libra can already be called a failure based on the fact that its appearance was too long and loudly advertised, and as a result of the appearance of this coin, we still do not see it. In addition, this project has already changed not  for the better many times, and this does not paint any project.

[Rubel007]

Do they honestly want it to succeed? Of course it is a failure in their view as part of the government (bank) that libra is trying to challenge. I do not know what that "reworking" means but I would assume that they want to subdue libra by forcing them to comply with regulations.

[Muneeb22]

I saw the report and that the reason that so many partner of the LIbra coin will leave it and they don,t want to work in this project. May be in future Libra coin is release and they got new partners.

[Salman Hasan]

I also think that way because LIBRA is less effective in being in a Swiss country where the country is well known and peaceful.
Switzerland does not need to have an object like LIBRA which is not clear in its development, we must study hard against crytpocurrency because if it's not like this then fraud will occur everywhere.

[aiviaa485]

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It could also be like that because something valuable always has problems in terms of introductions.
LIBRA also has a lot of problems in its introduction and it is very risky for LIBRA to launch at this time in the market.

But if LIBRA has confidence and funds then LIBRA can launch its coins too for now on the market.

[Fadhilz123]

Me too, and a lot of people too. Libra can't bring new technology to the crypto industry. If Facebook companies care about the project, they should make it decentralized. So many people realize that Data is so important and will fight back against the project which wants to control it

[Blue_sea]

Recently i know, Swiss President call Facebook’s libra A Failure.
The swiss president, Ueli Maure, together with the finance minister, stated today that libra has been unsuccessfull in its current form and need approved for some reworking.
What is your opinion?

The news is true and we know the truth now the Libra price is $0.00492999 .so we can tell Libra is failure .

[Senin]

Recently i know, Swiss President call Facebook’s libra A Failure.
The swiss president, Ueli Maure, together with the finance minister, stated today that libra has been unsuccessfull in its current form and need approved for some reworking.
What is your opinion?

The news is true and we know the truth now the Libra price is $0.00492999 .so we can tell Libra is failure .

I haven't seen any information about the release of Libra yet.  Where did the information about the price come from, and even so little?
 At the same time, I have always argued that Libra has already missed its high point.  It will no longer be of great importance among stablecoins.  Now the digitized currencies of the central banks of states are entering the world arena and these states may prohibit the use of their national currency as a means of providing other stable coins.  It is difficult even to imagine what will happen then.

[trauchot]

Everyone, of course, has his own opinion and I will not criticize the opinion of the President of Switzerland, but I think that Libra has very interesting opportunities and technologies that could develop the cryptocurrency sphere, but due to the fact that the US government does not allow Libra to develop, this is certainly a big problem but I hope the Libra developers will find a solution to resume development of their cryptocurrency in another country.

[Muneeb22]

Recently i know, Swiss President call Facebook’s libra A Failure.
The swiss president, Ueli Maure, together with the finance minister, stated today that libra has been unsuccessfull in its current form and need approved for some reworking.
What is your opinion?

This news is true and i read that also and the Libra coin partners will leave this project and they are not now the part of the Libra coin project but in future any thing will be happened and the Libra coin may be launched.

[helojelly]

I think it would be a shame if this project really failed because I was eagerly awaiting this project