Zuckerberg is full of confident

[shadow.bishop]

Facebook CEO Mark Zuckerberg says the company will spend “however long it takes” to get regulators and others on board before launching the Libra cryptocurrency project.

Source;
https://www.coindesk.com/however-long-it-takes-zuckerberg-vows-to-win-over-regulators-on-libra

[Zed0X]

There's no other way, they really have to convince these regulators before they launch. It will take a lot of resources to pull it off. They might even do some drastic measures like surrendering personal informations or even paying huge amounts 

[Fenix]

Facebook CEO Mark Zuckerberg says the company will spend “however long it takes” to get regulators and others on board before launching the Libra cryptocurrency project.

Source;
https://www.coindesk.com/however-long-it-takes-zuckerberg-vows-to-win-over-regulators-on-libra

Given the general mood of the governments of the United States and Europe, specifically aimed at banning the appearance of the Libra coin, Zuckerberg is unlikely to succeed. Too much confidential information will be concentrated in this social giant, and financially it will pose a threat to all developed countries of the world. However, let's see how events will develop further.

[zilzylian]

If only it wasn't Facebook that made Libra coins, maybe this would be a different story, the government's fear of this coin still happened, even I also supported the many stolen Facebook user identities.
but if we talk about cryptocurrency, privacy is the main goal of cryptocurrency, but this situation will be a threat to banks because the purpose of Libra coins is the same, which is to make users easier to send funds without a bank account

[IyemRoker]

It must be like that because a leader in the company must indeed have high trust because it requires that the leader does have an established goal.
If Mark Zuckerberg does not have extensive high trust then that would be a weakness for Mark Zuckerberg, I hope Mark also understands this situation.

[Bobcrypto]

It is good to be courageous in a situation like this especially when there is great futures ahead. I think Mark Zuckerberg has seen the potential of the Libra coin, hence, he has to encourage the entire team for the task of making it work.

[alltalk]

Now, I think Zuckerberg may feel doubt to continue Libra project because still no positive progress to get permission from US government. It seems like a drama, why US government is likely not happy if Facebook joins crypto world. US government is too afraid if Libra coin will be launched. 

[Peter90]

Now, I think Zuckerberg may feel doubt to continue Libra project because still no positive progress to get permission from US government.

Libra is based in Geneva, Switzerland.
In theory, they don't need the permission of the US Gov.
Kinesis launched last September even if they still haven't the permission of the US authorities.
But as the US would be their biggest market, in practice they need that permission.

Zuckerberg is unlikely to succeed. Too much confidential information will be concentrated in this social giant, and financially it will pose a threat to all developed countries of the world

Social giants have already plenty of concentrated confidential information.
Our Govs don't care about it, they never cared about it, just as they don't care and never cared about developed countries.
What they care about is money, being in control of the global money supply.

but if we talk about cryptocurrency, privacy is the main goal of cryptocurrency,

For me, the main goal of cryptocurrency is not privacy but to eliminate the power of the banks over my money and that of the people.
“Let's say that somebody actually does produce a working blockchain peer-to-peer system. It'll be a lending system that actually scales, we won't need banks anymore.”
John Straw, Senior advisor at consultancy firm McKinsey 

There's no other way, they really have to convince these regulators before they launch.

Indeed. There is no point in launching a cryptocurrency aimed to the masses, without regulators' permission.
The project will die 3 hours after launch.
Kinesis postponed several times their launch because of regulatory issues. Up until today, US citizens still cannot invest in it.

One of the main issues for these projects which want to be global and widespread, is that they need the permission of regulators of a whole array of countries, at least the major ones.
Plus, at the moment the legislations about cryptocurrencies are fluid, mostly absent, the future regulation is unpredictable.
Even the regulators don't know how to behave. They lack rules to base their decisions with.
We are at the beginning of a new financial era.

[rizqillah]

Facebook CEO Mark Zuckerberg says the company will spend “however long it takes” to get regulators and others on board before launching the Libra cryptocurrency project.

Source;
https://www.coindesk.com/however-long-it-takes-zuckerberg-vows-to-win-over-regulators-on-libra

It is a good sign mate,  I hope It will happen soon.  Zuckerberg support the libra.  Because I see Libra is good platform.  It will be needed at the next year when Libra is more popular.  I believe about libra and their team behind libra.

[Alcor]

It seems that Zuckerberg has already lost his confidence in the Libra project, saying in the US Congress that Libra will not have anything to do with Facebook. In addition, as far as I know, the situation with the Libra project continues to deteriorate and I very much doubt that this stable coin will ever be issued at all. In addition, after China and the United States announced their intention to issue their own stable coin, the position of the Libra project continues to fall.

[sampoerna]

Libra is based in Geneva, Switzerland.
In theory, they don't need the permission of the US Gov.
Kinesis launched last September even if they still haven't the permission of the US authorities.
But as the US would be their biggest market, in practice they need that permission.

Yes, in theory, the US authorities cannot stop the launching of Libra coin but I see that Zuckerberg is likely not really confident without support from US. I think it is not only about the potential market, but also how the power of US intervenes in a promising big crypto platform in the future.

[Peter90]

Yes, in theory, the US authorities cannot stop the launching of Libra coin but I see that Zuckerberg is likely not really confident without support from US. I think it is not only about the potential market, but also how the power of US intervenes in a promising big crypto platform in the future.

I think you are right.
A project on a global scale needs general support (politics, mass media etc.) from US. It's not only the potential market.
True. +1 

[Istiak]

When we will see this libra coin? Facebook has announced it a long time ago and there is no sign of that coin. If they really going to launch libra then they should do IEO in some popular exchange. I don't know libra will be a stable coin or not. If anyone knows that please tell me I am interested.

[Malam90]

When we will see this libra coin? Facebook has announced it a long time ago and there is no sign of that coin. If they really going to launch libra then they should do IEO in some popular exchange. I don't know libra will be a stable coin or not. If anyone knows that please tell me I am interested.

There is no update of Libra for a long time when they will announce about it. Libra will really launch or not time will say but it is difficult to launch this for Zuckerber as per US rules. I hope they will overcome barriers and launch their project.

[damsix]

I am sure with this situation, it is easy for Mark Zuckerberg to take the right square foot to create LIBRA.
To create the magnificent LIBRA project it takes time to continue to develop and this is the same as COCA-COLA which takes decades to be known all over the world. This is just a comparison in my opinion between LIBRA x COCA-COLA.