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Author Topic: Libra gamechanger  (Read 10950 times)

Minethemine

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Libra gamechanger
« on: August 14, 2019, 11:24:49 pm »
Will libra be the next big thing after bitcoin

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Libra gamechanger
« on: August 14, 2019, 11:24:49 pm »


Bobcrypto

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Re: Libra gamechanger
« Reply #1 on: August 19, 2019, 04:02:41 pm »
Will libra be the next big thing after bitcoin

Yeah, if Libra overcomes it's current challenges, i think it will be a new gamechanger in crypto. They have been a lot of hype generated from libra announcement till the project started generating attentions from  countries. In facts, Libra has the potential to grow and become popular like bitcoin finally launch in 2020.

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Re: Libra gamechanger
« Reply #1 on: August 19, 2019, 04:02:41 pm »

sirty143

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Re: Libra gamechanger
« Reply #2 on: August 22, 2019, 06:34:19 am »
Will libra be the next big thing after bitcoin

Yeah, if Libra overcomes it's current challenges, i think it will be a new gamechanger in crypto. They have been a lot of hype generated from libra announcement till the project started generating attentions from  countries. In facts, Libra has the potential to grow and become popular like bitcoin finally launch in 2020.

I don't know how LIBRA will overcome all the critics and challenges it facing nowadays. Below are the latest...


And, this one is quite surprising, "Facebook already faces ‘the first real competitor’ to crypto Libra"... Read more here.

ayatoslaw

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Re: Libra gamechanger
« Reply #3 on: August 30, 2019, 01:57:02 am »
the greatness of libra is no doubt,
proven when it will launch has given a lot of polemic and a big impact for the development of crypto.
this shows libra can be a serious challenge for old bitcoin and altcoin.
always updating the latest info about libra is something that must be done so as not to miss important moments.

owej90

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Re: Libra gamechanger
« Reply #4 on: September 03, 2019, 11:50:02 am »
And, this one is quite surprising, "Facebook already faces ‘the first real competitor’ to crypto Libra"... Read more here.
:D
Metal Pay is Libra's real competitor just as much as Malawi's basketball national team is a competitor to a NBA selection.
Globally speaking, companies like Metal Pay are microbes.
I don't mean it in a disrespectful way: these companies can be functional to customers and the economy, in which case they are a good thing and they deserve to be appreciated.
It's just that size matters.
Partnerships. The network behind you.
Currently there are 1000s of fintech microcompanies like MP scattered around the world.
How many people around the globe have heard the name "Metal Pay"?


This is Libra



Zion03

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Re: Libra gamechanger
« Reply #5 on: September 04, 2019, 06:23:28 am »
When you have so many institutional backers, it will be a shame if you don't become the next "big thing" in crypto. Some people are saying that it is some kind of a bitcoin killer but I don't know about that. Maybe a killer of some industries like remittance & payment is more appropriate.

I also find it interesting how this Libra and Gram will compete.

Bobcrypto

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Re: Libra gamechanger
« Reply #6 on: September 04, 2019, 01:47:42 pm »
Will libra be the next big thing after bitcoin

Yeah, if Libra overcomes it's current challenges, i think it will be a new gamechanger in crypto. They have been a lot of hype generated from libra announcement till the project started generating attentions from  countries. In facts, Libra has the potential to grow and become popular like bitcoin finally launch in 2020.

I don't know how LIBRA will overcome all the critics and challenges it facing nowadays. Below are the latest...


And, this one is quite surprising, "Facebook already faces ‘the first real competitor’ to crypto Libra"... Read more here.

Yes, they could overcome these issues with time if they keep pressing with the vest population of interests that are melitating against the project launch come 2020. I think there are still open windows for discussion on the purpose of libra coin with the various authorities in the USA and others.

owej90

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Re: Libra gamechanger
« Reply #7 on: September 25, 2019, 12:55:44 pm »
Some people are saying that it is some kind of a bitcoin killer but I don't know about that. Maybe a killer of some industries like remittance & payment is more appropriate.
I agree. One interesting aspect of cryptocurrencies is that each currency can have its own separate field of deployment.
Bitcoin and Stablecoins have separate fields, or industries as you say.
Libra will get used in those fields where Bitcoin is not being used because of its volatility.


Yes, they could overcome these issues with time if they keep pressing with the vest population of interests that are melitating against the project launch come 2020. I think there are still open windows for discussion on the purpose of libra coin with the various authorities in the USA and others.
Monetary authorities don't like competition, they don't want a currency which they cannot control.
Libra has to be designed in a way that it doesn't represent a competition to Central Banks currencies.

The fact that Libra is backed by fiat currencies is a big advantage of Libra compared to, e.g., commodity backed Stablecoins.
Monetary authorities like fiat money backed Stablecoins much more than, e.g., gold backed Stablecoins.

For the monetary authorities is also important that people cannot buy good/services directly with Libra coins, but that in order to do that Libra coins have to be converted into fiat currencies.

The big leverage for Libra is that it will be backed not only by fiat currencies but also by government bonds.
Governments all around the world LOVE those who finance their debt  8)

SonyChristopher

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Re: Libra gamechanger
« Reply #8 on: October 09, 2019, 11:42:37 am »
Will libra be the next big thing after bitcoin
No one knows,
because Libra is a new project with an owner of the company, unlike bitcoin that is not owned by anyone, with a decentralized system.
Will Libra be like a world bank whose distribution is regulated by a company? no one knows

 

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