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Author Topic: What about this Libra project?  (Read 436 times)

Delgboke

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What about this Libra project?
« on: July 12, 2019, 03:38:33 PM »
It has come to the notice that the US President Donald Trump has been kicking against Libra project which the CEO of Facebook mark zuberbeck ever since he has planned to lunch his own cryptocurrency it has been a battle and a lot of treat from the US government against Libra project, although Donald Trump has said he's not I support of any other currency neither it's a fan of Bitcoin and Libra project he was specifically on Libra and bitcoin, so what do you think.
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khufuking

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Re: What about this Libra project?
« Reply #1 on: July 14, 2019, 02:53:18 PM »
In my opinion, all this is unnecessary and it is only there to create attention for Libra, we all know that Libra is not real Cryptocurrency it is just a digital currency that will be built on blockchain nothing more everything else about Libra has nothing to do with the crypto world and to be honest I really don't know why people care so much about Libra it will add nothing to us or to Crypto as whole. 

Redix

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Re: What about this Libra project?
« Reply #2 on: July 14, 2019, 10:33:00 PM »
Of course, Trump will be not a fan of Libra. As the US president, he will only support one currency in the world, it is USD, the US national currency. It is not so funny if he stated as a fan of crypto coins. So, I can understand what he stated.

Marty_Burden

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Re: What about this Libra project?
« Reply #3 on: July 18, 2019, 01:35:02 PM »
Trump also said that Arnie died. Don't know if you can trust his opinion a lot. The thing is that Libra is going to be mass adopted. Everyone uses Facebook. And the idea that you can send money directly from your Facebook account without using banks and other third parties... It just looks so simple and attractive. Easy-peasy.
Just think of how many of your friends/business partners have bitcoin wallets. And how many of them have Facebook accounts? That's why it's such a big deal now.

Zen10

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Re: What about this Libra project?
« Reply #4 on: July 19, 2019, 06:53:36 AM »
When you try to hit on something, you go for the popular ones to get easily noticed. Bitcoin as we know is the king of crypto and libra also made waves because of its huge backings. What he is really trying to say is, "I am against anything that will threaten the hold of USD".
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LiYang

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Re: What about this Libra project?
« Reply #5 on: July 19, 2019, 08:25:26 AM »
I don't understand why everyone is so worried about Libra? It is just a regular stable coin. That's all. Nothing interesting. Grams of Telegrams is another matter! This coin can flip this game like a flapjack. Find 5 min and read this article/analysis "Will Facebook and Telegram Kill Bitcoin and Ethereum?" - https://hackernoon.com/shall-facebook-and-telegram-kill-bitcoin-and-ethereum-tan4fbo

Paul76

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Re: What about this Libra project?
« Reply #6 on: July 20, 2019, 08:40:38 PM »
According to Reuters, French finance minister Bruno Le Maire told a news conference on July 18 that the G7 “cannot accept private companies issuing their own currencies without democratic control.”

https://www.zerohedge.com/news/2019-07-18/libra-will-upset-world-economy-if-it-isnt-regulated-tightly-g7-warns


What kind of "democratic control" are central banks subject to?

 >:( >:( >:(


LiYang

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Re: What about this Libra project?
« Reply #7 on: July 23, 2019, 09:41:49 AM »
What kind of "democratic control" are central banks subject to?

 >:( >:( >:(

As always, they only report to their boards of directors. And they don't care about "democracy". Funny fact - 49% of Americans and Brits don’t trust Facebook’s Libra.

ayatoslaw

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Re: What about this Libra project?
« Reply #8 on: July 24, 2019, 03:20:28 AM »
I am not very interested in the Libra project, because of what benefits we can get,
I care more about projects that are indeed more profitable for these coin holders, like Miracle tele for example, sharing 40% of the product income with the holder, I have never found such an extraordinary project other than the tele project,
can libra later be like that too ???

BabyDriver

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Re: What about this Libra project?
« Reply #9 on: July 24, 2019, 10:40:19 AM »
What for someone needs Libra?
It's a stablecoin like Tether or TrueUSD, so why people can just use them?

 

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