Facebook currency libra

Jun 26, 2019 at 11:14
Vistas 2,578
41 Replies
Miembro desde Dec 18, 2018   posts 43
Jul 09, 2019 at 20:37
Facebook's Libra cryptocurrency faces more backlash
The Indian government has joined the Libra pushback, a report says.

In April 2018, all entities regulated by the Reserve Bank of India were banned from dealing in cryptocurrencies and virtual coins, although individuals trading currencies like bitcoin remains legal.

India considering not allowing the currency to be traded at all, according to a Bloomberg report Monday.
Miembro desde Jul 10, 2019   posts 10
Jul 10, 2019 at 09:04
There seems to be increasing regulatory discussion over crypto. I think this could be good in the long run but may cause problems for the current crop of cryptos. Libra could be best placed to take over
Miembro desde Dec 18, 2018   posts 43
Jul 11, 2019 at 14:44
Fed Chair Jerome Powell said : Facebook’s cryptocurrency raises - I have ‘serious concerns’ with Facebook’s crypto plans
Miembro desde Apr 18, 2017   posts 700
Jul 14, 2019 at 07:48
frankmartin1 posted:
Fed Chair Jerome Powell said : Facebook’s cryptocurrency raises - I have ‘serious concerns’ with Facebook’s crypto plans


Do you know? Libra is a stable coin? This is why, I don’t think it’ll be effective to the retail investors!
Miembro desde Dec 18, 2018   posts 43
Jul 20, 2019 at 20:27
@AniLorak did you mean stable coin wouldn't effect on investment markets?
Miembro desde Dec 18, 2018   posts 43
Jul 20, 2019 at 20:31
Anyway, just trying to guess what could be! Thanks, everyone for a participant. 😐
Miembro desde Apr 18, 2017   posts 659
Jul 21, 2019 at 13:48
frankmartin1 posted:
@AniLorak did you mean stable coin wouldn't effect on investment markets?


Basically; retail investors aren’t interested about stable coin since the prices are stable here!
Miembro desde Aug 27, 2017   posts 875
Jul 29, 2019 at 05:40
AmDiab posted:
frankmartin1 posted:
@AniLorak did you mean stable coin wouldn't effect on investment markets?


Basically; retail investors aren’t interested about stable coin since the prices are stable here!


That means there is no chance for ICO & IEO, isn’t ?
keeping patience.......
Miembro desde Apr 18, 2017   posts 700
Sep 29, 2019 at 15:42
As I see; now Libra is on huge trouble; because of regulation issue!
Miembro desde Mar 20, 2019   posts 10
Oct 01, 2019 at 10:21
well, that was going to happen one day, was very sure of that. such a big company launching had to be restricted.
Miembro desde Sep 13, 2017   posts 140
Oct 05, 2019 at 00:53
regulators want to shut it down, but if you actually look into the finer details, libra would be buying government debt (t-bills) from several nations for a somewhat stable value. The issue still remains that you are buying essentially IOU's and expecting it to work out in the end.
Be humble
Miembro desde Dec 18, 2018   posts 43
Oct 07, 2019 at 12:39
PayPal pulls out of Facebook's Libra cryptocurrency

PayPal has become the first company to drop out of Facebook’s Libra cryptocurrency, as the embattled project continues to face queries from regulators around the world.
Miembro desde Nov 28, 2016   posts 11
Oct 07, 2019 at 16:27
The only thing I see on these crypto's, is to vast amount of money laundering and large scale of fraud behind it.
Further than that, I don't see really an advantage of these things.
Miembro desde Apr 18, 2017   posts 659
Oct 09, 2019 at 16:22
BartenderFX posted:
The only thing I see on these crypto's, is to vast amount of money laundering and large scale of fraud behind it.
Further than that, I don't see really an advantage of these things.


Really? But I see; day by day the peoples are adding on. In addition, I liked the principle of BTC. My money means my money!
Miembro desde Dec 26, 2018   posts 29
Feb 10, 2020 at 17:19
I am totally agree it will not work out. All this currencies simply do not work at all eithier anyway no matter how do you look at it. Can we change something like that or not? You need to create a lot more backed by real money system on that.
Miembro desde Apr 18, 2019   posts 24
Apr 13, 2020 at 19:21
Very interesting what they are doing now in that certain manner for everything else out there, now it's COVID panic and people clearly use digital channels for information and about something like that unusual currency which many do not need at all.
Miembro desde Jan 25, 2010   posts 1288
Apr 13, 2020 at 19:40
The whole show is good info, but Libra starts from 54:00 (following the white paper https://libra.org/en-US/white-paper/ )
&
Miembro desde Jan 25, 2010   posts 1288
Apr 14, 2020 at 08:48
So how does Libra fit into The Plan of the Clans?
Listen from 55:00:

Miembro desde Feb 13, 2020   posts 21
Apr 17, 2020 at 12:15
It'll die. there is no reason for it to live.
Miembro desde Jul 01, 2019   posts 29
Apr 25, 2020 at 13:47
I do not think that this new curency is going to benefit anyone. We already have enough problems on our hands. This new curency has got some very positve comments since it was made public and people are not interested. What do you do with curency that banks do not even support. Better to just let it be.
Conectarse / Inscribirse to comment
You must be connected to Myfxbook in order to leave a comment
*El uso comercial y el spam no serán tolerados y pueden resultar en el cierre de la cuenta.
Consejo: Al publicar una imagen o una URL de YouTube, ésta se integrará automáticamente en su mensaje!
Consejo: Escriba el signo @ para completar automáticamente un nombre de usuario que participa en esta discusión.