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Is Facebook's Libra dead? The future of the project

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18 hours ago, Saboor said:

Yea,, we are facing a lot of crisis, especially the pandemic which is killing and affecting thousand of people, we don't have peace now, so libra wont have effect this year

yeah i concur with your statement saboor, I this corona virus pandemic has really crepled the world economy down all economic activities, works sports, all social activities suspended, only waiting for a vaccine or cure for this pandemic before everything can resume. 

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3 hours ago, Yunusalemu said:

yeah i concur with your statement saboor, I this corona virus pandemic has really crepled the world economy down all economic activities, works sports, all social activities suspended, only waiting for a vaccine or cure for this pandemic before everything can resume. 

Yea, if we are patience enough and we should abide by the government rules, we will surely be among the survival of the pandemic, by then we will have a better plan for cryptocurrency

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10 hours ago, Summi said:

Yes it is facing that widll the government I know of that, that is why there is no update about it.

There are things i like about Libra, but i also hate it because it is gonna fill in into the centralized coins, the more there are out there the more decentralizations is going to end.

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16 hours ago, deepown said:

There are things i like about Libra, but i also hate it because it is gonna fill in into the centralized coins, the more there are out there the more decentralizations is going to end.

As far you like something about libra, then forget about it centralization aspect of it, let see how it will able to fit in cryptocurrency and how our perspective will change toward it

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3 hours ago, Saboor said:

As far you like something about libra, then forget about it centralization aspect of it, let see how it will able to fit in cryptocurrency and how our perspective will change toward it

It will bring very important changes but then, people likes the decentralized coins better than they do the centralized.

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Just now, deepown said:

It will bring very important changes but then, people likes the decentralized coins better than they do the centralized.

what kind of changes are those that will make you risk your very privacy, tell me about it, it gotta be special.

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17 hours ago, deepown said:

It will bring very important changes but then, people likes the decentralized coins better than they do the centralized.

If it will bring important changes, so why are you disputing libra now, we know it is centralized, but even ripple is centralized coin and it has been performing good in cryptocurrency

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8 hours ago, Saboor said:

If it will bring important changes, so why are you disputing libra now, we know it is centralized, but even ripple is centralized coin and it has been performing good in cryptocurrency

Ripple has been performing well, but it no a coin most people loves and that is becaude of it's centralization features.

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8 hours ago, Summi said:

Yes but that will make the decentralised to be one of the most important coins in the world because they will be rare.

Been rare is only bad for them because it will make them not used mostly and people would simply prefer coins that are easily acceessible.

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20 hours ago, teminalibug said:

what kind of changes are those that will make you risk your very privacy, tell me about it, it gotta be special.

They might provide security and insurances and protection from scammers, people would want nothing more.

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Just now, deepown said:

They might provide security and insurances and protection from scammers, people would want nothing more.

Argh! that is the bullshit they keep convincing us about, do not listen to that bullshit brother, you are smarter than that.

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18 hours ago, deepown said:

Ripple has been performing well, but it no a coin most people loves and that is becaude of it's centralization features.

Yes, it centralization has lead to different accusations of this project, but if you can believe in that project, you just need to forget about the centralization nature of the coin

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4 hours ago, Saboor said:

Yes, it centralization has lead to different accusations of this project, but if you can believe in that project, you just need to forget about the centralization nature of the coin

But that is just it right there i do not want to believe in any of the centralized coin, we should all not, they are bad for business, just because they give you profit do not let them justify themselves.

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18 hours ago, deepown said:

But that is just it right there i do not want to believe in any of the centralized coin, we should all not, they are bad for business, just because they give you profit do not let them justify themselves.

So you are trying to tell me I should even don't have interest for ripple because it is among the centralization coins, there are coins that are worth to be hold in centralization coins

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6 hours ago, lovecrypto19 said:

Many have discussed this problem, every topic, every page. but the fact is that the project has never been launched in public, because this project does not have any more information for now.

All the information about this coin are in their official website the only information we need right now is when would it be released and if it would be released at all.

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On 10/22/2019 at 8:57 PM, cryptogcfr said:

During the second quarter of this year (2019), the crypto world witnessed a positive patronage which led to a big gain in the value of Bitcoin and other cryptocurrencies - all thanks to the announcement of an upcoming launch of digital coin by Facebook. But. it was not just the announcement that attracted the positive vibe but the reputation of business giants that joined the consortium - Mastercard, Visa, Paypal, eBay, Stripe and others. However, I read recently that those organisations have all dropped their support for the project and I'm worried and feel that the action will affect the launch of the crypto coin negatively, which indirectly may impact the blockchain and cryptocurrency economy in a bad way. I wonder if you are thinking like me or you have a different opinion. Please share what you think will happen to Libra. Do you think Facebook will still go ahead to launch it? 

https://www.coindesk.com/ebay-stripe-follow-paypal-in-quitting-facebooks-libra-project

I don't think people are really interested in using centralized coins like libra. Crypto is known for its decentralization and anonymity. But now it has became totally opposite. 

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What I believed, my friend, is that cryptocurrencies and blockchains are now among the most powerful in controlling the global market, and small decisions no longer affect them very much. I have proven their strength and merit in the past few years.

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On 22.10.2019 at 19:36, Zzoro6110 said:

I think the majority of professional traders do not welcome this currency and I think it will not work and will die over time

I also think that the success of the coin will not be in terms of trading. And if the coin remains, it may only have a demand among users.

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3 hours ago, lovecrypto19 said:

That's what I mean, related to the launch.
If it is true in the middle of the year, but why is there no more discussion? whereas such news should be raised again. so people know about it.

The only discussion we been seen is how Libra is not a good coin and news of partners leaving the project.

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11 hours ago, lovecrypto19 said:

Most of the negative news obtained by the Libra project. Unlike the case at the beginning, there is still a lot of good news. but the more the bad news goes there. Like partners who leave or leave the Libra Coin Association.

So you still have high hopes that this project could actually push through? I like what this project says they will offer, at the same time i do not like centralized coins, so i do not much care what happens to it, anyway let see what would happens seems like some of you guys have some faith.

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23 hours ago, deepown said:

I will give you two reasons why you should never  invest on ripple.

  • The 20xrp that remains in the wallet unspendable means xrp should never rise so high to make sure that 20xrp is affordable.
  • With XRP the governments are taking back control of your own money that bitcoin entitled to you.

You are right and this is kind of shortening the supply of their currency, so that every 20 ripple will be the developers assets which is totally very wrong. Thank for making me understood

  • -1 1

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5 hours ago, wilbertson said:

I heard even the government is not accepting this coin even though it is centralized, maybe it is not that bad to us.

For as long as it is centralized it is always bad, we may not see the effect now, but in the future we would.

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18 hours ago, lovecrypto19 said:

I know that, you have said before that you don't like centralized coins, one of which is XRP. But for the future I do not know anymore, whether libra will get support again or even many people who do not care.

I think most do not care, but if it will push through many would support it, probably even those partners who have left the project.

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Now the world is facing pandemic where economic is  fall down to earth.The new project can be successful and make good run for long time.The project will collapse in few months the face book will hold their project and launch it next year when the economic is stabilised world wide.

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