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What's Facebook Libra? How Does It Work?

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Thanks, I really appreciate your knowledge and support for the forum and the good information that you give to us. It is important to have this knowledge that means there are efforts for Libra to be based on blockchain technology and make a cryptocurrency that is maybe decentralized although I think there will still be control and a centralized force that will be able to rule all accounts and block transactions if they want.

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The libra haven't clear their mechanism and facing many legal difficulties. The libra project is not held and their team is working on it. The CEO Facebook mark zerbark have announced their team team will focus on another projects and hold libra for now. Their for we don't have any new update regarding Libra Coin. 

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I know about Libra since it was in the news for a few years now but lately it has been a cooldown and nobody seems to be interested right now. I was hoping for some news and trying to find ways we can make a profit from commerce through facebook perhaps with it. I don't know yet if it will be released or not but I hope it will and I will try somethings with ecommerce if it will.

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What we know about Libra is that they still plan how to make it accepted by Central Banks and governments. They are trying to push this digital currency and I think that it will be a success when they make it. I hope this will be accepted too as it will be a cryptocurrency similar to ripple but in stable coin price format and it can help the cryptocurrency market rise.

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I don't think we can talk about how Facebook libra works, because Facebook libra is not going to be released and I'm not sure Libra can be launched. Even if Libra could be launched, it would only be a low-fluctuating centralized coin. We need cryptos that have high price fluctuations so that they can benefit us.

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Can you explain more my dear friend. When it will be launched and what is the plan next. I am listening a lot about it but didn't know when it will be launched.

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You won't be trading libra because it will not have price changes, it will be stable as a price. It is also not used yet and perhaps it will be one day and we have to see what it will do exactly.

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After Facebook launched its new currency and everyone expected that it would be one of the most expensive currencies in the cryptocurrency market, we were surprised that its price is very normal and has not been supported by Facebook at all, and if it was supported, its price would be much more.

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I did not know that this project will be completed, but I think that it will be closed to great lengths by all those who use Facebook and thus all their movements will be preserved and kept confidential.

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My friend, the Libera currency, which will be launched soon from Facebook, will be a distinct currency because of the great support it will receive from the support of the largest social media platforms, Facebook, and I call for all to trade it during its release.  For using several payment methods, including cryptocurrencies. Thank you very much

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Facebook's Libra has created a lot of expectations in the crypto world. Some predicting that very soon after its launch, it is likely to surpass the price of Bitcoin. But the launch has been considerably delayed. 

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