JohnTravel 180 #1 Posted October 19 Through an interview with Noded Bitcoin on the podcast on October 11, US Republican Warren Davidson said facebook should add Bitcoin (BTC) to its portfolio rather than create a new currency like the Libra, in which one of The arguments are about possible filtered transactions or freedom of transaction, meaning Libra creates an antagonistic process with respect to distributed ledgers and decentralized cryptocurrencies, and has intensified its desire to repress space more broadly. For more information see:https://cointelegraph.com/news/us-congressman-facebook-should-add-bitcoin-not-create-libra?fbclid=IwAR0BFADyYj2_0LP6Io3A9ptmhcHxGBKWDVf-UQxeMEqjvFG8hjQ7TfsYjqI 2 Sokah and Chikou1306 reacted to this Quote Share this post Link to post Share on other sites
Chikou1306 93 #2 Posted October 19 well, facebook wants always to be creative, they would rather to create their own thing ( or copy any feature with some updates ) instead of adding an usual thing, they wont add bitcoin, they think their libra coin will beat the bitcoin, and i'm afraid they are right, facebook is the number one site and launching their own cryptocurrency may destroy the btc market ! anyway, lets wait and see what could possibly happen. Quote Share this post Link to post Share on other sites
CaptainLorca 880 #3 Posted October 19 Hmmm.. I believe Libra got cancelled? 1 Chikou1306 reacted to this Quote Share this post Link to post Share on other sites
Chikou1306 93 #4 Posted October 19 47 minutes ago, CaptainLorca said: Hmmm.. I believe Libra got cancelled? hey lorca, any sources please ? Quote Share this post Link to post Share on other sites
Dboyeric 243 #5 Posted October 19 Various partners has pulled out fron libra project Quote Share this post Link to post Share on other sites
jamyr 47 #6 Posted October 19 3 hours ago, Chikou1306 said: . . . snip. .. . , facebook is the number one site and launching their own cryptocurrency may destroy the btc market ! anyway, lets wait and see what could possibly happen. A good competition may totally disrupt btc markets but to have a competition in the scale of what facebook can offer, there might be good ideas that would come along with Libra. I'm not against btc also not against new ideas. Quote Share this post Link to post Share on other sites
JohnTravel 180 #7 Posted October 19 4 hours ago, CaptainLorca said: Hmmm.. I believe Libra got cancelled? I don't know, but from what I have noticed congresses are going for it, or all of this is just to add extra charm and attention. I have noticed that some are questioning this because it is the reverse of currency as it centralizes power in the hands of a large company rather than maintaining the decentralized scheme pattern. Quote Share this post Link to post Share on other sites
Chikou1306 93 #8 Posted October 19 3 hours ago, Dboyeric said: Various partners has pulled out fron libra project i think they found out that the project has already failed before it started ! Quote Share this post Link to post Share on other sites
iulianbutanu 31 #9 Posted November 2 No, the point is that they want to control everything. This is the reason, nothing more. Damn Zuckerberg, that guy is a maniac. 1 Sokah reacted to this Quote Share this post Link to post Share on other sites
sourc3code 131 #10 Posted November 3 On 18/10/2019 at 20:41, JohnTravel said: Through an interview with Noded Bitcoin on the podcast on October 11, US Republican Warren Davidson said facebook should add Bitcoin (BTC) to its portfolio rather than create a new currency like the Libra, in which one of The arguments are about possible filtered transactions or freedom of transaction, meaning Libra creates an antagonistic process with respect to distributed ledgers and decentralized cryptocurrencies, and has intensified its desire to repress space more broadly. For more information see:https://cointelegraph.com/news/us-congressman-facebook-should-add-bitcoin-not-create-libra?fbclid=IwAR0BFADyYj2_0LP6Io3A9ptmhcHxGBKWDVf-UQxeMEqjvFG8hjQ7TfsYjqI I think this is the whole point of them creating their own coin as opposed to adopting one for use thats already been built. They're able to centralize its use while still getting the other positive properties that cryptocurrencies have over traditional banking in such an environment. Will prob be a decent coin to invest in if youre into that sort of thing, however do know that by investing in a coin you're supporting their cause. If thats something that matters to you. Quote Share this post Link to post Share on other sites
Sokah 9 #11 Posted November 3 Bitcoin will rule over Libra, people will mainly use it to trade. Quote Share this post Link to post Share on other sites
Huggies 1 #12 Posted November 19 On 02/11/2019 at 02:59, iulianbutanu said: No, the point is that they want to control everything. This is the reason, nothing more. Damn Zuckerberg, that guy is a maniac. Pretty much this. The battle plan is always to strip competition of any standing platform and then add ways to spy on the customer. It would be one of those coins that has connections for companies to track users in a fashion that would bring in major profit for Facebook. There is also the aspect where he wants to get back at the twins and cost them some heartache. Libra group fell apart but its not dead, just on the backburner for now. They have their fingers in a lot of pots right now and continue to tentacle out into the webs. Facebook and bitcoin would be a bad connection as well. We would face more restrictions as they attempted to control aspects that government frowns on. Quote Share this post Link to post Share on other sites
