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RE: Facebook is "tied" to the chain with Libra

in #blockchain5 years ago (edited)

My comments about Libra from a similar post:

"A good subject you have opened. In my country crytpocurrency knowledge has not developed much. So many people use Facebook but they are even not aware of Libra or whatsoever called cryptocurrency.

I think that after privacy scandal Facebook has lost confidence all over the world. Thus their new crypto currency gives a fear about privacy.

With 27 co-corporations Facebook's Libra has a strong potential to expand and hand over of the control of monetary and fiscal policies from states to companies. Therefore a ban is likelihood from some countries.

It looks, as well as other cryptocurrencies, global regulations should be acted for Libra too."

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Dear @videoaddiction thank you for coming.

I think that after privacy scandal Facebook has lost confidence all over the world. Thus their new crypto currency gives a fear about privacy.

This is right, the scandal of privacy has made people lose their confidence in Facebook, however, this does not deny the fact of the large number of people who use this network and do not know anything about cryptography, I think Libra will open the eyes of many towards the cryptographic world.

In our case, Venezuela is a country that led the first months of this year the tranacciones with BTC. However, a high percentage of Venezuelans do not know cryptography, but they use Facebook daily, so I still believe that despite the scandal, Libra will make the cryptographic world known to many people and that suits us all.

Thanks for your great comment brother.

Dear @videoaddiction

I think that after privacy scandal Facebook has lost confidence all over the world.

You nailed it. They have lost trust and on top of that Facebook is being considered "old-people" site by young generation. That will not help them in the future.

Cheers
Piotr

They have lost trust and on top of that Facebook is being considered "old-people" site by young generation. That will not help them in the future.

That is funny and true at the same time @crypto.piotr.

I have developed an "allergy" to Facebook after hearing what they have done. I don't trust them at all.

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