It is expected that today Facebook will publish full information about its own “cryptocurrency” project Libra . However, now we have some information.
In particular, it is known that Mastercard, Visa, Stripe and PayPal have already paid $ 10 million to become validators on the network, which provides access to related data.
Facebook’s goal is to attract 100 companies to Libra, which will allow Zuckerberg and his company to quickly raise $ 1 billion.
Of course, the cryptocurrency segment of Twitter is also full of all kinds of information and conjectures:
“Three years ago I argued with Facebook’s management that they would release their coin, then they laughed … Now the FB coin is going to make a massive crypt market.”
I made a bet with Facebook executives 3 That for They ago years are going to launch a coin, for They Were laughing back … the then $ FB coin is going to the make #Crypto mass market
– Yoni Assia (@yoniassia) June 14, 2019
“The key differences of Libra Facebook are a gradual evolutionary construction of the current payment system, another step towards overcoming financial supervision of WeChat.
Bitcoin is a revolutionary, completely new technological way that preserves financial confidentiality. ”
Key distinction:
Facebook's Libra is an incremental evolution system * one build on the current payments system, one step further.
Bitcoin is * revolutionary * – a completely new technological path that could preserve financial privacy. https://t.co/hVvn7GkWqQ
– Alex Gladstein (@gladstein) June 15, 2019
Unlike Libra, Bitcoin is a system that anyone with computing resources to run a full node or miner has access to . They are available for purchase for less than $ 10 million.
“I cannot believe that there are people who protect Libracoin. These companies control all your data, now they will control your money. ”
I cant believe there are people advocating Libracoin. You will control your money too. It’s the beginning of the west.
– Beastlorion (@Beastlyorion) June 15, 2019
Facebook is reportedly committed to making Libra accessible to everyone and offering financial services to 1.7 billion adults around the world who are not covered by banking services.
The emergence of LiBra will move the social networking giant to the financial services industry or fintech. Despite the fact that it is steyblecoin , some experts believe that it may adversely affect bitcoin.
Other Twitter commentators believe this is a conspiracy, and Ripple (XRP) is the inspiration for Libra.
As you can see, until today, fantasies have been very different.
Publication date 18.06.2019
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