Facebook is launching a cryptocurrency, what is it, why you should care, and what does it mean for Bitcoin?

Sources
https://www.forbes.com/sites/stevenehrlich/2019/06/05/what-everyone-should-know-about-facebooks-foray-into-cryptocurrency/#50bb2576e6c8
https://www.coindesk.com/facebook-to-roll-out-globalcoin-cryptocurrency-in-2020-report-says?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20
https://www.theblockcrypto.com/tiny/report-facebook-plans-to-create-independent-foundation-to-manage-its-cryptocurrency-will-charge-members-10m-licensing-fees-for-right-to-operate-node/
https://news.bitcoin.com/zuckbucks-or-bust-how-sec-rulemaking-hurts-startup-cryptos-and-favors-big-tech/

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24 COMMENTS

  1. RECOMMENDED EXCHANGES & WALLETS

    GET FREE CRYPTO

    ABRA – GET $25 IN BTC – (US bank deposits or AMEX)- https://invite.abra.com/p9lwV0WqCR

    COINBASE – GET $10 Free Bitcoin on sign up! https://bit.ly/2zqeVfV

    LIQUID – GET $10 FREE QASH (verify & make $100 trade) – https://www.liquid.com?affiliate=Gtrf6wJG586147

    TAKE YOUR SECURITY SERIOUSLY – GET A HARDWARE WALLET

    LEDGER NANO https://www.ledgerwallet.com/r/6877

    TOP EXCHANGES

    BINANCE – #1 Crypto Exchange https://www.binance.com/?ref=10192350

    BINANCE JE – BUY CRYPTO IN POUNDS & EURO https://www.binance.je/?ref=35019746

    CERTIFIED CRYPTOCURRENCY BROKERAGE

    CALEB & BROWN – Brokerage – Trade OTC like the big guys https://bit.ly/2Feq8F6

    LEARN TO TRADE AND MASTER CHARTS

    TRADER COBB 10% OFF CODE THELARK10 – https://tradercobb.com/?ref=169

  2. Lb is an abbreviation of the Latin word libra. The primary meaning of libra was balance or scales. The libra is also why the symbol for the British pound is £—an L with a line through it. GOT THAT? READ AGAIN!

  3. Zuck bucks ?? awesome, global coin is a total nightmare, truly frightening given the possibilities and the ignorance on Cryptos and the details in terms and conditions. Supprised he didn't call it new world order coin or slave coin but that means he'd be telling the truth.

  4. If you do not think the right things, you will be blocked from using services, or perhaps even your funds. Google and Facebook learned so much from Chinas social credit system. With Conservatives being banned and shadow banned and even blocked on social media. Silicon valley is trying its best to control every aspect of your life now they are going after your wealth and will control it !!!!!

  5. If you’re concerned with Facebook knowing too much or having too much access to your private data or social graph, the Libra will give Facebook even more direct access to your financial information It’s not just access to the information of your transactions, it’s direct access to your wealth and capital. coin is the most invasive and dangerous form of surveillance they have devised thus far. This will easily become the most dangerous antitrust case in history.

    This project is the antithesis of bitcoin and is another step towards total control of data and users. The consortium of companys are centralized companies in their dethrones Visa Mastercard etc trying to reinvent themselves in a new smart digital economy whilst staying staunchly centralized. The Libra coin presents the dark side of crypto dressed up in pretty pictures and trendy graphics , Libra constitutes a bastardization of crypto and an unholy alliance of centralized entities who want to control you dont be fooled this coin needs to be fudded to death !

    Il take my chances with the purest crypto on earth which is BTC . Long live the blockchain long live Bitcoin

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