[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 101 KB, 1024x904, 1557769017547.jpg [View same] [iqdb] [saucenao] [google]
14248128 No.14248128 [Reply] [Original]

How does Libra not kill everything except coins it cant replicate like XMR and LINK ?

it can just absorb all the good properties of everything else since it's doing smart contracts and being a currency as well

>> No.14248179

>>14248128
Cause nobody trusts facebook enough to invest in Libra? currency is about trust obv cause currency is a myth that we all choose to believe in. Hence, Libra will inevitably flop. stop trying to pump XMR and LINK pls.

>> No.14248187

it kills nothing

>> No.14248211

where the fuck do we buy libra

>> No.14248216

>>14248128
Because it's basically an excel spreadsheet run by facebook.

Let's see how immutable their transactions are when coins are inevitably stolen, or when zuckerbucks are used for non Facebook/sjw approved purposes.

>> No.14248221

>>14248179
apparently people do trust libra cause facebook has billions of users who give the creators of libra all their info

>> No.14248222

anyone who doesn't want jew cock permanently inserted into their rectum won't use libtard coin

>> No.14248230

>>14248128
Mfw when libra kills itself /an hero. :v

>> No.14248233

>>14248216
they already said they can refund your money if something happens to it. normies will love this feature

>> No.14248238

>>14248211
it's easy anon you just do kyc registration with a company that already knows everything about you, then you can buy through their app which tracks every interaction you do and also possibly your location oops

>> No.14248249

>>14248128
Centralized shitcoin. Bitcoin will eat it alive, screencap this

>> No.14248262

>>14248238
this
you pay a fee to sell all your data to those 100 corps
what a great deal

>> No.14248272

>>14248249
centralization has it's benefits like refunds for lost/hacked/stolen funds. normies dont really care about decentralization or currency in general. they just use whatevers most readily available, cheapest, and quickest

>> No.14248382

Libra will be the easiest 10x in 1 day

>> No.14248405
File: 3.55 MB, 320x240, 1557478926128.gif [View same] [iqdb] [saucenao] [google]
14248405

>>14248128
Um, that's what BCH is doing, plus it has the store of value as cherry on top.
Bitcoin(BCH) will win

>> No.14248415

>>14248405
if you have to specify that the ticker is not BTC then it's not bitcoin

>> No.14248418

>>14248272
A bit like a bank account hey?