So will Facebook start allowing Crypto ads once Libra launches? Will it paint crypto in a good or bad light, since it's easily regulated and can also be used to regulate it's potential users won't there be a propaganda that re world needs a centralised Crypto rather than once that can't be unchecked?
I'm just asking this might become different so fast apart from the positives that this guy saw.
Posted Using LeoFinance Beta
Well it will not be crypto as we understand it to be. It will be more a digital currency similar to CBDCs but from Facebook and not a central bank.
I doubt they will advertise crypto since it could be looked at as competition. They do not want people migrating away from FB to Hive for example. And they certainly dont want someone using Tether over Libra.
Posted Using LeoFinance Beta
Exactly what I'm thinking. A lot of people are saying it will advertise decentralisation and open doors for people to understand the concept of Crypto. Since it's not fully Crypto I doubt it'll even give people an inkling of what crypto is. My arms are crossed, although their idea of a digital currency was stolen from crypto.
Posted Using LeoFinance Beta