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Facebook STOCK INVESTORS are about to get RICH with LIBRA (Crypto Coin)



Facebook STOCK INVESTORS are about to get RICH with Facebook’s NEW Crypto Coin – LIBRA. Facebook will raise up to $1 Billion USD.

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LIBRA Specs and facts, TLDR;
– You can buy Libra or cash out online OR at places like grocery stores
– Lets you buy products or send money for “almost” zero fees
– Spend it with wallet apps or Facebook’s “Calibra” wallet (integrated with WhatsApp & Messenger)
– They’re in the testing phase for a public release in the first half of 2020
TECHNICAL FACTS
– Every transaction is written into the Libra Blockchain (which is verified and authenticated by the node operators which are big business and fortune 500 companies with a minimum market cap of $1 Billion USD, be in the top 100 S&P, and/or reach 20 million people a year)
– It doesn’t run fractional “reserve” banking
– One dollar per one unit of Libra which is then burned upon converting back to the dollar
– Runs on a public online ledger with a speed of 1,000 transactions per second (Compared to Bitcoin’s 7 TPS)
– Uses a system known as Byzantine Fault Tolerance with just two-thirds of the nodes needed to come to consensus
– Still considered a “PERMISSIONED” system in that the nodes must fulfill certain requirements to participate in the network
– Allegedly goal is to go decentralized and “PERMISSIONLESS” with a system that uses proof of stake

ABOUT: Urgent Stock Market news: Facebook announces it’s top secret project LIBRA (tomorrow @Tuesday June 16, 2019) which is not a cryptocurrency coin at all, but what’s known as a “Stable Coin”. Similar to Tether, it’s aimed at crypto investors who want to take their cryptocurrencies like Bitcoin and provide them with a safe haven to transfer into something more stable. In turn, Facebook hopes to raise more than ONE BILLION dollars from it’s investors such as Visa, Mastercard, Paypal, Spotify, Uber, Lyft, Stripe, Coinbase and many more. This has huge implications for Facebook’s Stock Price, and for their investors.

#FacebookStock #StockMarket #Investing

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22 Comments

  1. LIBRA Specs and facts, TLDR;

    – You can buy Libra or cash out online OR at places like grocery stores
    – Lets you buy products or send money for "almost" zero fees
    – Spend it with wallet apps or Facebook’s "Calibra" wallet (integrated with WhatsApp & Messenger)
    – They're in the testing phase for a public release in the first half of 2020
    – Allegedly financial data will not be "connected" with your social data so your info will not be sold

    TECHNICAL FACTS

    – Every transaction is written into the Libra Blockchain (which is verified and authenticated by the node operators which are big business and fortune 500 companies with a minimum market cap of $1 Billion USD, be in the top 100 S&P, and/or reach 20 million people a year)
    – It doesn't run fractional "reserve" banking
    – One dollar per one unit of Libra which is then burned upon converting back to the dollar
    – Runs on a public online ledger with a speed of 1,000 transactions per second (Compared to Bitcoin's 7 TPS)
    – Uses a system known as Byzantine Fault Tolerance with just two-thirds of the nodes needed to come to consensus
    – Still considered a "PERMISSIONED" system in that the nodes must fulfill certain requirements to participate in the network
    – Node Operators are incentivized for making customers go through KYC (Know Your Customer) laws and will be rewarded a small % of fees back to the nodes
    – Allegedly goal is to go decentralized and "PERMISSIONLESS" with a system that uses proof of stake
    – Code is open source with an Apache 2.0 license and MOVE coding language to build DAPPS and smart contracts
    – Link to white paper in the video description

  2. Interesting video. Great analysis of the Libra token. Even though facebook already has private information, it would be wrong to accept to give them more information. A bank has lesser functions and controls your money only. What will happen next? Facebook will offer home loans around the world at a more competitive rate than the banks? Although sharing information for a good cause seems fair, there are more respectable ways to help others. Crypto currency was created like the separation of powers exists in a democracy. In other words, it was created to protect people against governmental corruption. It was created to provide check and balances for the world to scrutinise. It was also created so everyone could have equal opportunities and much more. There are countries still fighting for privacy laws to be enshrined in their Constitution. Facebook makes money because it studies the browsing history of its users to sell products through the Facebook's affiliates' program. Allowing Facebook to access personal information would be against basic societal inherent rights. It took a log time for society to accept and to adopt legislation to protect the privacy of individuals. Human beings should act with their free will. Even though personal information is digital, it still represent the identity of someone. The cryptocurrency world would benefit from the adoption of the Libra Coin. It would guarantee the adoption of cryptocurrencies for the years to come around the world. However, sharing personal information to a third party could be detrimental to the idea of a decentralised governance. Facebook must be regulated in order to prevent a financial authoritarian regime.

  3. There are certain people in this world that control forex pricing, print all the worthless paper money and keep certain countries in the world poor for a reason and they will not let Facebook create there own currency

  4. Yeah! You are right. It is cheaper to wipe your ass with paper bills than with toilet paper in my country. Regards from Venezuela! 🙋🏻‍♂️🇻🇪

  5. great video. the toilet paper part is hilarious… about the topic.. first of all I don't use facebook or any social media.. I don't like them.. ¿what would be the reason to use them? .. I live my life without the necessity of publishing whatever I do.. everybody should enjoy and care more of their own shit.. going back to the main topic, the only fear I have with LIBRA is that it could become the biggest centralized currency in the world. where the few people in power know everything and control everything. It's like our current centralized system but perfectly executed. Zuck says that he promise to keep our information private. I wouldn't risk myself to trust in something that could take such a horrible path. I really don't like it. My guts are screaming. Such a power should go to the people and not to a few. I prefer the vision of IOTA.

  6. This is why Facebook Wants Control of Your Money: Libra Coin 
    Facebook and the companies join with Facebook are the Card Magician. 
    They are not just the card magician, they are the cards.
    Everyone knows the house wins and everyone else loses.
    Even the banks and the government. 
    Facebook and the companies that join in the Libra Coin, wants to be the new Government and King of the world.

    How many politicians will be getting paid by lobbyists anymore by this company? Saving them, in the billions, and they can fire the people that were hired getting paid to lobby the politicians. With blockchain, they will not need to hire more people, they will even be able to fire even more people.

  7. I don't see it like that at all, Libra isn't designed to interact with crypto currencies, it's designed to seamlessly pay for services and products advertised on Facebook to drive more traffic and hence more adverts on to the platform. In turn this creates a huge cash flow for Libra to invest with.

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