The Libra dilemma and the Facebook combat!

The Libra dilemma and the Facebook combat!

By alberdioni8406 | S.O.S | 20 Jan 2020


It's pretty interesting to note all the efforts conducted by the Libra Association to get their project out to be proved by the consumers and our badly the Facebook CEO is consuming energy to get it approved by Regulators.

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I actually loved to see the stablecoin project out to see what it will bring new to the space, but also with many concerns about the project.

But those are just my concern and we can debate them later.

The Thing is there's a dilemma for the Libra Project to be launched yet this year and, the regulators doesn't want to make things easy to the Facebook Project of global stablecoin.

Maybe, it's time to rethink the strategy and act first as a local stablecoin and then Expand the services to other locations... Just a humble idea, that makes senses after all, the Regulators authorities issue here is the Lack of uncertain about the project.

The Main Corporation behind the project, Facebook Inc, is not quite famous in terms of data security so it comprehensive that authorities also are affraid to give a "go" to a Corporation with that bad reputation to secure People's fund!

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And one thing that actually let this big corporation to create their own projects, is to compete with Bitcoin BTC, a well established asset with Billions of Dollars in Market gain and proved from the masses, that is what they want to the future...

Mr. ZuckBucks, it's more easier to adopt than create a global stablecoin service... adopt Bitcoin and be Free!

*All images used in the Article are from Pixabay.com and are free for commercial use.

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alberdioni8406
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