John United Kingdom (UK) 1 Question 8 Answers 0 Best Answers 326 Points View Profile6 JohnLevel 3 Asked: October 28, 20192019-10-28T14:06:07+00:00 2019-10-28T14:06:07+00:00In: Business & FinanceWhat is the future of facebook libra?6Facebook is going ahead with Libra. Would it change the future of online payments?BlockchainCryptocurrency ShareFacebook 2 AnswersOldestShah 0 Questions 5 Answers 0 Best Answers 106 Points View Profile Shah Level 1 2019-10-28T14:13:11+00:00Added an answer on October 28, 2019 Facebook’s Libra is a type of digital currency or in other words, it is a cryptocurrency. The unique attributes of Libra would be that it would transfer instantly to any part of the world with no fee or charges. That implies that it would be much higher popularity than the traditional currencies.Libra is developed by using the same principles as of Bitcoin. However, Libra would have more stable value than Bitcoin, which would be pegged/based on major international currencies, for example, the US dollar and euro.Libra can easily get the recognition but initially will struggle with regulations.1Reply Share ShareShare on FacebookShare on TwitterShare on LinkedInShare on WhatsAppSanzone United States (US) 0 Questions 1 Answer 0 Best Answers 23 Points View Profile Sanzone 2019-10-28T16:29:51+00:00Added an answer on October 28, 2019 There is more growth potential for libra than other cryptocurrencies. Even traditional currencies are now digital but bank imposes hefty charges for cross borders. Therefore, Libra will be quickly acceptable by both retail and business customers.1Reply Share ShareShare on FacebookShare on TwitterShare on LinkedInShare on WhatsAppLeave an answerCancel replyYou must login to add an answer. Username or email* Password* Remember Me! Forgot Password?