Despite the dangling global launching date of the Facebook Libra coin, investors are still have keen interests on where to push their money on.
Facebook as being a multi-billion dollar business, the prosperity of the Libra coin is expected to be a potential investment and at the same time being compared whether it will surge to that of Bitcoin.
The truth is that Libra coin is not going to rake you a huge returm on investment just like other cyrptocurrency – Bitcoin, Ethereum, Dodge.
The reason is because Libra coin is just like a hybrid currency in nature. Its value is tied to any legal tender like the dollar.
To hold and trade Libra, you’ll ought to use a “wallet”: an app which may be integrated into existing apps. This will work in a way to let several developers create their own wallets.
That’s one amongst many ways in which Libra can attempt to avoid the abuse or manipulative use of cryptocurrencies.
This isn’t a coin that you just obtain as a result of you think that it’ll grow a hundred times as valuable. It’s a lot of like exchanging a dollar for a monetary unit.