A centralized digital supercurrency controlled by the most untrustworthy company on the planet

>a centralized digital supercurrency controlled by the most untrustworthy company on the planet
>backed by MasterCard and Visa, many other Fortune 500 companies
This is actually the end this time. The world is actually fucked if this takes off.
Why isn’t Jow Forums talking about this? Your ability to participate in the economy is under attack. They want to literally starve wrongthinkers.

Attached: 82ABF905-9835-449D-9FBC-4E06DD642C93.png (2321x1303, 436K)

waiting to buy my bag, stay poor fag

no one is going to buy into this bullshit, no one actually cares about or uses facebook anymore

its a stable coin wont have much volatility to trade for big profits.

it's a stable coin backed on a basket of currencies since fiat currencies have from 2% to 6% on average inflation this shit will have 3% inflation if lucky.

It will pump bitcoin many bizraelis have speculated wisely that this is an attempt of corporations into buying bitcoin legally with the muh basket of currencies cover since btc inflation will be bellow fiat next year.

Overal it's not a true crypto but not a cryptolarp not as descentralized as bitcoin but not as centralized as paypal.

It's a weird hybrid and it pains me to say this but zuckbucks are not going to be that bad relative to a fiat currency.

Attached: 1d067f3721f10f0a76439de9860a4e54.png (3693x1917, 217K)

>a centralized digital supercurrency controlled by the most untrustworthy company on the planet
the credit institutes like Visa and Mastercard will do the banking part. facebook just provides access to its billions of users across all their platforms.

>many other Fortune 500 companies
makes it a bit more trustworthy because it decentralizes the risk.

>The world is actually fucked if this takes off.
not really, other currencies won't vanish because of this.

>They want to literally starve wrongthinkers.
just use a different currency for your purchases
problem solved.
or are you starving because paypal locks you out?

Attached: 1556043950988.jpg (680x408, 35K)

You won't be able to use it to buy drugs, and thus it'll never really take off.

Attached: 1552630872386.jpg (525x645, 58K)

This , hell even zuckercuck is already under attack by the left for this.

Many keynsian fuckers even expected this to be a cryptolarp and they are asshurt that it's actually a true crypto even if a stablecoin and semicentralized.

They are scared shittless of zuckbucks because companies like paypal , mercadopago , payu and basically every digital payment company is in it.

The banks , the regulators and keynsians are scared of this thing for real.
Unironically those that like cryptos like bitcoin are even supportive of it since we all expected it to be a larp that could not be transacted outside facebook TM exchanges , it's going to be a true crypto minus the printing that it's going to be controlled by a reserve of fiat shit.

Attached: 1560909690869.jpg (640x480, 81K)

also reminder to buy more chainlink

Attached: Sergey_Nazarov_SmartContract_00.png (88x88, 16K)

>tl;dr I have bitcoin plz buy libra
you guys are full of shit and this one world currency is too

No, it is not a stablecoin. its a crypto pegged to a basket of assets like usd , euro, yen & shit.

>its a stable coin wont have much volatility to trade for big profits.
it has no volatility and isn't meant to be traded for profit (or loss, kek) at all. it is functionary only. you buy it to access the payment network so you can pay for your goytoys using your facebook linked app.

There's two possibilities for this shitcoin. Either it never takes off and dies within a year or two or this is the one world currency prophesied and is the mark of the beast. Guess only time will tell

Notice the logo

Attached: D76ABA90-EF56-443A-A299-7E25C9DFDA2F.jpg (260x275, 24K)

>it has no volatility
it has volatility, read the whitepaper. (not as extreme as BTC tho) this user expains it good >and isn't meant to be traded for profit
of course it can be traded for profit, every currency can be traded for profit.

>you buy it to access the payment network so you can pay for your goytoys using your facebook linked app.
nope
>The current plan is to let many developers make their own wallets.
also
>It will immediately be available on WhatsApp and Facebook Messenger, and through several other Libra partners.

Hopefully someone kills Zuckerberg soon.

We are full of truths , truths that can break a man, once you realize the ponzi the west has been since the introdution of central banking you will take the cryptopill fast.

Bitcoin will be near 200k usd each by 2021 screencap this.

No

In Minecraft

>central bank push libra
>let's adopt libra to fight central bank
totally make sense moshe

Central banks don't push libra , there have already been calls to shut it down by the democrats in the usa.

Also the companies supporting it are not banks but what you could call digital payments , the closest to banks are visa and masterdcard , but the rest of the companies are those that have been fucked by banks like paypal or mercadopago constantly being attacked by regulators.

I was shocked when i read the whitepaper i expected it to be way way much cucked than it already is.

I was even more shocked when the democrats asked facebook to suspend it's development not 24 hours after the release of their whitepaper.

Attached: 1560899462560.png (807x439, 49K)

>Central banks don't push libra , there have already been calls to shut it down by the democrats in the usa.
calm down now are you totally retarded ? did you see who is backing libra ? how the fuck is this not central bank. Who the fuck care what the democrats says or do both side are clown for the clown show
you not gonna tell me anything from jewbook and kikepal is not fucking posed or you should get the fuck out of here

>No
you mean YES.

No bank partners , "digital banks" maybe but those are companies that have been under attack by traditionals banks for 10 years like paypal or mercadopago.

Companies constantly cucked by banks into adding them as a middle man taking a fee for no reason.

There is a reason your account can be frozen in paypal for no reason and no it's not because they are muh bad company.

If you look at the history of the company foundation they were cucked by chargebacks and regulators into it.

This seems an attempt of those "new digital payment banks" to bypass the traditional banking(cucked by central banks).

Kek

Attached: libra.jpg (795x450, 96K)

It's the mark of the beast.

welcome to hell

Attached: 1560884919942.jpg (1920x1080, 843K)

what's wrong with having your currency controlled by Faceberg?

>No bank partners ,
who the fuck do you think own every fucking company you listed
wtf kind of drugs are you smoking ?
are you just a dishonest newfag or a subversive long nose with something to gain
>companies that have been under attack by traditionals banks for 10 years
>most of the company listed are monopoly financed or bought by banks frens
explain to me how Mastercard is not bigbank and how the fucking hell do you think hell "the opportunist clown" musk found the money to buy paypal to begin with ?
you can shove your one world currency and your bitcrap far up your not semit ass

nothing wrong at all goy, just be a good wagie and accept this paper script for your labors.

Attached: w0a2m8y0uj431.jpg (540x551, 47K)

>Elon "the opportunist clown" musk

>apple pay, google pay, credit cards have been around for years, yet stores still accept cash
What makes you think this will change that? Op is a schizo and probably watches (((crowder))) kill yourself

Mastercard is not a bank it's a payment processor when you do a payment in a card they need to be verified weeks after to see you have the money because chargebacks and shit like that

This is why cards are emitted by banks even tough they can be visa or masterdcard and why they are CREDIT cards.

If you don't pay the bank pays masterdcard for you and then they take everything you own.

It's a 1970 strategy to minimize risk in payments , with crypto that does not happens because there are no chargebacks.

This is why they are trying to get into crypto they know once they lose their position of power they will be fucked forever , they don't need the banks for this one which is why there are none.

Banks are only there because the credit thing(needed to guarantee a payment to the merchant) and the "we take everything you own if you don't pay" , remove the need of chargebacks and credit reports as bitcoin proven it works and banks are no longer needed.

Masterdcard and Visa entire business model would die the moment a better crypto appears , many have tried , bitcoin , tether , ripple.
This entire "Libra" thing is a combination of many crypto ideas into one were they can make a shitton of money by runing a semicentralized crypto network.

But outside of visa and masterdcard you don't have any other bank.

>how the fucking hell do you think hell "the opportunist clown" musk found the money to buy paypal to begin with ?

Musk founded a company called x.com that became paypal later when they managed to get themselves to process credit cards for ebay purchases and things like that that were done by phone before.

But card chargebacks fucked them up which is why many of the founders of paypal ended up hating the entire banking industry and sold and went to other shit.

Imagine you dream global payments and banks , regulators , and chargebacks cuck you into spending 95% of your time trying to reduce scams and the other 5% dealing with lawyers.

Attached: 1560742647717.jpg (248x233, 9K)

That clown reduced the launching costs of space massively.

1 reusable falcon heavy launch cost 90m and can launch 66.000 kg into leo.

1 Space shuttle launch costed 1 Billion per launch and could get 27.000 kg into leo.

You are never going to make it leaf , you are too bad with numbers.

Attached: proxy.duckduckgo.com.png (414x459, 263K)

Here's your leo payload bro

Attached: Screen_Shot_2016-09-22_at_12.30.58_PM.0.0.png.jpg (1200x800, 123K)

damn thats funny here I though that x.com was a big bank project that hired Trump to force Paypal to sell
maybe you should leave reddit and read something
thinking mastercard is some private company charge to deliver credit card independently of central banking is uterly fucking god damn stupid
the only reason for visa ti exist is for giving the illusion to consumer that there is a (((natural))) competition happening and it's true capitalism when in reality it's all rigged from the top down
Elon was and is an opportunist not bad at creating fake hype with others works
>That clown reduced the launching costs of space massively.
ya pretty sure he did all that buy himself and didn just buy a company that just bought the government technologist in sale when the government decided it was better to give the space exploration market to the (((private))) sector
stop being so full of yourself and stop falling for personality cult

oops x.com hired Elon not Trump my bad