Interesting News:
Facebook has announced plans to launch its own cryptocurrency and a digital wallet to store it in. The digital currency is called Libra, with the digital wallet called Calibra. And both are set to become available sometime in 2020.
Facebook's new cryptocurrency is called Libra, with the digital wallet called Calibra.
~~~ Facebook announces Libra cryptocurrency: All you need to know is available on this URL
https://libra.org/en-US/ ~~~ Introducing Libra, A New Global Currency ...
OR
On a Future Note I can Say that the World's Local Currency !!!
As per Statista.com & zephoria.com; FB having more than 1.56 Billion Daily Active Users as per Q1_2019 Reports & so these all users will get Libra Very Soon !!! as only 6 months are there in starting of 2020.
An interesting Point is that the Libra Association will oversee the digital currency independent of Facebook. Members of the Libra Association include Visa, Mastercard, PayPal, eBay, Uber, Spotify, and a host of venture capital firms.
Also note that Libra will be stored in a digital wallet called Calibra.
Please make a note of word "Digital Wallet" in above line.
- Which means Libra is not only Competing other Cryptocurrencies only; BUT with a user base of 1562 Million; Libra with Digital Payment facility will directly compete with Credit Card Co. like Visa with 323 Million Card Holders and MasterCard with 191 Million Card holders & Mobile Wallet Co. like WeChat Pay 800 Million Users (china Only), AliPay - 450 Million users (China Only) , PayTm 300 Million users and also with PayPal + Venmo, Apple Pay, Samsung Pay, Google Pay, Amazon Pay, Yandex Money, Line Pay, Kakao Pay, Oxigen Wallet, Freecharge, Mobikwik, Skrill and Neteller etc Digital Wallets famous in various parts of World.
A Game Changer Move OR As Critics Says a Dangerous Move ... Whatever it will be...
BUT definitively An Exciting Move... — feeling excited.
Cheers!
Chirag Gandhi
Life comes at us in waves. We can’t predict or control those waves, BUT we can learn to surf. ~~~ Dan Millman
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