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Libra Coin News, Facebook Libra Cryptocurrency, Calibra Digital Wallet

IS Facebook Libra Coin Bad For Crypto?


Facebook Libra Coin

IS Facebook Libra Coin Bad For Crypto?

Is Facebook's Libracoin bad for crypto?

That depends, what is good and what is bad?

Facebooks Libra coin and their entrance into the cryptocurrency markets has many good qualities and many bad qualities and so it depends on what you're trying to optimize for. There are thousands of cryptoassets each with their own attributes, each aiming for different uses, in different parts of the market. Facebook coin appears to be optimizing for very specific attributes and I believe this can be very good for the cryptocurrency space but it can also be very bad.

Tune in and hear my case for good and for bad and let me know what you think

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Disclaimer: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. I will NEVER ask you to send me money to trade for you. Please report any suspicious emails or fake social media profiles claiming to be me. Don't invest money you can't afford to lose. There are no guarantees or certainties in trading or investing.

My videos may contain affiliate links or sponsorship's to products I believe will add value to your life and help you in trading. No matter what I or anyone else says, it’s important to do your own research before making a financial decision involving cryptocurrencies.

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