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✴️ CALIBRA: FACEBOOK'S NEW DIGITAL WALLET FOR THE CRYPTOCURRENCY LIBRA. πŸ’© πŸ’© πŸ’©

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Just a few hours ago, Facebook released more information on their long waited cryptocurrency project called Libra.

So what is Calibra? It basically the wallet for the Libra Coin that will launch sometime in 2020. πŸ“†

Their main focus is to bank the "unbanked" around the world. This looks to me this was just another hyped project and I don't even consider this a game changer at all.

IT'S PLAIN GARBAGE! πŸ’© πŸ’© πŸ’©

It seems to me it's just another centralized banking option like Paypal. In other words, why the hell would people use this? πŸ€·β€β™‚οΈ 🀦

Yes, you will have to do a KYC and they will charge fees if you want to send "Libra" to individuals. WTF! πŸ€” 🀣

However, I can see millions of people using the Libra coin when they do come out. Many people won't know any better.

So what are your thoughts? Are you going to use the Libra Coin and the Calibra Wallet? All I know is that I'm not even going to touch this trash at all.

If you are still interested in taking a look at the CALIBRA Website, you can click the link right here.

Keep On STACKIN! 😎

~ Charles Fuchs

For those who's interested in following my "Content" and "Daily" Posts... you can just follow meΒ @stackinΒ to get my updates.

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Comments Β· 24

  • @arcange(79)Β· 2630d

    Congratulations @stackin! Your post was mentioned in the Steem Hit Parade in the following category:

    • Comments - Ranked 7 with 48 comments
  • @steem-ua(64)Β· 2630d

    Hi @stackin!

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    In our last Algorithmic Curation Round, consisting of 158 contributions, your post is ranked at #1. Congratulations!

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  • @kgcoin(59)Β· 2631d

    Hi @stackin just sent you some free #kgcoin tokens check out your steem engine wallet

  • @clayboyn(75)Β· 2631d

    It's almost like Mr. Robot's Evil Corp...

  • @steem-plus(74)Β· 2631d

    Hi, @stackin!

    You just got a 0.28% upvote from SteemPlus! To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn. If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.

  • @kerrislravenhill(74)Β· 2631d
  • @bitcoinflood(80)Β· 2631d

    I honestly didn't expect much out of the project. Facebook has been under the spotlight from the government FTC and SEC for the last two years and watching them like a hawk. They last thing they would want to to create even more friction which mean LIBRA was going to have to be by the books.

    They say it's not a stable coin yet they say its pegged to various FIAT currencies soooo then it is lol

    I haven't yet dug into it all that much yet for the whitepaper but is it not launched yet? and it wont be till 2020 now ?

  • @stokjockey(71)Β· 2631d

    Not Shit Coin for Me........Charles @stackin to many Good Coins to be Involved With.....

  • @moneyuntapped(49)Β· 2631d

    A sneaky way to join blockchain. These centralized crypto’s are laughing in the face if what blockchain is supposed to be.

  • @stealthtrader(69)Β· 2631d

    I still don't see why more people aren't using STEEM.. Instant and free transactions with easy to use addresses!

  • @olusolaemmanuel(63)Β· 2632d

    This looks useless to me too. Why charge a fee for transactions when everything is use within the same community. That's one of the reasons i love steemit, no matter the amount of steem or sbd to be sent it is all done for free.

    Posted using Partiko Android

  • @dwingsworld(59)Β· 2632d

    I would have to agree on you view of the coin, but there is a lot of room for it to do well. Because Facebook has so many users there is a chance many will buy into it and the coin will have a high bum initially. Thanks for sharing!

    Posted using Partiko Android

  • @gyn(50)Β· 2632d

    Lets check on that πŸ˜…

  • @blazing(71)Β· 2632d

    facebook might lose this game of crypto hahah

  • @mickvir(68)Β· 2632d

    The thing is Facebook has how many people using it . They will earn it without thinking about it or Changing their daily habits. But on the good side it is a crypto currency and it will help the larger community to embrace crypto. I see great times ahead for steem! Thanks for sharing, Have an awesome day!

    Posted using Partiko iOS

  • @organduo(73)Β· 2632d

    I think you might be right. The "decentralized" blockchain will be governed by the Libra Association. And the founding members of this association will be large corporations for the most part. It's very suspicious. I wrote my own views about this in a separate post.

  • @sunscape(75)Β· 2632d

    I would not waist my time, but then we have so many other options that are awesome.

  • @russia-btc(71)Β· 2632d

    ahhhahah laughed at this shit

  • @chesatochi(73)Β· 2632d

    I might try it as knowledge purpose to stay current in the crypto sphere. To be honest is a trash and a joke for a crypto enthusiast!

    Posted using Partiko Android

  • @partiko(66)Β· 2632d

    Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!

  • @jongolson(82)Β· 2632d

    Can't put my finger on it....I've seen that logo before LOL Things That Make You Go Hmmmmm.....png

  • @kevinli(70)Β· 2632d

    I'll use if you ensure that they'll be some green dildo candles for libra

  • @sheikh27(65)Β· 2632d

    The question is why should i use libra coin while others can easily use free and no charge applicable at alt coin transaction. If there is secured with othet then happy with it, we don't want to be filled some one's pocket!

    Posted using Partiko Android

  • @toofasteddie(77)Β· 2632d

    I agree with you despite I think it can bring millions of users to crypto and, also to STEEM, as soon as they realize how centralized will be libra

    Posted using Partiko iOS