Facebook Cryptocurrency Libra Full Details 2019
Facebook has already become a part of the life of the people, now on Tuesday, by issuing an official statement, it has also launched its Facebook Cryptocurrency Libra! According to the company it will be prepared according to Bitcoin! But its reality is about something else that is going to tell you all! It's about giving information to every one of you! Is it beneficial for you or harmful! Then let's know about Facebook Cryptocurrency Libra Full Details 2019 :-
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| Facebook Cryptocurrency Libra Full Details 2019 |
Facebook Cryptocurrency Libra
It's a type of digital currency, also called virtual currency! You can take it by digital only, it is very safe! There is a type of blockchain, which does not have any control! This is just like bitcoin. The currency will come into the market in 2020 next year, but this Facebook Cryptocurrency Libra will be a bit different and supporters of governments around the world!
Does Facebook Cryptocurrency Work Like Libra Bitcoin!
Friends, if you are thinking that Facebook's Cryptocurrency Libra will work just like Bitcoin, then this thing is wrong! Libra will be a stainless coin, on which the Libra institution will be fully controlled! Facebook will not be fully owned! The way you convert rupees to dollars and convert dollars into rupees!
In the same way, you can convert your currency into Libra which will be completely digital and with this help you will be able to pay it to anyone anywhere in the world!
Libra will be a stabilocoin. Stablecoin is called a digital currency that receives support from government supported currencies and securities (currency and securities).
How will Libra be used
Facebook's blockchain team head David Marcus said that Facebook is planning to create a new digital wallet that will be within Messenger and Whatsapp. These two apps will enable Libra transactions between friends, family members and business organizations. A new wallet application will be used for its name, which will be Calibra! With this Wallet you will be able to use this digital currency easily! The way you use Paytm Wallet, it will also be used in the same way! You can also use it with Wallet like Facebook Messenger, Whatsapp, Google Pay!
When Facebook Cryptocurrency Libra Will Launch
Social media platform Facebook has announced that it will launch the facebook cryptocurrency Libra next year. It is believed that Libra will be launched in the next six to 12 months. Almost this 2020 will be in the currency market! And facebook believes that it will replace the US dollar, and its new earnings will be created! More than 100 companies are supported by this, in which big companies such as Paypal, Master Card, Uber, Visa are supporting it!
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| Facebook Cryptocurrency Libra Full Details 2019 |
Will Libra Currency Come In India
By the way, there is a lot of digital wallet in India, with the help of those people who do transactions easily! There is a Wallet like Paytm, Phone Pay, Google Pay, Paypal! And India is the only country where there is a cryptocycenial bain, so it is a bit confusing for such a Facebook Cryptocurrency Libra! In the coming days, it will come to know that this currency is coming in India or not! If it comes, will people use it, because the people of this country already have many wallets!