FACEBOOK CRYPTOCURRENCY LIBRA ORIGIN AND PROSPECTS

Blockchain technology continues to penetrate into various spheres and this time Mark Zuckerberg himself turned his attention to them. The creator of Facebook has initiated the development of its own cryptocurrency called Libra, and this is perhaps the most discussed topic of recent days. What is this coin and what is the use of it, we'll try to figure out in the article below.

What is known about the Libra coin?

Yesterday , June 18, 2019, the Facebook Libra cryptocurrency was officially announced and the project's Internet resource began its work. Such an event did not go unnoticed - the entire progressive world paid attention to it. Why is there such interest in the novelty? Yes, because the author of the cryptocurrency is not some kind of no-name person, it was Mark Zuckerberg himself - this fact makes the coin extremely promising.

Facebook is positioning its cryptocurrency as a means of payment for people who do not have bank accounts. Anyone who has a smartphone, regardless of country of residence, will be able to use Libra for their needs. According to Mark Zuckerberg, "funds transfer be as simple as sending messages." And if initially Libra will be represented in Facebook itself and partner services, then very soon it will be easy to pay for coin purchases offline. Thus, the cryptocurrency will be focused not on speculators, but on ordinary consumers.

One of the key features of the Libra coin is that the project will not be decentralized. It will be supervised by a specially organized fund of the Libra Association, which includes major investors. It is known that 28 companies have already invested in the coin today, in particular, Mastercard, PayPal, Visa, eBay, Coinbase and Uber. All of them contributed $10,000,000 to participate in the Libra Association. By the time of launching the cryptocurrency network, the number of participants in the fund plans to expand to 100, in order to collect the amount of investments in the amount of $1 billion. Obviously, the company-investors will introduce the coin into the work of their services.

At the moment, little is known about Facebook cryptocurrency, but some information still leaked onto the network:

• Cryptocurrency will be secured with several fiat currencies and low-risk securities. This does not mean that in exchange for Libra, it will be possible to receive some kind of security, just in this way, the coin will be protected from volatility and will give it value.    

• Users will be able to carry out operations with the coin through the Calibra wallet, which will work both independently and integrated into instant messengers.

• The full implementation of the Libra coin in Facebook and partner services will be completed in 2020.

• There is some information in`the web that special ATMs will be installed to work with the coin offline.

• Libra Association will not only manage the cryptocurrency reserve fund, but also fully issue coins and destroy them if necessary.

• According to available information, operations with Libra cryptocurrency will not be subject to a commission or it will be very low and will affect only sellers, and not ordinary customers.

The history of the cryptocurrency from Facebook

Initially, there were more rumors and conjectures around the project than official reports. It was plainly not even known that Facebook was preparing the release of the cryptocurrency, but there were assumptions that the project would be linked to the blockchain. It can even be said that the development was strictly classified and just a few months passed between the first official announcement of the creation of a crypt and the launch of the official website.

The idea of developing independent cryptocurrency came to Zuckerberg much earlier, because about a year ago, former PayPal president David Marcus, who was also on the board of directors of the Coinbase cryptocurrency exchange, moved to Facebook. On the Internet, it was announced that Marcus headed a certain "secret project" and a group of 50 specialists was assembled for that. And while everyone was wondering why Facebook was a new team, this team worked hard on the cryptocurrency Libra.

For the first time conversations about the need to create exlusive means of payment within the Facebook system arose in early 2018. Zuckerberg later announced the development of a project called Facebook Coin. Closer to the summer, the project got rebranded and the cryptocurrency began to be called Libra.

Why Facebook has its own cryptocurrency?

It is safe to say that cryptocurrency is not created with the goal of making money on the hype and getting a bit of fame from Bitcoin. Obviously, Zuckerberg is interested in technology, and not in earnings from the rates highs and lows - as you understand from the information described above, the coin volatility will be low. The option that Zuckerberg, having a reputation and a multibillion-dollar fortune, wants to collect investment and scam investors, is excluded by itself.

It is possible that Mark Zuckerberg is building more far-reaching plans, and the Libra project is a kind of "multi-step" that will solve all Facebook problems at once. We will not exclude the fact that the social network developer has enormous plans to seize the world of mobile payments. Still, Facebook already has a huge base of potential customers in the form of its users, which will easily make Libra a world leader.

Libra cryptocurrency prospects

What does the creation of cryptocurrency by Mark Zuckerberg say, and also with such well-known investors who have invested $10,000,000 in the project? It says about the very big prospects of the coin, which in the blink of an eye can blow up the list of traditional cryptocurrencies. This is a very big event for the world of digital money, and it won't take long for the universal introduction of the coin to be implemented. Too serious people are behind the project, and the interest of investors only confirms that something great should be expected from Libra.

Mark Zuckerberg has already expressed his opinion that regulators can stand in the way of cryptocurrency. Of course, there is no clear legislation on digital money, but this does not prevent authorities in various countries from encroaching on the freedom of cryptocurrencies. Nevertheless, there is information that Zuckerberg has already met with representatives of the US Treasury, Western Union and the commodity futures commission.

Now we can observe a big rush around the Libra project, because the largest companies are ready to invest in cryptocurrency. Against this background, it is surprising that investment giants Goldman Sachs and JPMorgan did not support the Zuckerberg project. This is explained by the fact that companies themselves do not mind creating their own cryptocurrency, and the Facebook coin is a strong competitor for them.

Summarizing all mentioned above, we note that the Libra cryptocurrency is simply obliged to blow up the world of digital money. And here we will not recall the coolness of the developers of the coin, major investments or its features. The fact that the Mark Zuckerberg family of projects brings together billions of users will make cryptocurrency popular in the blink of an eye. And if transactions with Libra are really as simple as sending a message, then it seems that cryptocurrency will not have competitors....

LATEST HYIP NEWS DIGEST JUNE 18 2019

Check out the latest updates from the hyip investment programs online. The third udpdate was published by the Cowly Farm hyip investment program 9 days after the launch of the hyip. Let me share a couple of words about the latest stats from the hyip presented by the admin. Deposit amount exceeded $115K, $30K of profits have been paid out instantly to the company investors. From the marketing point of view the project has been growing as the banners are being advertised in some major websites in the investment industry. Also bloggers and youtube promoters are actively promoting the company by taking advantage of leadership bonus. In the coming week a special social media bounty will be enabled to let company users earn extra $$ for completing different social media task. The team of Cowly Farm is looking for Facebook Ambassador that will help the project authorities create a community on Facebook. More details will be posted in the coming days while all the requirements on the vacant job are finalized. The work is voluntary, still additional weekly bonus will be delivered as an additional incentives by being our Facebook Ambassador. Apart from that two useful PDF’s presentations have been created to understand the company and investments as well as a getting started guide for newbie investors to make their experience with CowlyFarm as easy as possible.

WhalesClub announced opening of the official Telegram bot. The main features of the bot: account authorization, new account registration, adding and withdrawal of funds, settings and automatic notifications (earnings, login, deposits & withdrawals, etc). To start interacting with the bot just connect to this account in Telegram – @WhalesClubio_bot. As one of the ways of improving social presence Instagram account of the project has been launched (https://www.instagram.com/whalesclub.io). In the coming weeks a Social networks bounty will ve launched for the loyal members. The trading team of WhalesClub is also working on a spreadsheet that will reflect all past and current trades. It is open for verification in public and will provide an easy way to get proofs of the company's paying credibility.     

The international community of the Hooplex platform is growing and actively developing. With the purpose to make all necessary information about the project available for new partners and potential leaders on the special website in multiple languages.

    To learn more about what gives you the status of a Hooplex leader, click here:

        Portuguese – https://hooplex-team.com/bra
        Thai – https://hooplex-team.com/tha
        Korean – https://hooplex-team.com/kor
        English – https://hooplex-team.com

After reviewing the information, if you are interested, you can leave a request to the manager, and you will be got in touch soon. Maximum assistance in building your afiliate network will be provided. If you are interested don't hesitate to apply and become one of Hooplex leaders....

LATEST HYIP NEWS DIGEST JUNE 17 2019

Check out the latest updates from the hyip investment programs online. Cowly Farm after being launched on June 6, 2019, managed to reach 1600+ members. The pool already counts more than $57,000 gathered from all members worldwide. $9,700 have been paid out in profit. To benefit the members and potential partners the team of the project has developed marketing materials, which may serve as an additional means of promotions that will help Cowly Farm. The project is also growing in social networks. The official Telegram group has been growing at an steady rate with 300 members by the time of publishing the update. Other social media accounts will be opened in the coming days to provide additional platform to post the news and updates from the project. Another important update is important from the security point of view. Due to instant payment system in action for Cowly Farm, the changing of email address and payment processor accounts in your profile has been disabled. All account related updates can only be done via LiveChat Support. A strict verification will be done to ensure only the legitimate owner can have changes on his/her account.

Weenzee project conquers new countries and continues to expand its presence on the African continent. So on June 22, 2019, the first meeting of the project partners will be held in South Africa at Margate Hotel, Lot 3139, Marine Drive. At this event participants will learn about the basics of the project and about the success of the Weenzee hyip investment project in the international market.

Crystal Investment celebrates 1 month online. To mark the completion of this milestone the project has given out 10% of any funds invested within 72 hours since June 14. Congratulations to all members, who have been with the project since its start.

The El-Terro hyip investment project offers a reasonable and balanced approach towards investments, giving 2 goals to achieve at the same time: to get income and to contribute to the improvement of ecology on the planet. To know the details on how to achieve with that the team of the project invites everyone to the webinar, at the end of which it will be clear how to invest, how the El-Terro project may help its customers to increase profits, which investment option is most suitable for every single investor. The webinar is to be held on June 18, 2019. Follow the official Telegram channel for the exact time of the webinar....

BITCOIN HITS THE $8000 MARK FORECAST

The largest cryptocurrency this week was able to restore the positions that were lost earlier and crossed the $8,000 mark.

Now bitcoin is trading at $8,389, the position of the coin inspires optimism to some traders. They believe that the current location of the BTC may signal the early start of a slow ascent to a new height.

Such a psychological frontier for Bitcoin could be a mark of $10,000, which he must break through in July.

One of the supporters of such a scenario is the analyst and trader, known on Twitter as Cred. He is sure that now Bitcoin is trying to overcome resistance. As soon as it is broken, we will be able to witness a more confident growth of the BTC rate during the coming month.

However, there are skeptics on Twitter who believe that Bitcoin is unlikely to cope with resistance. For example, analyst and trader Josh Olszewicz predicts the continued dynamics of the weakening of the coin, which could result in a drop in its value to $6,400.

In his opinion, the market has not yet emerged from the "bearish" moods dominating stage and it is not clear when such an exit will occur. But the optimist Cred is supported by another Cryptomist trader, who believes in the imminent transition of the market to the green zone.

She wrote: "We are working our way towards wedge resistance. Target is 8360 region I couldn't anticipate a rejection
July 10 July to 10k ".

Bloomberg analyst Aaron Brown partially supports the forecast of Bitcoin-optimists, but believes that the new rally of the largest cryptocurrency will be qualitatively different from its previous spurts, as the market has become more mature and stable....

HYIP INFORMATION SURVEY 612

Nice to present the readers with the Hyip Information Survey #612, published on Thursday. Today we can see nearly no changes observed in the Top Choice section. As all the same programs are included in the Top Performers list, Successful Innovation is taking the list, being at the same time the only Sticky listed hyip. Nodebay, after being listed for 19 days, started to show problems and obviously was removed from the Top Performers list. It has been replaced by the newcomer, presented at HyipNews, Earn Hourly BTC, which is offering hourly payout investment plans.

Today in the Openings section there is only one program presented. Earn Hourly BTC has been recently added to HyipNews. The short presentation has been published. It is a hyip investment program ofering hourly payouts to its investors with four plans available. There are also more hyips launched recently, the links to which can be seen below in the Openings section.

Only five programs in the Problems section and three hyip investment opportunities in the Closures list are there today. Unfortunately one of the closed hyips is Caribbean Dream, one of the old-timers, used to be listed at HyipNews for more than a year. Obviously the time has come for the owners to say goodbye and close the project. Another Problem program, listed at HyipNews is Nodebay, recently added to HyipNews. Unfortunately, the problems for this hyip started pretty early and hardly it will manage to last a bit longer than a month.

Some latest news from the hyips online can be found in the Events section today. Emoney section provides readers with the latest opinions and view from the experts concerning the future ahead for Bitcoin as the main and the first cryptocurrency on the web.

The Hyip Quotes section today includes six programs and Yesss is traditionally holding the lead. PayinHour is taking the second place with slight fluctuations observed. DollarBill and Funds Broker are showing stable performance as the index remains at the level of 136 points. All Hours Pay has been showing volatile dynamics as the quotation index has been changing and going up and down day to day. The newcomer to the Hyip Quotes section of the Hyip Information Survey #612 is HourBull taking the fifth place and showing stable performance and solid recovery potential....