Facebook Libra Coin & SCAM IMITATORS!
Today we are here to talk about the new Facebook Libra Coin, which is soon to be Facebook’s very own cryptocurrency. However, what we are also here to talk about is that there are many Libra Coin scams, otherwise known as Libracoin scams. Now, the Facebook Libra Coin ICO and cryptocurrency is undoubtedly the real deal, as you are about to find out.
We will provide you with some basic details about this Libra Coin today, but will go more in depth with it all later on. The important part of today’s Libra Coin review is to note that there are many cheap imitators and scams out there looking to piggyback off of this name, in order to steal money from people.
Facebook Libra Coin – Basic Info
Ok, so the Facebook Libra Coin is indeed a real cryptocurrency, or at least it will be. What is important to take note of there is that this particular cryptocurrency will not be rolled out until the first half of 2020, an important distinction when it comes to already existing Libracoin scams. As you will find out, the Facebook Libra Coin, the real one, is not yet available to the public, but the whitepaper with their mission statement and goals has just been released.
Moreover, it appears to have over 2 dozen big time backers, investors, and participants. Ebay, Lyft, Visa, PayPal, Spotify, and dozens of other businesses are associated with it. When it comes down to it, the Facebook Libra Coin is definitely a big time cryptocurrency to keep your eye on when it is eventually released, one with some very real profit potential.
Libra Coin Scams & Imitators – BEWARE!
Now, the problem here is that there are many Libracoin scams out there already, ones that we have already busted, others that are just coming out, and surely ones that are yet to be released on the public, like a violent financial plague. One of these scams which aims to use the good name of the Facebook Libra Coin scam is Libracoin.io, a scam which we have busted already. Our review of Libracoin.io can be found right here for more information.
It attempts to use the name of the new and legit Facebook cryptocurrency to mask itself and appear legit. However, of course, Libracoin.io is a huge scam that is hell bent on ripping people off. What you need to know here is of course that the official Facebook Libra Coin is not set for release until the first half of 2020, which means that any Libracoin ICOs you see now are in fact 100% scams and are not to be trusted. Until the year 2020, you cannot trust any website that claims to be Libracoin.
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Facebook Libra Coin & Imitators – Final Thoughts
The bottom line here is that the Libra Coin cryptocurrency from Facebook is going to be the real deal. There’s no doubt about that. However, you do need to be aware of Libracoin imitators and scammers which are using this name to attempt to steal money from people. Be weary folks! We will be doing more updates on this situation as it progresses.
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