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Libra has not even officially debuted on Facebook, but the much-anticipated cryptocurrency has already attracted a lot of interest – scammers. In fact, it's hard to say who is more interested in Libra at this point: those who seek to earn money quickly by coaxing you invite you to intervene sooner so you can be a billionaire of Bitcoin- esqe, or federal regulators who worry a lot Facebook's background with, well, everything.
According to a new report from the Washington Post, it is likely that you will find many offers on the theme of Libra on Facebook itself. This includes groups or pages that claim to be the "official" source of everything that is Libra – which, of course, is inaccurate. You can see offers asking you to sign up or pay your own money, so that you can be the first to get hold of Libra. You can even see many altruistic offers, where you'll be guaranteed to receive Libra early if you visit a few specific sites or, worse, download and run a particular application.
No no no.
The best thing you can do now about Libra, or its Calibra wallet, is to wait. Nothing is happening that worries you. You will not miss a virtual gold rush, nor an easy ticket for billions, because you have not taken advantage of a random offer that you have seen for free (or earlier) Libra.
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The Libra is not Bitcoin
If you've ever read Libra, be aware that cryptocurrency is designed to be non-volatile. In other words, its price will fluctuate, compared to the US dollar, for example, but do not expect a rocket similar to Bitcoin to become a wealth. It is also likely that a catastrophic meteor strike means that the $ 100 Libra you want to buy when it starts will suddenly become $ 1 million in a year. You can not even mine Libra myself; All this is done by the Libra Association and everything is based on the market demand for cryptocurrency.
So, if someone tries to sell you hard on a mining application or an expensive platform, ignore it. In fact, if someone is trying to sell you Libra right now, ignore it. Many people play on the testnet Libra, but nothing that happens there is secured by real badets. You will not get additional Scale as part of pre-sale special offers. Do not trade your real money, or any other valid cryptocurrency, for "early access" to Libra, as you are afraid to miss an evaluation push.
Do not be fooled by the first sellers of Libra
If you want to know more about the Balance or the Calibra wallet, here are the two official sites you should be interested in:
Do not be fooled by sites that claim to be official Libra sites (or that really look like an official site). And as the Washington Post describes it, do not be fooled by "convincing" entities on Facebook itself:
"A dozen fake accounts, pages and groups scattered around Facebook and its photo-sharing application, Instagram, appear as official hubs for digital currency, offering in some cases to sell Libra at a lower price if visitors visit potentially fraudulent third-party sites. .
A number of fake Facebook and Instagram accounts were removed on Monday after the Washington Post alerted Facebook of their spread.
The spread of counterfeits – and Facebook's inability to detect them alone – could undermine Facebook's efforts to inspire confidence and satisfy the regulators currently monitoring the proposed new global currency. Fakes include Facebook's logo, photos of Facebook's chef Mark Zuckerberg, or Libra's official marketing images. "
If you're bombarded with Libra themed emails, beware of the offers or apps they promote. Although there is not much for an attacker at Currently, since neither Libra nor the Calibra wallet has been officially released yet, there are many reasons why unscrupulous parties would like to get their usual login information (or install malware or malware on your system). As Bitcoin's official website advises:
"Hackers have become very creative in finding ways to steal people. When sending bitcoin, always check the address to which you are sending the information. Some malicious programs, once installed, will change bitcoin addresses when pasted from a user's clipboard, so that all bitcoins will be sent to the hacker's address at once. Since it is unlikely that the bitcoins transaction will be canceled once confirmed by the network, reporting it after the fact means that it is too late and it is highly likely that the transaction will not be recoverable. It's a good idea to be extremely careful about which programs you allow to have administrator access on your devices. "
I fully understand the concern that many people have probably felt the minute Facebook announced the Libra. These same people have probably read countless stories about bitcoin billionaires, or maybe even had a friend who found 100 bitcoins sitting on an old hard drive and now buying a mansion with recipes.
The best advice I can give you for Libra is this: this cryptocurrency is not a quick enrichment scheme, but a simple "IPO" that you can take advantage of to become very rich in a few years. Do not treat it like a gold bill. Those who try to get you involved with Libra on the ground floor are trying to get rich themselves – by cheating on people who do not know better.
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