Post
Topic
Board Altcoin Discussion
Re: Facebook coin Libra already targeted by US government
by
dnpotter
on 19/06/2019, 21:37:36 UTC
This is a quick decision by USA it’ll interesting what conditions they’ll impose on Facebook coins, however all should remember that those conditions won’t effect bitcoins. Facebook Coin is a centralised stable coin, and Bitcoin is a decentralised coin hence bitcoin won’t be effected at all.

Yes, an astonishingly quick response.  I guess it's not surprising that there would be a lot of knee-jerk reactions: 5th biggest global company launches ambitious project to develop the "internet of money".  It's like Zuck is going for global domination.  He's just missing his white cat.  Hopefully Libra will attract all government and regulatory attention and take the pressure off the pure coins.