Quote from: seoincorporation on June 24, 2019, 03:48:16 PM

Quote from: Berryvery394 on June 24, 2019, 02:45:11 PM

Wht Libra project is supported by VIsa, PayPal, WesternUnion but rejected with governments? do they see it as a danger?

Because big companies want to bet in their future, and if they see a big business like facebook working on a big project like this they will put their money on it too. Govs don't like this because it has a lot of consequences if they agree with libra they have no option than agreeing with bitcoin too. So, it's a complex game.

A lot of big companies are joining the new racket of fb because they know it might hit big because of its influence in social media. Whereas, governments are still hesitant because of the complexities involved in cryptocurrencies. They don't have the full grasp of the nature of crypto, hence, their hesitations.