Post
Topic
Board Economics
Re: The Central Bank of Facebook
by
alyssa85
on 11/07/2019, 13:39:46 UTC
What exactly is the use-value of Libra supposed to be anyway?? Just a "borderless" currency?

They want to replace western union and VISA fees.

In other words, the exact same use-value as bitcoin, but Zukerberg reckons he can do it better. And there is his rivalry with the Winklevoss twins in the mix there too.