Post
Topic
Board Altcoin Discussion
Re: Did Facebook Just Gave-Up On Libra Project?
by
tsaroz
on 30/07/2019, 16:52:35 UTC
This news is getting me thinking if facebook will really survive the regulatory heat.

Now officially saying it may not launch.

https://www.cryptoinformers.info/news/226-libra-stablecoin-may-not-launch-facebook-warns-investors

Just wondering, Did Facebook Just Gave-Up On Libra Project?

Facebook Libra is the best option for US to regulate a large cryptocurrency. If they don't allow Libra, many other people and companies would come up with similar ideas which would be much more anonymous than the proposed Libra and the market much more diverse. Facebook would ultimately convience the US government that Libra is their only option to keep controlling the world economy.