Post
Topic
Board Economics
Re: Can Libra Disrupt The Financial/Economic System?
by
gentlemand
on 15/09/2019, 19:28:09 UTC
Libra is effectively official toast, people.

France and Germany won't permit it to exist.

https://www.reuters.com/article/us-facebook-cryptocurrency-france-german/france-and-germany-agree-to-block-facebooks-libra-idUSKCN1VY1XU

If they won't then you can bet your bippy everyone else will follow suit, witness the relentless bile every single US politician gave it during the recent hearings. Their official and final position will probably involve nukes and mailing turds.

Going forward it's full crypto or full government. No middle ground will ever be allowed to exist.