Quote from: gentlemand on September 15, 2019, 07:28:09 PM

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.

However, it will appear and it is not a threat. The head of the Libra Association said that this cryptocurrency project does not threaten the financial stability of various countries. Libra reserve will consist of US dollars, euros, yen, pounds and Singapore dollar. If a something dramatical with one of these currencies occurs they will be removed from Libra basket. They will not deal with Chinese currency.