Post
Topic
Board Economics
Re: Europe is against Libra. Who else?
by
teosanru
on 06/10/2019, 11:02:53 UTC
Hey everyone.
Yesterday I've read an article about European countries opinion on Facebook's Libra. There are a lot of negative statements about it. (Not without Trump's tweets, of course).
What's interesting - there were no official responce from Libra yet. But they still planning to launch it in 2020.

My question is - will launching Libra change the statement 'cryptocurrency is not money' in better way or it'll make worse?
These are pretty obvious concerns regarding Cryptocurrencies. Not only about libra all the Cryptocurrencies face such issues and government around the world are against Cryptocurrencies because of that only. Moreover Europe is against crypto is a bold statement because only European governments as whole are against Cryptocurrencies not individuals as there are a lot of individuals who would love to see growth of libra and other Cryptocurrencies. Moreover the types of influence facebook and mark Zuckerberg has on the states I don't think anyone can stop it from happening. Moreover with the presidential elections upcoming trump would never take such a risk of going against it straightforward.