Post
Topic
Board Economics
Re: Europe is against Libra. Who else?
by
bartekjagoda
on 11/10/2019, 16:07:39 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?

First you have to understand why did Libra emerge... was it because they wanted to fill a gap, or was it Mark being Mark, simply stealing an idea he could not buy, and to boost the stock value.

Of course it has nothing to do with a traditional crypto currency (have you read the white paper before posting?)

Libra is just another EOS alt, a centralized shit coin controlled by a small entity with no inherited abilities of a true crypto currency. Its a mere excel coin...