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?
If Libra would somehow be able to pull this off, their main aim is to change that statement, make the cryptocurrency as money, and maybe will be used to transact in their platform, the Facebook, which is not a plausible idea for the people in the crypto-space. The main idea is for crypto to be decentralized. That's why these news comes up, some of the companies involved expresses doubts.
I think that change in statement would make it a lot worse for crypto, since government would fire crypto more being a volatile, can be a scam, or other negative statements.