Post
Topic
Board Altcoin Discussion
Re: Libra Just Got Its First Major Supporter in Congress
by
DaMut
on 18/10/2019, 11:43:25 UTC
Centralized coin will be supported by crooks in fancy suits/clothing.
Libra wont help the crypto-industry, it only promotes centralized coins and encourages banks to do the same.
Absolutely true, Libra is a stable coin and it will not crypto-industry by any means. They might monopoly the digital transaction if they are allowed to, with his style of doing things. I would not be surprised to see a mass fud coming for cryptocurrency in the future.

after Libra project left mastercard, visa, amazon I think facebook decided to buy some support from government
what known in some country as corruption, in us called lobby  Grin
but the point is the same, business pays money to a politician in order to do something in favour of business
I guess that means that something went wrong and facebook goes to plan B  Grin

It was Mastercard, Visa and Amazon left Libra not Libra left them. Just like in the movie, a villain survives until the end of the film.
do not be surprised to see another major supporter in congress show up helping Libra.