Quote from: protEr on October 18, 2019, 12:23:30 PM

Thought Zack and his Libra coin are under pressure from everywhere thanks to his other products breaching the privacy of its users and have support from one congressman does not reflect the views of the majority, maybe the problem with this crypto is because it has a face!

The problem is that if the authorities allow them to start their stable currency then many companies will come up with their version of the coin and that will become another problem for the authorities, it is really interesting to see how the authorities will be dealing with the Libra project and how many countries will be supporting their centralized coin.

Quote from: BonfireBob on October 18, 2019, 12:18:04 PM

but don't you think that in order to make Bitcoin global we need some centralized coins??

It is not a bad idea either to have a stable currency, i really do not trust USDT and other stable currencies in the market right now and we need to have a trusted stable coin.