Post
Topic
Board Altcoin Discussion
Re: Did Zuckerberg deserve this from Lawmakers and Financial Services Committee ?
by
Yaunfitda
on 30/10/2019, 05:16:38 UTC
So I was wandering around on youtube and I came across this video( https://www.youtube.com/watch?v=Lw7M7QamQgI ). I realized that the ideas behind the creation of Libra Coin by Zuckerberg are very similar to that of Bitcoin, which I felt that he is just being smart to launch a crypto coin like Bitcoin.  But do you guys think He needs the approval from these people before launching the Libra Coin? Personally, I don't think these people understood what he is trying to develop. This video really explains why Satoshi decided to remain anonymous. Satoshi knew that these people will never understand his ideas and contradict the development of Bitcoin.

They are not even comparable, Satoshi created bitcoin not to make money for himself, as compare to Mark Z. who is a venture capitalist and that is the main reason why his creation, Libra has been taken a lot of backlash not just from the US, but other government around the globe specially in Europe.

So yes, definitely he will be under the US government's jurisdiction and they will scrutinized every bit of his creation because they know what Mark Z. is all about.