Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
It is unfortunate that their idea are getting negative response. We do want some form of regulation but we also do not want KYC because of trust issues. It is very difficult to find the fine line between the two and to balance them, there must be a concrete process and must be explained thoroughly. It is nice to see other industries adopt crypto and block chain itself but how they use it, will determine the development of digital money in the society.
might be able to solve it if the government provides security guarantees. but the problem is that the government is sometimes difficult to move to a decentralized system, because of course they cannot control it. but I think libra will find it easier to promote the coins and reach their goals more easily