Post
Topic
Board Economics
Re: New bill would make Facebook’s cryptocurrency a security under the law
by
smyslov
on 01/01/2020, 04:24:17 UTC
Congress want to ban libra in any way
Well, obviously. When you have something disruptive to your monetary industry which offers control over other people, analogous to a religion, you would want to remove it as quickly as possible.

It's clear.

Makes sense but in the case of Libra Coin, it will not and cannot be remove like that, Facebook has been known for it's lobbying power, their only option is to regulate it, and to impose a lot of limitations so it will become restricted, now we will know what LIBRA can do and do not once it is launch.