A profile for talks, threads, polls and real time updates on all things FOR and AGAINST Libra - A decentralised global currency to empower billions of users.
The @Libra_ Association now has 22 members following the signing of Tagomi, a crypto trading firm. - Below is a full list of board members at the Association.
How to regulate these new forms of money really shows how much of a threat they seriously are to the stability of the Central Banks and other financial services providers like SWIFT, Western Union and BIS. Read More Here (https://t.co/yR18CyeCUB) on why the G20 are so concerned.
More news this week coming out from the G20 and FSB towards regulating and challenging stablecoin projects such as @Libra_ and others like DAI and Tether. This comes from concerns as capital control weakens due to the nature of Blockchains and cryptocurrencies.
Also the imminent threat stablecoins pose towards the financial stability of currencies likes the Euro and British Pound by means of becoming an over night competition has sparked even more concerns with governing bodies around the world. The network of bodies looking into...
What do you think the chances are of @Libra_ killing off Bitcoin and Ethereum along with a list of other public blockchain projects because of corporate backing and capitalism? Can that happen? Will it happen? The question is which would you prefer to use as a means of payment?
Along with multiple projects and companies backing Facebook with the venture with over $200m in capital for developed and reverse purchases. This number is way over what Bitcoin and Ethereum started with and most others and can seem an unfair advantage with Facebook's user base.