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RE: Will Facebook's BLOCKCHAIN LIBRA replace STEEM?

in #blockchain6 years ago

Libra, it is like an electronic cryptocurrency.
Although it is using cryptocurrency technology, the route he walks is the route of electronic money, just like electronic US dollars/electronic euros...
So I think he is very difficult to be a leader, because if I want to use electronic money, then I use electronic dollars / electronic euro coins, is it better?

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Thank you for sharing your insights @cloudblade

the route he walks is the route of electronic money, just like electronic US dollars/electronic euros...

Yes, it is even controlled by the biggest corporations and central banks. It has nothing to do with decentralisation.