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RE: Why Libra is getting so much attention?

in #cryptocurrency5 years ago

Libra is a GOOD thing.... it pits the CI_A (aka lifelog aka FB) against the bankers.
this is a case of watching the enemy destroy another branch of itself imho

From my reading I doubt FB have 1b let alone 2b active users. They are just numbers to sell marketing imho.

But the really good thing is if Libra takes on the gov regulators it will force the govs & co to write some rules that will enable the roll out of proper distributed crypto.

So in the mean time popcorn stock should be rising :-)

$0.02

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This article states job losses are continuing in European Banks,so maybe they are in bad shape and can't afford this kind of competition:
https://www.lesechos.fr/finance-marches/banque-assurances/lhecatombe-sociale-se-poursuit-dans-la-finance-europeenne-1125929