To me, am not yet in acceptance of this changes. AM seeing it as another to centralize the already decentralized economy of blockchains. I'm yet to trust the truths being told about Libra. Or do we not see it as a game plan by the centralize world to run down bitcoin and other altcoins?
Let' think.
I agree with your assessment that it is an attempt to provide a centralized solution under the crypto banner. However, many people seem to want to be taken by the hand financially and accept to be told what they can and cannot do. In return they do not have to assume responsibility for their own money. Sent funds to the wrong place? No problem, we reverse the transaction. Lost your password? Don't worry we get you a new one. Few people are ready for true cryptos like Bitcoin, Monero, Cardano, Iota, or Steem. Libra uses cryptography and blockchain as a technology not as an ideology. It is still Facebook.
Thank you for this well thought-out response. That's the simple truth. My worry is how do we save our people from this trap? Besides, how do we safeguard the future of truly decentralized assets?
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