LIBRA is:
- not OPEN
- not PUBLIC
- not NEUTRAL
- not BODERLESS
- not SENSORSHIP RESISTANT
Nothing more than old bad FIAT, only just in another digital shape.
How it is even possible to call it "a cryptocurrency" ???
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What I'm starting to realize is that blockchain is actually useful for Libra. They wouldn't have just been able to make it with a regular database like people are saying.
In order for Libra to get hacked, 33 of the 100 corporations (nodes) involved would have to get hacked at the same time. Seems very impossible.
This shows that Libra is decentrazlied... but only in the context of slightly decentralizing the top megacorps of the world and uniting them around a single digital currency.
Make no mistake, they will eventually take the fiat peg away from their coin (probably during a financial crisis) and have their very own central bank coin pegged to the value of itself.