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RE: Is Libra the biggest threat to Bitcoin?

in LeoFinance5 years ago

Excellent article. However I’m not going to put my trust into a company that earns its money while monetising people’s data and not protecting as they promised at first glance. Although, Libra is not meant to be a decentralised and free crypto asset as they already said they want to keep control on inflation, distribution and keeps nodes in controlled area (societies that have interest in holding and controlling money).

But still it is interesting to see how the world could react to it. Even though part of it already responded refusing to authorise its entrance. Even Switzerland state is doubting at the moment and is trying to figure out if they have to stronger and quickly regulate the crypto world before Libra comes to the surface.