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RE: Libra - Thoughts on the Potential Effects on the Crypto Sphere

in #utopian-io6 years ago

We will wait and see. I think Facebook will have the whole blockchain registering with fintrac, so I don't see it having much more disruption on the current Financial System than Western Union does - except, hopefully lower fees.

I see him bringing the current financial institutions into crypto. So, Wall Street will essentially own (from an influence standpoint) the exchanges.

But, it's pretty early to speculate. Exciting times to come.