Uhh, in Facebook's docs it said "We welcome public inquiry and accountability. We are committed to a dialogue with regulators and policymakers. We share policymakers’ interest in the ongoing stability of national currencies." Also, it's controlled by 28 members... still scary tho
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Totally. It's not like bashing Facebook is a political football or anything. I'm sure these random finance ministers get to be in the international press all the time and wouldn't dream of making some bold statement for attention.
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Brian Roemmele Retweeted Brian Roemmele
Folks, Nilay is quite accurate. Just about every domicile will require a banking partner. They should have just went ahead and included them day one. The laws and the optics will force it for protection of money on deposit even in the US:https://twitter.com/brianroemmele/status/1141047975667355648?s=21 …
Brian Roemmele added,
Brian Roemmele @BrianRoemmele
The banking requiem ultimately for Libra will not in any way doom the coin. It will create a financial burden that should have been anticipated by astute folks involved.
I will say this again as I said in the early 2010s:
A coin must be egalitarian and democratic and
mineable. https://twitter.com/BrianRoemmele/status/1141046296582606848 …
12:59 PM - 18 Jun 2019
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