“Brian how did you know this in 2018? You said clearly that the large members would pull out of the project. How did you know?" The value of working with me and listening. "Visa, Mastercard, Others Reconsider Involvement in Facebook's Libra Network"https://www.wsj.com/articles/visa-mastercard-others-reconsider-involvement-in-facebook-s-libra-network-11569967023 …
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Replying to @BrianRoemmele
The card companies aren't relevant for
#Libra in countries like Philippines, Indonesia, Malaysia, where the low income people don't have a credit card, often not even a bank account.1 reply 0 retweets 2 likes
Replying to @UrsBolt
Urs, indeed. I hear ya. Even in this use case they will hit a big wall. The currency basket does not include the legal tender of these countries and thus debase these currencies. This can be fixed but Libra is listening to the wrong folks by far.
11:52 AM - 2 Oct 2019
0 replies
0 retweets
1 like
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