I think most Shitcoiners are against Libra because as always they don’t want competition. As a Bitcoiner I welcome it. Ancap welcomes everyone, as long as I’m not forced to use it.
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Big time Wall Street politics isn’t so much lobbyists/politicians beening bought off but macroeconomy game of forcing the state to bail out the industry repeatedly, socializing losses/privatizing gains, the Greenspan Put “because if you don’t we take the whole system down w/ us”
It's all of the above, and more, including the amazingly rapid and effective lobbying efforts against easily targeted wannabe competitors like Libra, as we've just seen.
