cant let consumers have anything gotta protecc incumbents just rocking their rents https://twitter.com/Downtown/status/1149670615239942145 …
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It doesn’t suck per se, FB does. And Libra, if used, is a fantastic business. Ridiculously fantastic. But there literally is a 0% chance that it wouldn’t fall under regulatory supervision and I suspect we’d see an competing offering that does pay interest on deposits.
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And, the
in the room is, Libra ain’t a unity of account. i doubt you’d pay anything in Libra, you’d pay in loc. currency instead. Imo it’d make a whole lot more sense to not base it on a SDR-esque solution, unless all other prices got converted to
, unrealistic - Show replies
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