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I don't get #openlibra. What makes libra interesting is its massive reachable user base. What's the point of forking the codebase? It won't be able to compete wrt usership.
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Thirty blockchain companies and nonprofit organizations plan to fork the Facebook-led @Libra_ cryptocurrency to build an open alternative. @christine_dkim reports from #devcon5 ow.ly/71YC50wGosG
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Does it have to compete? Sounds like the idea is to peg the value and extend the utility into a censorship resistant open network so that the private corporate bridge to users can reach the open decentralized web, and vice versa...or maybe I missed something...
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To rephrase: I don't see why openlibra will be widely used and adopted. In my mind, projects without usership are not worth doing.
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It’s on the premise that Libra wins. Developers won’t be able to freely deploy into β€œtheir” network. An interoperable, network without a controlling body might capture some of the heat.
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If you give developers the choice between a self-regulated network with 2B users and an unregulated network with 1k users, most will choose the former.
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