Libra wants to be a new global fiat currency, not a cryptocurrency
By PRiZM | GoldenRain | 21 Jun 2019
The moment Facebook released the whitepaper for its planned Libra coin, social media was flooded with claims about Zuckerberg’s new drive to take over the cryptocurrency market, with some even calling it a Bitcoin killer. However, looking at the actual details of the plan, it has little to do with cryptocurrency and is in fact more of a threat to government fiat.
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