Anonymous asked Linda Goetze, 6/24/2019 7:31:52 PM
  • Unclassified

Do you think regulators will put the kibosh on Facebook's Libra ambitions?

1 Answer, 0 Replies
6/25/2019 7:13:24 AM,
Linda Goetze replied:

Facebook's Libra is seen as a threat to the control that has been centralized in governments to this point.  Relinquishing that control - even to a consortia of wealthy companies rather than just Facebook - is not something that is going to happen without a fight.  As to how dirty that fight will get and the implications for already existing cryptos and the ultimate roll out (or shelving) of Libra - that is left to be seen...