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

Linda Goetze
6/25/2019,
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... 

Linda Goetze
6/25/2019,
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...