re: Discussing the launch of Libra, "A new global currency" VIEW POST


Libra is a stablecoin, which means its value won't rise or fall, 1 Libra might always be worth 1 US-Dollar. And it isn't the 1st stablecoin, technically they just seem to copy Tron. But it will be interesting to see if Libra will actually be used as a currency, i.e. people use it to buy things instead of HODL'ing the coins. With all those companies backing Libra, it might very well become wide-spread soon... however Amazon is missing.

I think Libra is the anti-Bitcoin and betrays most of its values. But I am glad to see Facebook's brilliant developers working on such a project. We're still in the salad days of blockchains, so any type of research, experiments, and projects are much appreciated.

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