David Marcus, the head of Facebook's Libra project, takes to Facebook to respond to all the doubts and questions that have come up since the project was announced two weeks ago. https://t.co/s5FEbaxAMR
i really dont get why theres so much hate for this project. Its helping crypto one way or another. If the excuse used to be its not good technology well Facebooks pouring lots of money into it. if the argument was its way to centralized well its a privatized company, so you think they're gonna do it for the good of their heart and not profit one way or another?
I honestly dont understand why so many crypto enthusiasts get their panties in a bunch over Libra.
I would say it's one of the best things to happen to this space in a long time. Dramatically increased exposure, increased liquidity, spurring the rest of the financial infrastructure development etc. As long as you are holding bitcoin and want your investment to prosper, you should be cheering for libra, irrespective of your opinions on Mark and FB.
UpDownPlatinum | QC: CC 125, NANO 34, XMR 17, MarketSubs1 year ago
People in crypto like the disruption of fiat. Obviously libra doesn't do that as its just a fiat currency fund.