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This is not the first cryptocoin, or stablecoin or anything that has not been released before. It's hard to take these reactions as anything other than politici
by buboard 7y ago
This is not the first cryptocoin, or stablecoin or anything that has not been released before. It's hard to take these reactions as anything other than politicians grandstanding for popularity points.
- tzs 7y agoDo any of those released before, even in their wildest dreams, have a chance of being as widely used and having as big an impact on ordinary people as Libra? Facebook is not attracting political and regulatory attention not because what they are doing is new, but rather because they have a realistic chance of doing it on a much larger scale than we've seen so far.
- buboard 7y agoBitcoin was supposed to have dominated the world by now. Apple pay could potentially be in 1.4 billion devices. Google pay could potentially be in 2.5 billion devices. I dont remember much political theater when these were rolled out, that's why i believe this is just posturing.