2 ms·
> Because you thunk governements having power over currency is a good thing? I don’t have too strong an opinion, but certainly it’s a well-understood thing. W
by confounded 7y ago
> Because you thunk governements having power over currency is a good thing?
I don’t have too strong an opinion, but certainly it’s a well-understood thing.
What specifically is bad about it? The ability for governments to seize money or interfere-with/surveil transactions looks like it will be preserved via Libra’s KYC/AML surveillance/protections.
I suppose for people with very large amounts of money, they might disagree with their government’s currency policy re: inflation/deflation. But for those people, a huge range of investment products exist to hedge.