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So... if this work this would essentially concentrate a lot of world market capital power in the hands of 100 multinational companies? Wouldn't this take away p
by chrischen 7y ago
So... if this work this would essentially concentrate a lot of world market capital power in the hands of 100 multinational companies? Wouldn't this take away power from governments (especially small countries), which are the manifestation of the sovereignty and power of individual peoples'?
This sounds like a an extremely bad version of what the TPP aimed to achieve.
- carlosdp 7y agoTHAT is the real conversation we need to be having. My issue is everyone is talking about this being some secret data play or Facebook owning a currency instead. I agree that there are concerning attributes when talking about a world where fiat currency has a true global alternative (if Libra works).
- solotronics 7y agoThis seems like a way for supra-national companies to arise like in cyberpunk fiction. I think Bitcoin was the beginning of the end for government controlled fiat currency even if most people have no idea how or why.