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> now they have $10 that they will absolutely put back into circulation to make additional money on, _and_ $10 worth of libra have been created This sounds dan
by panarky 7y ago
> now they have $10 that they will absolutely put back into circulation to make additional money on, _and_ $10 worth of libra have been created
This sounds dangerous and wrong, but the same thing happens if you buy a gift card or deposit cash into a checking account.
Now you have an Amazon gift card or bank debit card for $100 _and_ Amazon or your bank has $100 that they'll put back into circulation.
It's just how money works, it's nothing new with Libra.