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I assume you're saying you disagree with this action by congress, but you're jumping past the issue and into something fairly different. For what it's worth, t
by pfraze 7y ago
I assume you're saying you disagree with this action by congress, but you're jumping past the issue and into something fairly different.
For what it's worth, the two primary issues I've seen raised with Libre is monopoly and finance regulation. I wouldn't be very excited to hear Bank of America is getting into social networking; I'm not sure why I should be excited that Facebook is getting into banking. As for regulation, my (limited) understanding is that if Facebook wants to act like a bank, it needs to be regulated like one.
- buboard 7y agoLibra is backed by 100% reserve assets. Banks have like 1% requirement. Libra is already better positioned in that respect.