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Is EUR a threat to souverinity of the nations then? What is the difference between libra and BTC if not the sad state of affairs wrt to btc's usefulness as an e
by AzzieElbab 7y ago
Is EUR a threat to souverinity of the nations then? What is the difference between libra and BTC if not the sad state of affairs wrt to btc's usefulness as an everyday currency?
- lucb1e 7y ago> What is the difference between libra and BTC Libra is owned by a company and Bitcoin is a cryptocurrency. But I guess we now not only lost the war on the definitions of 'hacker' (media word for cracker) and 'crypto' (media word for cryptocurrency), but also cryptocurrency (media word for digitally exchangeable currency, e.g. Paypal credits / gift cards / Facebook Libra). We'll have to find a new word to distinguish Facebook-issued digital credits (Libra) from a distributed payment network running on cryptography and rough consensus (Bitcoin).
- AzzieElbab 7y agoto be honest, I am not entirely sure about the precise definition of permissioned-blockchain-based, assets-backed, electronic currency that is also mostly vaporware at this time. The ownership is also non-linear. So, IMHO France and Germany are banning something that not only does not exist but also not even clearly defined. which feels like either a "fu Zuck" or "we are scared"
- w0de 7y ago> fu Zuck > we are scared In my opinion both completely reasonable reactions to Facebook attempting to set up a private currency.