4 ms·

> considering how popular it is Excuse me, popular with whom?

• kache_ 7y ago
  Maybe it's not in use, but it's been getting a lot of press. It's on people's radar and that's valuable in and of itself.
  • whoisjuan 7y ago
    The only press coverage I see about Libra is how governments are not gonna let this run and a bunch of other negative remarks (possibly drawn from the fact that this is a Facebok project which is seen as am evil company by many). I don’t understand how is that valuable? If that’s valuable then all companies with bad press would increase their valuations. Unlike the popular saying there’s actually such thing as “bad press”.
• MereInterest 7y ago
  Popular with people who are looking for another pyramid scheme to invest in, perhaps.
  • justapassenger 7y ago
    Libra is nothing like bitcoin - it doesn't have investment potential - it's 100% backed by basket of fiat money.
    • jameslevy 7y ago
      It does have some potential to act as a hedge against USD. It will probably produce some small amount of capital gains (or losses) for its users.
      • whoanow 7y ago
        I don't think so, there is no way it would achieve mainstream adoption if there was a potential tax liability for users spending their after tax dollars.
    • kardos 7y ago
      So it's like Tether?
• deleted 7y ago
  [deleted]
• asveikau 7y ago
  Second most popular currency in Menlo Park, California.