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Libra is nothing like bitcoin - it doesn't have investment potential - it's 100% backed by basket of fiat money.
by 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 agoIt 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 agoI 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 agoSo it's like Tether?