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I hope Libra goes through, even with the Cambridge Analytica scandal and everything. It might lite a fire under goverments to take some action and create a pro
by vfc1 7y ago
I hope Libra goes through, even with the Cambridge Analytica scandal and everything.
It might lite a fire under goverments to take some action and create a proper crypto currency at the state or maybe even EU level for example, it's time.
Just try to run a business and take online payments via credit card, using something like Stripe for example. Literally near 8 to 10% of your transactions will FAIL, just like that.
Customers that want to pay you and their card fails a huge percentage of times, preventing you from gaining recurring customers.
The current credit card system is a mess, its a thing of the past sorely needing competition. It's ready to be disrupted by the next big thing and if its Facebook Libra, I'll take it.