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Let's remind ourselves that the entire point of the Calibra organization from which these companies have withdrawn their applications is to decentralize the gov
by lazzlazzlazz 7y ago
Let's remind ourselves that the entire point of the Calibra organization from which these companies have withdrawn their applications is to decentralize the governance of the coin.
Facebook would not have unilateral control by any stretch of the imagination.
- zajd 7y agoNo, just a bunch of multinationals with a proven track record of doing anything and everything to improve their bottom lines. Should be a great group of chaps to have take over monetary policy. Who needs democracy anyways?
- carlosdp 7y agoCalibra = Facebook's Libra wallet subsidiary Libra Association is the organization these companies have withdrawn from.
- throwaway_law 7y ago>Facebook would not have unilateral control by any stretch of the imagination. At minimum they are the registered owner the Libra federal trademarks...that's a funny first step for a "decentralized" project. Satoshi Nakamoto never trademarked bitcoin or blockchain for that matter.