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Pegging Libra to just the Dollar could soothe regulators, a16z says https://techcrunch.com/2019/10/11/libra-denominated-in-dollars/ https://techcrunch.com/2019

• JumpCrisscross 7y ago
  > Pegging Libra to just the Dollar could soothe regulators, a16z says Baskets of currencies are nothing novel. The problem goes down to whether this is a Facebook-controlled currency (which is troubling, given Facebook’s track record) or a nobody-controlled currency that Facebook profits from (which is troubling, given the money-laundering concerns).