The article is so confused about the underlying reasons for choosing a decentralized (among Libra members) ledger that it boggles the mind. It's a legal move.

The article is so confused about the underlying reasons for choosing a decentralized (among Libra members) ledger that it boggles the mind. It's a legal move. Not a technical one. Regarding privacy — it seemed obvious to me that privacy solutions for Libra would be build on top of Libra (the so-called "Layer 2") and not within the core protocol. Stephen's critique here is bizarre and lacks context.