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How Libra Was Killed

• talldayo 2y ago
  > you have to build it on the most neutral, decentralized, unassailable network and asset, which, hands down, is Bitcoin. Laughs in IMF sovereign debt ledgers
• deleted 2y ago
  [deleted]
• Devasta 2y ago
  Even if we ignore that Bitcoin is a greater-fool scam that requires ever increasing numbers of rubes buying in, the bitcoin network can only manage 7 transactions per second. You couldn't run a small town on bitcoin, nevermind the globe.
• mac3n 2y ago
  I think the connection to facebook was the greatest obstacle. No one wanted them to have any kind of control or trusted them.
  • talldayo 2y ago
    There's also the fact that cryptocurrency as a whole is relatively unpopular. Apple could invent their own cryptocurrency tomorrow, and still there would be nobody that actually cares.