Y
HN Search
Hacker News Search
new
|
comments
|
top
|
jobs
gringler
searching PlanetScale…
1.
▲
2.
▲
3.
▲
4.
▲
5.
▲
6.
▲
3 ms
·
1.
▲
by
gringler
7y ago
The problem lies in the unit of account. If Libra becomes one of the global unit of accounts with own money supply outside of other monetary sovereigns reach while still keeping the impact on their economies, then Libra is a direct threat t
2.
▲
by
gringler
7y ago
People intuitively know this. That's why they invented gates and exclusivity. Take e.g. rich people who want to have their own exclusive areas or ultra high cost metropoles. These act as natural gatekeepers for outsiders to keep the co