Re:Facebook reveals its cryptocurrency Libra
by ineedasername on Tuesday June 18, 2019 @04:11PM
(#20217872)
1) I'm not saying that's wrong, but I don't think it has the self-evident nature you attribute to it.
2) Agreed, though I'd really like it to be someone other than Facebook that does it.
3) We already have all sorts of other currencies. Frequent flier miles spring to mind, which can often be converted for other use. If they're not popular enough to be universally fungible, then in your terms they're not a "better" currency. It's also not self evident that any coin will do any better.
2) Agreed, though I'd really like it to be someone other than Facebook that does it.
3) We already have all sorts of other currencies. Frequent flier miles spring to mind, which can often be converted for other use. If they're not popular enough to be universally fungible, then in your terms they're not a "better" currency. It's also not self evident that any coin will do any better.