Re:Facebook reveals its cryptocurrency Libra
by teknologist on Wednesday June 19, 2019 @01:03AM
(#20220928)
"Using a cryptocurrency" doesn't solve the problem of hyperinflation in itself. However, Libra is backed by its reserve ("Libra Reserve") which is a basket of low-volatility assets structured to keep its value relatively stable. If my interpretation is correct, this basket can change over time so that it is always made up of stable currencies.
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