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Re:Facebook, Libra, and the Long Game by buboard on Tuesday June 25, 2019 @03:59PM (#20278238)
Investment class is even more concerning for governments. The vast majority of USD is not used for buying coffee but stored in T bills
Re:Facebook, Libra, and the Long Game by bduerst on Tuesday June 25, 2019 @04:18PM (#20278449)
Nonsense. T-Bills have the lowest volatility because they're backed by the biggest guns on the planet. What is Bitcoin's volatility and how is that a threat again?
Re:Facebook, Libra, and the Long Game by buboard on Tuesday June 25, 2019 @04:45PM (#20278738)
i m not saying that they feel threatened of course, but that investment class is even more of a reason to want to shut it down than it being used as a currency.