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A comment on France and Germany Agree to Block Facebook's Libra. Parent comment

Re:France and Germany Agree to Block Facebook's Libra by shakna on Saturday September 14, 2019 @10:39AM (#20971056)
> Haven't looked at the details but cryptocurrency implies it stays on some distributed ladger and no 3rd parties have control over the transactions. Isn't that the case?

Not quite, in the case of Libra. Only a handful of companies control the nodes. Which makes it relatively easy to enforce a ban.

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Re:France and Germany Agree to Block Facebook's Libra by alacombe on Saturday September 14, 2019 @06:25PM (#20974241)
That's completely false. Today, you don't need to interact with the NYSE to buy stock listed in the NYSE. There is plenty on intermediaries providing the service for a fee.
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Re:France and Germany Agree to Block Facebook's Libra by shakna on Saturday September 14, 2019 @08:42PM (#20974810)
If the half dozen nodes are required to block payments originating from a nation, then it would require illegal middlemen to accomplish that, and they can continually be shut down.
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