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A comment on France and Germany Agree to Block Facebook's Libra. Parent comment
Black markets can never be prevented.
The question is whether people would want the goods. Is there a black market for Zimbabwean dollars in the USA, for example?
Libra is pointless in Europe. In fact, it's pointless anywhere there is a developed financial and payment system.
The battleground is therefore places like Africa or South and South East Asia, and there's a reason China has quickly announced an alternative.
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Black markets can never be prevented.
The question is whether people would want the goods. Is there a black market for Zimbabwean dollars in the USA, for example?
Libra is pointless in Europe. In fact, it's pointless anywhere there is a developed financial and payment system.
The battleground is therefore places like Africa or South and South East Asia, and there's a reason China has quickly announced an alternative.