Re:France and Germany Agree to Block Facebook's Libra
by TheKarateKid on Saturday September 14, 2019 @02:36PM
(#20972804)
> Why are you so convinced that everyone would immediately want to use Libra?
In the beginning, it will be optional. But if/when everyone starts using it, most people won’t have a choice.
If Libra is going to be more economically than a typical bank, that will take many years and give plenty of time to react in case of problems. Also, it should first be up to the people for themselves to decide what means of payment they are using. The government should only intervene when the market fails.