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Re:France and Germany Agree to Block Facebook's Libra by smsm42 on Saturday September 14, 2019 @06:48PM (#20974358)
You sound like somebody tried to force you to trade in Libra and German government prevented it. But Libra is not money - unless you choose to trade in it and use it as medium of exchange, and nobody so far tried to make dealing with it involuntary. So what exactly German government saved you from?
Re:France and Germany Agree to Block Facebook's Libra by Certhas on Sunday September 15, 2019 @05:40AM (#20976376)
It saved me from having to live in a world with an overly powerful, not democratically legitimized financial entity. Given the power cooperations already yield this is a _good thing_ in my view.
Re:France and Germany Agree to Block Facebook's Libra by smsm42 on Tuesday September 17, 2019 @02:01AM (#20992071)
> It saved me from having to live in a world with an overly powerful, not democratically legitimized financial entity

You mean, besides about 100 or so banks and trans-national corporations, including Facebook itself, that already exist? But yes, surely banning one more cryptocurrency out of over 9000 already existing makes huge difference. Not.

> Given the power cooperations already yield this is a _good thing_ in my view.

You view seems to be "corporations have too much power, so any action that hurts any corporation, even if it doesn't change anything and does not improve situation in any way, is good". This is not a very sane approach to anything.

Re:France and Germany Agree to Block Facebook's Libra by Certhas on Tuesday September 24, 2019 @08:23AM (#21059262)
Banks are heavily regulated, and Libra would not be just another cryptocurrency. It's reasonable to expect that it would have been (and still might be) considerably more powerful than any one existing bank.

Comparing it to the toy money that existing crypto currencies are is likewise entirely irrelevant. It's structurally different for one, as Facebook et.al. would back Libras exchange rate. It's also backed by enormous economic power:

https://libra.org/en-US/association/#founding_members