Re:France and Germany Agree to Block Facebook's Libra
by afiori on Tuesday September 17, 2019 @03:45AM
(#20992652)
>> In Pokemon Go there are coins and they are nothing but points to spend in store.
>That's literally definition of money - abstract points that you can spend in the store.
Better move all my savings to pokécoins then, I am sure they can then be used for money replacement.
Jokes aside there are innumerable difference between real money and an in-game credit both from practical and legal viewpoint.
> That'd be a big surprise for me when I'll try to book my next flight with miles. I certainly thought they'd replace money.
Again credit with a company of a consortium is incomparable to money with a legal standing.
What libra tries to do here is to create a new worldwide concurrency that can in principle subsume most national currencies in the world (maybe except the dollar for technical reasons).
>That's literally definition of money - abstract points that you can spend in the store.
Better move all my savings to pokécoins then, I am sure they can then be used for money replacement.
Jokes aside there are innumerable difference between real money and an in-game credit both from practical and legal viewpoint.
> That'd be a big surprise for me when I'll try to book my next flight with miles. I certainly thought they'd replace money.
Again credit with a company of a consortium is incomparable to money with a legal standing.
What libra tries to do here is to create a new worldwide concurrency that can in principle subsume most national currencies in the world (maybe except the dollar for technical reasons).