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Re:Paypal Withdraws from Facebook's Libra Cryptocurrency by FillardMillmore on Friday October 04, 2019 @09:30PM (#21163268)
I think you're right on the money (no pun intended). The technology is there. If government doesn't get in the way (which they will), market forces would dictate that a company (Facebook or other) would use this technology (Blockchain) to make these sort of transactions more efficient and cost-effective for everyone willing to adopt them.
Re:Paypal Withdraws from Facebook's Libra Cryptocurrency by rrdharan on Friday October 04, 2019 @11:18PM (#21163613)
A distributed ledger is not more efficient than a centralized ledger. You give up efficiency in exchange for distributing the trust.