Re:Open Libra: An open platform for financial inclusion
by eru on Monday October 14, 2019 @04:34AM
(#21246197)
> Linking to a monetary basked is another idea borrowed from economics that is based on the less than accurate understanding there of how monetary systems actually work.
What do you mean? That's essentially how index-fund ETFs work. Is there a reason you think it's not suitable for a currency?
I suspect the reason other financial companies are withdrawing is that they´ve looked at the practical implications.