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Re:Visa, Mastercard, Stripe, and eBay exit Facebook’s Libra ... by buboard on Saturday October 12, 2019 @03:26AM (#21231246)
libra is backed by eur/usd/gbp etc.
Re:Visa, Mastercard, Stripe, and eBay exit Facebook’s Libra ... by haasted on Saturday October 12, 2019 @03:57AM (#21231368)
Yeah, but in a basket, so there will still be an exchange rate risk towards each of its currency components individually.
Re:Visa, Mastercard, Stripe, and eBay exit Facebook’s Libra ... by buboard on Saturday October 12, 2019 @03:59AM (#21231377)
due to the central limit, its behaviour will be more predictable