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A comment on Coinbase Drops Promise of Token’s Cash Backing That Wasn’t True. Parent comment

Re:Coinbase Drops Promise of Token’s Cash Backing That Wasn’... by ignoramous on Wednesday August 11, 2021 @10:03AM (#28142100)
Interesting then Facebook chose to build the Libra/Diem alt-coin (and network?) with similar guarantees (backed by equivalent assets), instead of relying on USDC.

I'm confident that Facebook (and not Coinbase) will make cryptocurrency mainstream by enabling cross-border micro-transactions through e-commerce across its WhatsApp and Instagram userbase.

[ Parent | on HN ]
Re:Coinbase Drops Promise of Token’s Cash Backing That Wasn’... by sparkling on Wednesday August 11, 2021 @10:08AM (#28142161)
Its been a minute since Libra was in the news, is it still being actively developed by FB after many of their initial partners dropped out?
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Re:Coinbase Drops Promise of Token’s Cash Backing That Wasn’... by ignoramous on Saturday August 14, 2021 @07:06AM (#28179722)
Personally, I think it is a matter of when, not if.
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