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- Users: Paul43
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Facebook Libra Cryptocurrency?
According to Reuters, French finance minister Bruno Le Maire told a news conference on July 18 that the G7 “cannot accept private companies issuing their own currencies without democratic control.” Libra Will Upset World Economy If It Isn't Regulated Tightly, G7 Warns What kind of "democratic...- Paul43
- Post #12
- Forum: Cryptocurrency
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Facebook Libra Cryptocurrency?
Dear Mr. Zuckerberg: Backing your new money—as you plan to do—with a basket of currencies won’t cut it. In today’s monetary system the values of currencies jump up and down, so you won’t get the stability you need. Countries that became global powerhouses–Holland, followed by Britain (Isaac...- Paul43
- Post #10
- Forum: Cryptocurrency
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Facebook Libra Cryptocurrency?
"...and be backed by a reserve of assets ostensibly “designed to give it intrinsic value” and mitigate volatility fluctuations. These assets consist of a basket of bank deposits and short-term government securities..." Facebook Releases Cryptocurrency White Paper for Libra Currency So, I...- Paul43
- Post #6
- Forum: Cryptocurrency
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Facebook Libra Cryptocurrency?
When you have THIS behind you, you win. Regulators have to do something in order to show that they exist, they can postpone but they cannot take down what such mega-players have built up. Besides, Libra is a Stablecoin. It has everything Bitcoin has, minus its flaw, volatility. There is a giant...- Paul43
- Post #3
- Forum: Cryptocurrency
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Is it worth investing in CryptoCurrency?
I'm participating to the Affiliate Program of a gold-backed Stablecoin project named Kinesis, which Graybeard is very fond of- Paul43
- Post #69
- Forum: Cryptocurrency
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Is it worth investing in CryptoCurrency?
Cryptos can be used for investing, for gambling, and as a currency. The most interesting part is as a currency. Cryptos can revolutionise our financial system precisely because they can become currency, an alternative to the Central Banks constantly depreciating fake money. Their volatility...- Paul43
- Post #67
- Forum: Cryptocurrency
