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RE: Facebook Becoming The Second Most Powerful Financial Institution?

in Threespeak4 years ago

I can just wonder if LIBRA cryptocurrency and Facebook itself puts in danger the free blockchains and cryptocurrencies around in the space. I believe that everything around it will be proprietary and not sure what benefits one would have and if we will be able to transact the toke outside their ecosystem.

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It could end up being an onramp to the other blockchain based currencies. To start it will introduce more people to digital payments. Then, it might actually provide them with some resources which to buy Bitcoin or whatever.

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