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RE: Necessity is the Mother of Invention

in #informationwar5 years ago

Also you're just flat out wrong about Libra.
There is a reason why Zuckerturd got slapped down hard.
Libra represents a threat to central banking.
They don't want the competition.
He would have just as easily got the green light if it had value to them. It doesn't.

Pretty soon corporations are going to be wondering what the hell they need central banks for. They can be their own central bank. In the war between revolutionary tech companies and central bank dinosaurs, I'm betting on tech companies. The destabilization of the balance of power this war causes will allow real decentralization to trickle through the cracks.

I don't care if hundreds of millions of people get fucked over by Libra if it gets hundreds of millions of people more accepting/educated of crypto in general.