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mk · 1987 days ago · link · · parent · post: "Any company big enough to start its own currency is just too big."
There are so many downsides to a world using Libra and very few upsides. Payments should flow over a protocol that no one owns, not Facebook, not the US government. Governments can get involved with the on-ramps and off-ramps their citizens use, and in representative governments, the citizens ought to decide what that involvement looks like. Baking authority into the protocol itself is economic tyranny.