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RE: Letter To The Committee Of Financial Services About Libra

in #blockchain5 years ago

It's the best explanation I've ever seen about the meaning of the two biggest cryptocurrencies. The BTC value vs. the Ether utility and the Ethereum blockchain.

I have no care about Libra, already has too many problems with the government of the United States and the community of cryptocurrencies opinion. Many rumors that it has to pay millions in fines and that it is a stolen MIT project. At the moment I don't see much availability of this Facebook project.

I think that the Ethereum network needs to be more scalable in order to be able to respond to the meaning of manage and track a digital representation of the US dollar.

The good news is that the developers are working on a 2.0 version to make it happen.

Thanks for sharing

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Thank you for your great comment. I don't think Libra is very valuable either. It might not even launch, we'll see.

Thanks! :)

Yeah! Libra has too many problems. Maybe, it won't launch

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