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RE: Lets talk about: Facebook’s “Libra”
I love Martini. Will pour myself one soon. However, I am less negative than you regarding libra. Of course it is not a cryptocurrency, but for many millions it will still be a better coin than the local rubbish they have to deal with now. Also, as long as bitcoin, or any other crypto, is not ready to be a retail coin, I can see an advantage in libra filling that gap. At some point there is only one step more to take and that is to replace libra with a real retail cryptocurrency, whicheverone that may be. We are moving forward: I drink to that!
I get what you're saying, it's not all bad. But it is exploitive and I don't believe in its altruistic marketing spin, not even for a second. I hear Russia has already banned it and others may follow. At this stage if may struggle just to get off the ground! Even that may be a good thing: it would demonstrate the ridiculous power that central banks and their government puppets wield.
I bought a plane ticket with Bitcoin. Is a plane ticket not retail?
I mean buying your groceries at a supermarket where you cannot wait for confirmation. Bitcoin might very well become the currency for the Internet. I agree with that.
Some grocery stores do accept Bitcoin.