Homesteading Life & Libra Coin

So everybody is talking about Libra coin and what one can do with it. I thought I should add my few cents on the topic. And how it affects homesteaders and the lifestyle I want to live and what questions I have about such coins.

Image credit: Github

1. Libra is centralized. It is owned by organization with data tampering interest but they pretend to be a socialist initiative. Which is a big red flag.
2. We all know how serious Facebook can be a threat to democracy and how they use their platform to brainwash people.
3. Libra can be used to create communist regime with a dictator which can be pretty dangerous knowing how people in N.Korea suffer under it.
4. Homesteaders don't want to be mapped in some data and being forced to pay in some specific currency. We want anonymous transaction lifestyle, not centralized and controlled by business with manipulative interest.
5. Millennial who live on likes and shares and socialist attention seeking of so called empowerment on social justice, would fall for Libra coin and end up supporting it. Which may create issues for us to survive without this coin. Which means we have to double down efforts towards anonymous coins like bitcoin and push it.
6. Homesteaders will have their anonymous currencies attacked if they support Libra coin.
7. They will be monitored by Libra foundation and even worst the whole purpose of going homestead and off the grid would be questioned.
8. Govt around the world would be affected which in turn means more security issues in living off grid away from communities. Venezuela is one example when we see what it does to people when they starve and run on such business controlled govt schemes.
9. Value of gold and real estate will be damaged as the control moves towards Libra.
10. New generation would be definitely affecting as they have to give their personal data and also being controlled on the thoughts by this foundation as the currency being used in facebook, and other social networks be connected to libra. So any opinion which is not supported by Libra would be attacked and potentially silenced.

I have no plans to support such currency and turn my lifestyle into dark future.

I hope you like this post. Do let me know in the comments your opinion on my content.

Rydhi
xox