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RE: Libra - Thoughts on the Potential Effects on the Crypto Sphere
A very detailed article and I learnt some new things: in particular the open source aspects of Libra which I didn't know about. Very pleasing to see you are still bullish on Steem. Thanks for sharing @scipio
The Steem ecosystem is undergoing tremendous developments lately, both on the surface and "behind the scenes". A Massive Force such as Libra entering the cryptosphere is a huge deal, as it has all the potential to be mass-adopted and disrupt both the financial / banking sector as many alt-crypto markets as well.
Thx for replying!
The scale of the Corporate Partnerships in Libra May never have been seen before. I agree the disruptive nature of the venture could be groundbreaking.
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It's a FACT crypto partnerships we're never there at this scale before! But like I've mentioned in the post already, there isn't a single current bank involved - yet - and CoinBase seems to be the only current crypto partner. There are also no big Tech Providers partnering, but 28 out of 100 targeted Founding Members, there's still quite some room to grow for those partnerships to make Libra even bigger...
The world has never seen such partnerships on crypto / financial endeavours... "Huge" isn't huge enough to express the scale of what this might bring...