Is Libra really the world’s most ambitious international settlement system?
We stumbled across some exceedingly insightful text about the world’s most ambitious international settlement system and thought it worth sharing. It’s by a source very familiar to the Financial Times and the financial press in general, but we’d rather wait until you’ve read it before we reveal who it is....MORE
So here goes...
Although many months have passed since the announcement was made, and fuller details of the scheme have been published in the meantime, public opinion has found it difficult to crystallise into any definite attitude upon the merits or demerits of the proposed plan. Expert opinion is fairly evenly divided between adherents and opponents of the scheme, while the predominant feeling among the general public is that of curiosity mingled with distrust -- that instinctive distrust of the average man towards any creation of genius which threatens to interfere with the routine of the Universe.The source goes on....
The headline was stolen from the writer of the above piece, Izabella Kaminska.
This post IS about Facebook and Libra:
Zuckerbuck vs PayPal vs China
