Thank you for your kind reply @blysards
Important question I would like to ask you, and hopefully you would share your own opinion:
- many people out there seem to see Libra as a threat to current monetary system. I'm one of those. However I've learned that global economy is build on debt. And all debts are in FIAT currency. So does it really matter if people use Libra to pay for their "groceries" and shop online? They still need to pay all their debts and mortgages for next 20-30 years in their local fiat currency.
For that reason alone I cannot see monetary system being changed much. Neither by libra or bitcoin or any other crypto. Debts, goverment expenses, trade oil - all of it will still require $$$.
What do you think?
I'm creating a company on xDAC and if it works, I could hugely win
Could you please tell me more about your project? I've quite a solid audience and strong follower base within crypto community and perhaps I could help somehow.
Yours,
Piotr
RE: My opinion on Libra