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by mr_toad
2561 days ago
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> I think the idea behind Libra is that, while the peg will drift, Libra will still be a drastically more stable store of value compared to almost every other crypto. There will be a temptation to speculate on it. And once started, speculation could easily get out of hand. If they want some semblance of stability they’re going to be prepared to actively engage in monetary operations, just like any other currency. |
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