[duguxu]

I don’t know if i’m correct on this. but i think members of the libra have the power to manipulate exchange rate more or less, although they might choose not to use it. Also, upgrading cryptocurrency with improper algorithm or parameters could influence the market, targeting certain countries for instance.

There are decisions in cryptocurrency. and they are “democratically” made in the computing power sense, which means, as a less computationally powerful country, it might lose policy independence in the global voting.

For gold, there would be much less space for policies, both good and bad, and hence less benefits and problems at the same time. I think that’s one of the reasons why it’s not widely adopted anymore.