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by delfinom
2441 days ago
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Libra isn't designed to become decentralized.
It's a rent seeking scheme. Libra is meant to hold an fiat backing balance by users putting money in. Facebook gets to reap 100% of the interest on said fiat with no money going to users, ever.
They document it as such in their "whitepaper". It's basically a scheme to create serfs. |
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