Product & Startup Builder

My Thoughts On Libra

Added on by Chris Saad.

1. What Josh Elman said “Libra is one of the most impressive big company initiatives I’ve seen in a while. Bold. Forward thinking. Open source. Commitment of distribution across billions. Will see if they can get over the trust line and become truly open”

2. It’s shady as hell that they blocked crypto ads on Facebook until they had a chance to go build their own. I believe it was partly to block scams, but it also had the convenient effect of buying them a lot of time.

3. I’m surprised it hasn’t had more of an effect on the price of Bitcoin.

Originally posted on Facebook