“To grasp the implications of Libra in the wider world of cryptocurrencies, of which there are thousands, it’s vital to understand how Bitcoin operates and why its users see value in a decentralized, non-national monetary system. By highlighting how Bitcoin works alongside Libra, it’s clear that the two have about as much in common as the Federal Reserve’s monetary policy does with gold mining — or a corporate powerhouse does with an employee-owned company.”
The full story by Colin Harper may be found in the VentureBeat web site at: http://bit.ly/2RV5PiK.
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Categories: Crypto Currencies
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