Facebook's proposed crypto-currency - 'Libra' - faces a damning dilemma. Its issuers can render it regulatorily tolerable only by rendering it monetarily superfluous. It is accordingly doomed to no better than glorified PayPal status.
Facebook's proposed crypto-currency - 'Libra' - faces a damning dilemma. Its issuers can render it regulatorily tolerable only by rendering it monetarily superfluous. It is accordingly doomed to no better than glorified PayPal status.
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