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Thread: Global currency? Everything you need to know about Facebook's Libra cryptocurrency

  1. #31
    Libra will not be dependent on 1 currency, but a basket of currencies that are invested in bonds. though the USD is still the world’s reserve, it is slowly losing relevancy as the us has been in relative decline and its competitors have reduced its dependency on it. so imo, taking a basket approach is prolly better than just dependency on usd.



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  3. #32
    all fiat currencies are will fail eventually.



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  5. #33
    Fiat currency and paper banknotes have existed in almost all developed nations (and even most undeveloped ones) for centuries now. Even the ancient Chinese and Mongols had it (though its introduction usually led to immediate economic disasters, due to the state's initial lack of understanding that it can't magically create more wealth just by printing more banknotes) that's what i read on these news sites have a look for better understanding https://cryptolinks.com/cryptocurrency-news. There is nothing exceptional about America in this regard.

  6. #34
    Why are there so many spammers on crypto threads?
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    Visiting the Outer Banks of NC?
    Outer Banks NC Fishing Boat Rentals

  7. #35
    Quote Originally Posted by devil21 View Post
    Why are there so many spammers on crypto threads?
    Every scam needs its shills.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  8. #36
    Quote Originally Posted by Swordsmyth View Post
    Every scam needs its shills.
    Scam? We're not talking politics
    “…let us teach them that all who draw breath are of equal worth, and that those who seek to press heel upon the throat of liberty, will fall to the cry of FREEDOM!!!” – Spartacus, War of the Damned

    BTC: 1AFbCLYU3G1dkbsSJnk3spWeEwpqYVC2Pq

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