Libra untangled: what lies behind facebook´s digital currency project — PART II

facebook libra untangled

Part II

Libra will not solve the “unbanked” problem

Libra will be never fully decentralized

Libra is the geopolitical tool that the US government needs to strengthen the US$ reserve status for time to come

Libra to strengthen US$ reserve status
TABLE 1 — Libra estimated reserve fund growth and revenues from reserve investments
The end of the Petrodollar, Dollars for Oil System may be replaced by a new “Libra for Dollars” system

Libra can help create the network infrastructure for Securities Token

Conclusions

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