Libra Isn’t a Cryptocurrency. It’s a Glimpse of a New Asset Class
Coming from an organization so tied to the question of identity (whether real or not), it is surprising that Facebook’s Libra coin seems confused about its own.
The organization has chosen to brand Libra “a stable global cryptocurrency,” and the label “cryptocurrency” has been replicated by media around the world. Yet Libra is not a cryptocurrency.
Don’t get me wrong – those of us in the sector appreciate the global attention given to the concept since the announcement.
But in this case the definition matters beyond semantics: it will affect eventual use cases and regulatory treatment. It could also transform how investors view both stablecoins and blockchain-based securities going forward.
https://www.coindesk.com/libra-isnt-a-cryptocurrency-its-a-glimpse-of-a-new-asset-class
Hello!
Congratulations @platyrhodon ! You received upvote from @kryptoniabot & @kryptonia for your task of 515 SUP Today.
Remember to receive votes from @kryptoniabot
Run a task on Kryptonia.
Use the tags KRYPTONIA or SUPERIORCOIN in your Steemit post.
Delegate to the Kryptonia Upvote by clicking links: 10SP , 50SP , 100SP , 500SP , 1000SP
Due to an increased amount of tasks, we have changed up the voting power to evenly spread out the Upvote amount.