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RE: Zuckerberg is wishing he would have just gone full Bitcoin...

in #bitcoin5 years ago

I'm pretty sure Zuck bucks will be DOA, they're not going to let him win this one and will drag it out as long as possible until he gives up. The dollar can't afford to have any sort of competition at this point and something on Facebook's scale would obliterate a lot of its influence.

BTC is a unique case I mean no one wants to spend it because they hope it has more buying power in the future. Eventually, when we reach a Satoshi having buying power like 0.01 level we could see people willing to part with their precious BTC as a form of currency and with the lightning network it will be so cheap to do so

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His selling point was that a lot of the money backing Libra would be in dollars, and he says that if the US doesn't get on board with this, someone else will, and it wont be backed by dollars, thus weakening the US's global financial position.

and now the BAT stocks are getting their marching orders from the chinese government...

Build something like that, and go forth and conquer the world

I am sure they will do their best!

I can't express myself how much I agree with all the above said, @chekohler