A valuable read for me! I have strange alarm bells ringing because It seems similar to another project white paper that I have been following, Element Zero — whether there’s an actual co-relation or not who knows! Element Zero foundation is a not-for-profit organization with a stablecoin that completely removes volatility. So, I’m not too keen to get on board, knowing that solutions are already out there, who don’t have a bad history. Facebook had a big name and following once, but the platform is declining in popularity and many of its recent developments seem to be grasping at straws. Libra as development is not strong enough to bring a company that’s already in decline back.
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