Will Libra Really Have That Much Of An Impact On Bitcoin?

The development lead for NEO and former general manager at Microsoft, John deVadoss has shared his inside knowledge on analysing and testing Facebook’s Libra.
As written by CryptoSlate, 

“Facebook is trying to build a global bank and is attempting to create a world currency. And it’s certainly doable, with usage across billions of individuals and the support of a large number of institutions. It’s an attempt to remake the global banking infrastructure.”

deVadoss goes onto say: 

“Libra is an attempt to build a global (central) bank that piggy-backs on existing central banks’ monetary policy,

This post is an exerpt of an original post published on Crypto Daily. All copyrights about images and text belong to their respective owners.Click the above button to read the original post.