The Next Web published a piece about some of the early backers of Libra looking to back away and maybe back out completely.
The story written by Yessi Bello Perez takes a look at a recent report from FT.com (you need to subscribe to read it). It looks like the backlash from regulators is prompting some companies to think about it changing course.
From the article:
Now, the FT it’s spoken to two of Libra‘s founding members, who say they are concerned about the intensifying regulatory scrutiny and are considering walking away altogether.
Additionally, another supporter says they are concerned about publicly supporting Facebook‘s digital currency as this may attract unwanted attention from regulators tasked with overseeing their own business.
Ms. Perez concludes the article with an opinion that Libra might not launch in 2020.
Domain investors have registered well over a couple thousand “Libra” related domains since Facebook announced the new cryptocurrency.
If it ever launches (unlikely) it is destined to be a flop. Whole crypto scene is dead. Peaked 2 years ago and now a long slide into oblivion.
We are going strong with our Crypto
So strong that you are spamming it here?
What’s being spammed?
I agree with you Snoopy, that is why I cashed out 12/2017, made little over 4 million, and move to your beautiful country Australia. However, Blockchain technology is here to say, but crypto as a payment will never take off.
This month Facebook registered alot of Payments/Pay related domains included FBPayments/org MessengerPayments/net/org or WhatsAppPayments/net/org
They never give up 🙂
They are still on it and hopefully it will be done, they are trying to sort out things with the government
this guy is still calling domain-investors as “squatters”
https://news.bitcoin.com/cryptocurrency-domains-have-become-hot-property/
I will be more surprised if it launches, than if it doesn’t.