It’s no Bitcoin: Facebook’s Libra Currency Is Tied to Government Currencies

 

It’s no Bitcoin: Facebook’s Libra Currency Is Tied to Government Currencies

Nobel laureate F.A. Hayek was, as he says in the 1990 introduction to his Denationalization of Money: The Argument Refined, one of the chief “gold bugs” of the 20th century. And he reminded us, so …

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