Libra is not a digital currency
I think this is just a good idea. I personally feel that Libra should not be able to compete with Alipay and WeChat for a period of time. p>
although Libra will cooperate with many other wallets in the global payment network, we still need to pay attention to the background, national conditions, user habits and so on. Therefore, under China's financial and legal system, it is almost impossible for Libra to compete with the two domestic payment giants
According to the white paper, the global borderless Libra coin has three cores: blockchain based, real asset guarantee and independent association governance. In other words, Libra coin is a "stable currency" guaranteed by the real asset reserve. Each Libra coin will have a basket of currencies or assets of corresponding value for trust endorsement, which is supervised by the founding members of Libra coin Association, and each founding member is responsible for running a verifier node. Facebook believes that there are still 1.7 billion alts in the world who are not exposed to the financial system and cannot enjoy formal financial services, and the current financial transaction costs are too high, so this pattern needs to be broken. According to its assumption, Libra is a stable currency and a super sovereign digital currency. By issuing "Libra coin", we will explore the establishment of a simple, borderless currency and financial infrastructure for billions of people
Libra is linked to a basket of currency deposits or government bonds, and it is more in line with the public's habitual thinking that it is linked to cryptocurrencies without any asset support, such as bitcoin. Therefore, the listing of Libra currency will inevitably have an impact on the online digital currency. Some of the funds were diverted to Libra
however, the impact on real money is very limited, because the right to issue digital money will inevitably be concentrated in the hands of central banks, and private companies will not be allowed to be involved in this field.
I don't think Libra is so easy to circulate. The United States can't decide anything. He thought very well, circulating that, but money is a financial tool, and I'm not a person who understands finance. Let's talk about my superficial opinions. He must have professional people to manipulate the currency. If there is a problem, it will bring huge problems, such as inflation and what money is not worth. Libra is still competing against Alipay. This is basically two things. p>
what they think is very good. After all, there is no myth about Internet entrepreneurship now, and they all want to create a new myth, but I don't think this idea is very good. At least as an ordinary person, I will worry about it and won't use it. We all know that bitcoin has a very scarce factor, because bitcoin only circulates in the market at present, that is to say, no new bitcoin will be added. This scarcity also creates the idea that people want to collect very much. Therefore, the price of bitcoin will continue to increase because of its scarcity, but if a new bitcoin appears one day, Then the price is bound to fall rapidly
Libra is still a very fresh word for many people . Many people may not know what Libra is, and how it can compete with WeChat and Alipay. To understand these reasons, we must first have a clear understanding of Libra< Libra, known as "Libra coin" in China, is a kind of cryptocurrency issued by Facebook company , which is currently in the hearing stage in the United States
even if Libra has assets as endorsements, it is still not legal tender , and the risk does not exist! Although Libra can realize the equivalent exchange with legal tender, its essence is still a kind of "token" , which means that their value fluctuates greatly, it is difficult to achieve stability, and it is easy to damage the interests of consumers< Strong> is precisely because of this "token" nature, Libra can not compete with the dollar , and can only compete with some online electronic payment methods, such as WeChat Alipay! p>