What are your thoughts on Facebook’s Libra?


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VP of Global IT and Cybersecurity in Manufacturing, 501 - 1,000 employees
If you havent seen this take a look... 

https://www.bloomberg.com/news/videos/2019-06-18/facebook-s-new-libra-cryptocurrency-to-have-over-100-launch-partners-video
Director Of Technology in Education, 51 - 200 employees
I think Libra may be able to get a lot of traction. Unfortunately it is set to be a stable coin which will limit speculation on the coin.
Assistant Director IT Auditor in Education, 10,001+ employees
I would say potential security risk in the way Facebook does business, but also risk in the stability of the currency.
Advisor | Investor | Former CIO in Services (non-Government), Self-employed
As noted by the WSJ, "
Facebook’s Libra Is a License to Print Money
" https://www.wsj.com/articles/facebooks-libra-is-a-license-to-print-money-11561282380
1
CTO in Software, 11 - 50 employees
It will be interesting to see what they do in the Digital Identity space as the main reason that 1.7b people are "unbanked" is because a good portion of them lack true identity and aren't able to be KYC'ed. As I recently tweeted, those unbanked aren't asking for "faster payments", they are looking for financial inclusion. I don't see Libra currently solving for that.

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Yes35%

No, but I know people who have.20%

No45%

Other (comment below)0%


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