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Libra having a wobble
#1
https://www.theguardian.com/technology/2...tocurrency

Paypal is pulling out of Libra and possibly Mastercard and Visa are too.
The article suggests a lot of political pressure from USA and Europe are the cause of issues.
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#2
(2019-10-07, 02:36 PM)BobBobert Wrote: https://www.theguardian.com/technology/2...tocurrency

Paypal is pulling out of Libra and possibly Mastercard and Visa are too.
The article suggests a lot of political pressure from USA and Europe are the cause of issues.

Yeah they are afraid of money laundering. At least it's the official statement, but in reality they are afraid that fiat is replaced by crypto.
Cardano is the most promising 3 gen. crypto right now.


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#3
I guess tax evasion is a major worry too. But since it has been revealed that the likes of Amazon and Starbucks pay about as much tax in the UK as a few friends and I do, then I have no sympathy for governments who allow this to happen.

Bring on the crypto!
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#4
(2019-10-08, 10:53 AM)BobBobert Wrote: I guess tax evasion is a major worry too. But since it has been revealed that the likes of Amazon and Starbucks pay about as much tax in the UK as a few friends and I do, then I have no sympathy for governments who allow this to happen.

Bring on the crypto!

True. McDonald, Apple, Facebook, Google, and some other major companies doesn't pay tax at all in DK. (or at least almost nothing).
Cardano is the most promising 3 gen. crypto right now.


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#5
I wonder how much they donate to politicians? Or are they too big to even need to do that?

Was there not a big fuss when France said it was chasing after some US tech companies a month or two ago?
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#6
(2019-10-09, 12:40 PM)BobBobert Wrote: I wonder how much they donate to politicians?  Or are they too big to even need to do that?  

Was there not a big fuss when France said it was chasing after some US tech companies a month or two ago?

I have no idea if there is official information about who get donations from those companies, but I'm pretty sure they behind the scenes support politicians that go in their direction.
Cardano is the most promising 3 gen. crypto right now.


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