China is being proactive when it comes to cryptocurrency and they are proving it by introducing a country crypto. Libra has no chance to compete. Other countries have to follow suite before Facebook has control of the world! I still do not understand why US government will interrogate Facebook, but not take their own action to develop a crypto to compete? Maybe they have an in with Facebook? Either way this is another proof crypto is here to stay as governments are now developing their own crypto.
