RE: RE: Congressional Oversight Hearing on Facebook's Libra Cryptocurrency
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RE: Congressional Oversight Hearing on Facebook's Libra Cryptocurrency

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Thanks for your comment Piotr! I feel Libra would be a threat to current monetary systems, but that is no different than Bitcoin or any other crypto that may make a mass adoption into the market. Facebook has more power than I think people realize and they are the last company I would want to see with a hold on the financial sector. You may need to still use fiat over the coming years, but the goal would be to move into the crypto space for all forms of payment. Fiat currency is fully capable of collapse. Just because the dollar is the most powerful currency in the world today doesn't mean it will be tomorrow. In the mean time you can sell crypto for fiat if need be and during the bull runs your crypto is giving you more fiat than your fiat ever would have if you left it sitting somewhere.