The co-founder of Facebook and the CEO of Libra has broken the silence about the fate of Libra stable coin. According to him and based on the concerns of some countries which has criticized the development of such project and its impact on the existing currency, they are going to handle the project with the utmost sensitivity.
Yeah right, utmost sensitivity my ass. They have been busted already so I don't know what changes they have to do at this point to prove that they will handle everything differently.
Their lobby will only works in US soil, how can they lobby it in Europe wherein France and Germany has taken their public distrust about Libra? Of course, they can launch it because they have all the capital in the world, but to be successful across the globe wherein there is so much disdain about the company and the product? That is another question.