The Startup
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The Startup

Is Cryptocurrency Really Money? — Market Mad House

Facebook’s Project Libra raises the interesting and divisive question: “is cryptocurrency really money?” Moreover, Project Libra leads to the disruptive question should we allow corporations to issue money?

Predictably, some prominent politicians; including U.S. President Donald J. Trump (R-New York) and U.S. Senators, are on the warpath against Libra. For example on 9 July 2019 Trump Tweeted, “Facebook Libra’s ‘virtual currency’ will have little standing or dependability.”

What Value will Libra Have?

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Daniel G. Jennings

Daniel G. Jennings

4K Followers

Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.