" Libra: Facebook Wants to Control Your Money
Facebook - backed by some of the largest banks and corporations on Earth - seek to create a global digital currency and reassert Western dominion over the global economy."
http://landdestroyer.blogspot.com/2019/11/libra-facebook-wants-to-control-your.html#more
A long and rich article which Dr Dejahang posted here yesterday. ( https://qoto.org/@drdej555/103239575953234069 )I read thru and he covers a wide variety of implications. A good read, requires focus.
@design_RG At least it has some imperical backing, I guess, unlike USD...
@design_RG Well I mean anybody can move cash, so theoretically anyone, even the Chinese, can control USD.
I'm pretty sure there are international banks that deal in USD too, so even then the US government has only a certain level of control over its own currency.