Reply to post: Re: eBay, Visa, Stripe, PayPal, others flee Facebook

From Libra to leave-ya: eBay, Visa, Stripe, PayPal, others flee Facebook's crypto-coin

Anonymous Coward
Anonymous Coward

Re: eBay, Visa, Stripe, PayPal, others flee Facebook

A cryptocurrency can gain enough momentum that it can stand on its own without any one government's faith and credit, becoming an independent instrument of trade. That's something that governments (especially the US, source of the remaining reserve currency of choice) would significantly fear. It's just that no one currency has gotten over the top at this point in time.

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