‪the Libra hearings lessons:‬ ‪- lawmakers know little about fin services & tech (in this instance it may be hampering society)‬ ‪- Libra is not ready for prime time‬ ‪- Libra is centralized and will remain more centralized than less for a while‬ ‪- FB is obfuscating every which way ‬ ‪ ‪- Libra will impact fx, monetary policies, and is a geopolitical hot potato fresh out of its white paper.‬ ‪- data and identity are intricately related with the payments use cases‬ ‪- Libra has little to do with crypto or blockchain ‪- unavoidably so, FB l will he about the only biz that benefits from Libra and so will states that allow it to operate. on the basis that states will be granted the rights and oversight they seek (more control over data). #crypto #blockchain #payments #tokenization #fintech #cryptocurrencies #capitalmarkets #regulation #economics #banking #money …see more