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Coinnounce 2020-07-10 06:12:43

Economic historian Barry Eichengreen believes Libra has too many problems.

The well-known economic historian Barry Eichengreen believes that stablecoins are either too fragile or too expensive, to emerge as a dominant monetary form in the financial world. The UC Berkely professor argued that Facebook’s planned Libra stablecoin faces too many “insoluble” problems, and too much resistance from governments to ever launch. The Economist told the […]

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