EP. 10: Facebook‘s Libra - What is it? - The Pros and Cons - My personal view on it

- In 2020, the Libra Association lead by Facebook wants to go live with a new cryptocurrency: Libra. In theory, if you open up your Facebook account in the middle of 2020, you might find a new crypto wallet inside - and you might own Libra, a stablecoin, with that you can pay everyone and everywhere. Libra could be one of the top three cryptocurrencies. Estimations are that, after its launch, it would grow within three months to a market capitalization of around 250 billion dollars, nearly then matching Bitcoin and perhaps surpassing Ethereum. But do we want this? Before we answer this question, it‘s important to know: What is Libra? What is a stablecoin? Who partners with Facebook? What is the current state of regulation on Libra? Dennis eventually shares his personal thoughts on Libra, which are slightly different from the mainstream coverage on the project.