/biz/ - Business & Finance

Just want to say I like how this thread was started as a gay shill for RSR but evolved into a discussion of the ramifications of allowing a coalition of corporations take control of the money supply.

Personally I'm for it. This is the type of chaos that's going to give us a competitive edge in the coming demolition of the current financial systems in place. If we all can navigate through this bullshit correctly, we're going to be rich men in a hyper-capitalist corporate dystopia.

By the way, FB is not what's going to be running the show here. Notice that VISA and Mastercard have purchased a stake; this is going to be a corporate exchange of value. And I look forward to taking advantage of the discounts available for utilizing the currency. I would prefer to store my wealth in Libra as opposed to the USD on the offchance it decouples from the peg when the USD hyperinflates to 0.

This is the new financial system gentlemen. It's old money vs new money and I'm betting on Big Tech pulling through against the Fed.