The US Government is running scared, Facebook, the global social media company are launching their own coin. They want to regulate it and fight it because they know that if people take up this coin and other cryptos, the dollar could die, people would simply stop using it.
However, there are all kinds of issues with a global company running money, the same issues, in fact, that countries have running money, corruption, debt, interest.
Personally, stick with Bitcoin and you’ll be ok. Just imagine if Facebook banned your account and you could no longer access it?!
A company running money? Bad idea.
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