Brian Armstrong @brian_armstrong Co-founder & CEO at @Coinbase Co-founder @GiveCrypto Building an open financial system for the world. Join us: coinbase.com/careers Oct. 13, 2019 1 min read

Something feels very un-american about this. Two senators writing to Visa, Mastercard, and Stripe to ask them to withdraw from Libra.  https://www.coindesk.com/us-lawmakers-call-on-payment-giants-to-exit-chilling-libra-project 

Doesn't matter what you think of Libra. If it's not a useful tool or innovation, people won't use it. Why the need for the intimidation tactics? This would be called anti-competitive/monopolistic behavior if any private company did it.

Do we want to have a centrally planned economy, or let 1,000 ideas be tried in a free market to see which ones break through and deliver real value? Breakthroughs are by definition contrarian ideas, otherwise they would have already have been tried.


You can follow @brian_armstrong.



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