Libra: 4 Reasons to Pump the Brakes (and 4 Reasons it Might Succeed)

Facebook’s Libra announcement was met last week with a ton of hype, dominating the news cycle for several days. The proposed cryptocurrency is designed to be a stablecoin – backed by several international securities to avoid volatility – making it easier to use for everyday transactions than currencies like Bitcoin, which experience regular large fluctuations in value. The question on everyone’s mind right now is, “will it work?” Cryptocurrencies have been around for some time, [...]