freethinkingperson on Nostr: I used to work for a major crypto exchange (one of the top several by 24 hour volume ...

I used to work for a major crypto exchange (one of the top several by 24 hour volume in the world). Went from building up social to developing the corporate onboarding to eventually being asked (by the CEO) to develop strategy for the whole company. Well, there was a member of the strategy team who felt that Libra was the future, that it was the greatest thing since sliced bread, that the company should do everything in its power to work with FB / Libra team to eventually "list Libra." I was vocally against this (as well as other shitcoin proposals that went nowhere, or went somewhere but ultimately went down in flames). Sure enough, these (Libra etc) concepts were meritless. They have to be evaluated on their merits, not based on whether or not someone is merely excited about them because of shilling by interest groups or the idea of short-term profits. And the vast majority of them are without merit based on any standard. Bitcoin on the other hand is without question useful to all without question.