Why do governments keep talking about Libra?

Jonny Fry
3 min readOct 26, 2020

2 min video about the stir even among central banks Libra has caused

Surely the G7 has more pressing needs than fretting over Libra? It would appear not as, according to Reuters, the G7 (United States, Canada, Japan, Germany, France, Italy and the United Kingdom) had Libra on the agenda to discuss at a recent G& meeting at the beginning of October 2020. It is somewhat ironic, as apparently most of the G7 members are currently exploring the possibility of launching their own CBDC (as it is a very inclusive payment mechanism), yet they wish to ban Libra.

--

--

Jonny Fry

#DigitalAssets#Tokens #ChairmanGemini #Fintech #Blockchain #Assetmanager #Speaker #DigitalBytes #Economics @Teamblockchain Twitter:@jonnyfry175