https://old.reddit.com/r/CryptoCurrency/comments/dhbv5z/ama_with_us_congress... "Everyone should have the right to privacy--and by extension--the right to use privacy coins. I would compare this to the use of cash. Today, we can go into a store, pay for something in cash, and not leave a trace about our identity. That should still be possible with digital money." https://www.openlibra.io/ https://mashable.com/article/openlibra/ https://www.theverge.com/2019/10/11/20910330/mastercard-stripe-ebay-facebook... https://www.bbc.com/news/business-50037223 "Stablecoin" cryptocurrencies like Libra pose a risk to the global financial system, warns a new report by the G7 group of nations. The G7 taskforce that produced the report includes senior officials from central banks, the International Monetary Fund and the Financial Stability Board, which coordinates rules for the G20 economies. It says backers of digital currencies like Libra must be legally sound, protect consumers and ensure coins are not used to launder money or fund terrorism.... The draft report says: "The G7 believe that no stablecoin project should begin operation until the legal, regulatory and oversight challenges and risks are adequately addressed...." The draft report outlines nine major risks posed by such digital currencies. It warns that even if Libra's backers address concerns, the project may not get approval from regulators... "Addressing such risks is not necessarily a guarantee of regulatory approval for a stablecoin arrangement," the report says. US Senators Threaten More FHOTI FUD against Crypto https://www.schatz.senate.gov/imo/media/doc/Signed%20Letters%20re%20Libra%20... https://www.zerohedge.com/news/2019-10-10/short-bankers-traditional-institut... https://www.economist.com/briefing/2019/10/05/the-stockmarket-is-now-run-by-...