Opinion: Libra is a "real threat" to the dollar

On July 14th, Ryan Selkis, CEO of encryption research firm Messari, said in an interview that Libra is a "real threat" to the US dollar because Facebook wants to know how to build a dollar with a basket of international currencies. For the US government, this move will lead to the decoupling of sovereign legal currency from the influence of the central bank. Selkis also said that Facebook has just reached a $5 billion settlement with the US Federal Trade Commission on privacy violations, which makes the US government more suspicious of the company's move into the financial sector.