Meng Yan: Facebook hopes to upgrade to a superbank in the digital economy world through the Libra project

Today, Babbitt columnist Meng Yan issued a text on the origin, significance and consequences of Facebook's digital currency. Meng Yan said that Facebook is hoping to upgrade to a super-bank that has both coin and credit rights in the digital economy world through the Libra project. In the short term, Libra will be issued in a legal currency debt collateral. In the long run, Libra will adopt a hybrid model to achieve the factual mastery of the coinage. For more information, please visit Babbitt News: "Facebook Digital Currency: Origin, Significance and Consequences (4D Long Text)" https://www.8btc.com/article/427929