Dr. Doom: Facebook Libra is a monopoly scam

Dr. Douglas and New York University economics professor Nouriel Roubini posted a tweet saying that Facebook's Libra will be launched as a private, licensed, untrustworthy, centralized, oligopolistic and membership-only club. This is what it calls the blockchain. Like all "enterprise DLTs", it is just a nominal blockchain and a monopolist that extracts a large amount of coin profit from billions of users. (This is a) monopoly scam.