Articles of Libra

Director of the Central Bank Research Bureau: The central bank's digital currency helps to improve the effectiveness of monetary policy

Sina Finance News, July 8 news, the launch of the Digital Finance Open Research Program and the first academic seminar were held in Beijing today. Wang Xin, the director of the Central Bank Research Bureau, attended and delivered a speech. Wang Xin said that the central bank's digital currency will help improve the effectiveness of […]

How to build a new stable currency that competes with Libra

table of Contents First, the two forms of future digital assets Second, the digital asset exchange is the basis of the new stable currency 2.1. The exchange provides the asset base for the stable currency 2.2. The exchange provides application scenarios for the stable currency 2.3. The technical basis of the exchange 2.4. The organizational […]

ECB raises regulatory warning on Facebook's encryption project Libra

According to Bloomberg News, ECB Executive Committee member Benoit Coeure said that financial regulators must act quickly against the new financial system launched by US technology giants such as Facebook. Coeure said in an interview with Bloomberg in France on Sunday that "it is impossible to develop them in the regulatory gap of financial services […]

Babbitt Column | How to create a new stable currency that competes with Libra

table of Contents First, the two forms of future digital currency Second, the digital asset exchange is the basis of the new stable currency 2.1. Exchange provides asset base for stable currency 2.2. Exchange provides application scenarios for stable coins 2.3. The technical basis of the exchange 2.4. The organizational model of the exchange Third, […]

Zhu Jiaming: Libra may be a test and attempt to solve the "inequality of financial resources"

Source: Digital Assets Institute (WeChat Public) Original title: "Zhu Jiaming | Libra Digital Currency and Global Financial Resources Equality" This article is a speech by the author on July 2, 2019, at the China Blockchain Application Research Center and the National Federation of Industry and Commerce Blockchain Professional Committee, “The Impact of Libra Currency and […]

Dragon White: Libra is a skyscraper built on the beach

Article source: Star joint venture (WeChat public number) Original title: "Dragon White: Libra is a skyscraper built on the beach" On June 25th, the first event in Beijing, “The Impact of Libra Currency and China's Countermeasures”, sparked heated discussions and extensive attention. On the afternoon of July 2, 2019, the Shanghai Forum on the Impact […]

Babbitt column | 5 big questions of FB, Libra's 3-layer system and FB one stone three birds

Facebook's Facebook operation is not good, the growth is weak, and operating income and active users are falling, which is lower than market expectations. According to the analysis of FB earnings in recent years, its income composition is heavily dependent on advertising revenue, which accounts for more than 98% of total revenue, and this part […]

Will Facebook and Libra fight with each other?

About the author: Henry He, co-founder and CEO of SesameOpen, has worked at Google, graduated from Wharton with an MBA, and is a researcher in economics, a network/IP security expert with eight patents. This article is compiled exclusively by Encrypted Valley . On June 18th, social giant Facebook officially released Libra's white paper on its […]

Viewpoints | Some "malicious" speculations on how Facebook promotes Libra

The American drama "Mr. Robot", which was launched in 2015, will become a drama. The play accurately predicts the story of the digital currency Ecoin issued by a multinational monopoly. It's inevitable to think of Facebook's Libra today. In the play, there is a very bold setting for Ecoin's release background and promotion method. Whether […]

Xiao Lei: The United States prevents Facebook from issuing coins, and challenging US dollar hegemony will trigger a global currency war.

In order to explain the US House of Representatives requesting Facebook to stop sending money, we still need to start from a farther thing. When the paper on the creation of the Bitcoin system was published in 2008, the world was experiencing a serious financial crisis. At that time, the US government injected huge amounts […]