On June 24, a former adviser to US President Donald Trump, Stephen Moore, admired the Libra cryptocurrency. This ex-adviser told in an interview for Yahoo and shared his positive impression of the payment system with the Consortium.
Cryptocurrency from Facebook: Stephen Moore's opinion
In an interview Stephen Moore called the Libra cryptocurrency attractive, and He also suggested that it could create competition for many central banks.
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As you know, earlier Stephen Moore was the chief adviser and confidant of the American president. According to the information, he ceased to cooperate with Trump, after the latter was going to nominate him to the Fed. Stephen Moore called the situation with Libra interesting, because the asset represents a new problem for central banks. In addition, Moore said that the matter is not only in the Libra project, but also in the fact that private currencies are competitive.
According to the economist, he studied a lot of time cryptocurrency and the nature of a decentralized economy. According to him, most central banks understand the whole problem, and therefore try to hinder the development of private foreign exchange sectors.
The former adviser to Donald Trump admired the Facebook's cryptocurrency. Recall that representatives of the Libra asset were invited to the US Senate with a report on a new cryptocurrency payment system.
Editor: Pereyidenko Ihor