What Would a Future With Libra Look Like? And Why Do Governments Fear It?

Video intent: show how Libra is going to be the currency of the future

Governments like the United States have survived this long by exercising one extraordinary power: the ability to print money. If people move away from the US dollar, towards Libra, this will be a massive shift in power away from old-world governments to new-world corporations. Deeply indebted countries like the EU and USA might be in trouble without the ability to print money to pay for their debts. It could be a great boone to consumers, who are routinely bled 2% of their purchasing power every year by central bank-created inflation.