Libra May Never Launch But Could Hurt Bitcoin in the Process

Libra May Never Launch But Could Hurt Bitcoin in the Process

Crypto lobbyists are worried about Libra’s impact on cryptocurrencies like Bitcoin getting caught in the crossfire of regulatory action, while Facebook is worried that Libra may never see the light of day. We dig through Facebook’s quarterly report to highlight how the company is currently feeling about Libra’s chances.

Also, we talk through the implications of the Marshall Islands launching their own cryptocurrency, the Marshallese Sovereign (SOV), and why it’s different from other state-run cryptocurrencies like the Petro.

Oh, and a group of nuclear power plant workers in Ukraine decided it would be a good idea to use the plant’s supercomputer to mine cryptocurrency!