1. Governance of the Libra Association
2. Political response
3. Who's the real competition?
Links in the thread
pscp.tv/w/1MnxnvmVVLkxO
Interpreting primary sources: 1) overlying principle is power limitation; 2) initially that means one-founding-member-one-vote; 3) the intention is that approach transitions to stake-proportional voting w 1% cap
libra.org/en-US/associat…
@AndrewYang was, of course, pro innovation:
Everyone else? Not so much.
Pretty much since I filmed this, I would characterize the political response as:
We've talked for weeks about Libra vs. BTC but the real competition may be:
+Banks?
+Smart contract platforms
+The Power!