So.. a transaction backed by the good faith of shareholders?

This is the biggest scam in Bitcoin going on. The Marcus family only want to fool you to give up on your bitcoin and use their crap fiat. Is a long plan that is developed under your nose. Don't let them fool you, they are the biggest enemies of Bitcoin. Read and learn:

Unlimited Hangout

The Chain Of Command: How Facebook's Libra, Bank Regulators, and PayPal Built A New World Currency

Two companies closely tied to Peter Thiel – PayPal and Facebook – have embarked on apparently unsuccessful efforts to create a “new world cur...

YOU HAVE BEEN WARNED !

🤯 ameeeeezing... It also feels like a bit of an overcomplication to pay fiat with fiat. "But what if you don't hold cash, and have no bitcoin, and have no credit card or bank card??" Yes, at that point it could make sense I guess...?

Isn't this the original idea from Jack Mallers using strike to resolve the money stealing by banks with international payments?

$12 for 2 coffees? Is the coffee Brazilian? 🇧🇷

It is pretty cool demo to show how interoperability can be transparent. However, it is in the consumers best interest to control their own money. Save in bitcoin, spend in bitcoin and keep majority of your bitcoin in cold storage. Supporting these other stablecoins will create the same problems we have today but with different players. Transaction fees, maximum withdraw limits, etc. they don’t build these for nothing…

It must include a massage!