Japanese 10,000 yen and U.S. 100 dollar banknotes are arranged for a photograph in Tokyo, Japan. (Photographer: Tomohiro Ohsumi/Bloomberg)  

Libra's Technical Features Are Not What's Exciting

(Bloomberg Opinion) -- Much of the commentary about Facebook’s proposed Libra coin has focused on its defects as a cryptocurrency – centralized governance, weak privacy protections – or as a paymen...

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