As our very own Peter Lee put it: “The question is not whether the world is ready to be trusted by Libra, but whether Libra and Facebook are fit to be trusted by anybody.”
China is probably low on the list of places Facebook might have hoped to find vocal support. And so it has proved. Huang Qifan, the former mayor of Chongqing, used his keynote address at Shanghai’s Bund Summit on October 28 to call it “delusional”.
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