Today we announced that we have joined the Libra Association, the governance for a global stable coin. Nick has written a post on the USV blog explaining our decision. I have argued before that we don’t really know what path will take us to a decentralized future and therefore have to try many things. Some of these paths involve centralized corporations exposing their endusers to crypto. Nobody has more users than Facebook! There is a historic analogy here to when Microsoft released Internet ...

Today we announced that we have joined the Libra Association, the governance for a global stable coin. Nick has written a post on the USV blog explaining our decision. I have argued before that we don’t really know what path will take us to a decentralized future and therefore have to try many things. Some of these paths involve centralized corporations exposing their endusers to crypto. Nobody has more users than Facebook! There is a historic analogy here to when Microsoft released Internet ...