“I don’t have any doubt that the Libra team is building Libra for the right reasons: to create an open, decentralized payment system, not to empower Facebook. However, the road to dystopia is paved with good intentions, and I’m concerned about Libra’s model for decentralization. However, the road to dystopia is paved with good intentions, and I’m concerned about Libra’s model for decentralization.”
This part may be particularly worthwhile, given our shared values:
“I’m aware that the word “decentralization” is overused. I’m looking at decentralization, and Sybil-resistance, as a means to achieve censorship-resistance. Specifically: what do you have to do to reverse or censor transaction, how much does it cost, and who has that power?”
A closed set of 100 validators is all I needed to hear Seeing this unfortunately didn’t surprise me.
Let’s see if we can encourage Mustafa to join us here -