Facebook Coin Libra: What do Economists Think?

Are Libra bank runs likely?

Can the value of Libra be expected to be stable?

Figure 1: EUR and USD relative to exemplary Libra basket

Is the Libra Blockchain centralized?

Remarks

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Jonas Gross

Jonas Gross

Jonas Gross is Chairman of the Digital Euro Association (DEA) and Head of Digital Assets and Currencies at etonec. Further, Jonas holds a PhD in Economics.