I think PayPal are threatening to pull out because Germany and France said it would be barred from Europe, India too so only 2 of the top 5 economies would allow it at all.
RE: PayPal Considers Libra Exit, but it's Business as Usual for Facebook
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PayPal Considers Libra Exit, but it's Business as Usual for Facebook
That could play a role too, it will be interesting to see what form of money we will end up with in the end, I strongly hope it will be decentralized cryptocurrencies
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As long as there are central banks I just don't see the dominant currency being crypto. We can hope though.
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The banks are already feeling the heat, adadvancement in technology in an indication of things are never going to remain as it has always been.
I have a feeling the time will come when the banks will have less power in controlling us financially.
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