Ethereum Co-Founder Mihai Alisie Concerned Over Libra Centralization By Cointelegraph

Ethereum Co-Founder Mihai Alisie Concerned Over Libra Centralization

Ethereum’s co-founder Mihai Alisie is extremely concerned that Facebook (NASDAQ:) is attempting to hoodwink regulators into approving a centralized “cryptocurrency,” according to a report by Bloomberg on July 11.

In an interview with Bloomberg, Alisie stressed that Facebook is attempting to get regulator approval for its yet-to-be-released virtual currency Libra by claiming that it will not be centrally controlled by Facebook, or other business giants, five years down the line.

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