France Blocking Facebook Libra in EU Shows True Power of Bitcoin

Governments and policymakers have been in an uproar ever since Facebook debuted their Libra cryptocurrency to the world, prompting the first signs of stricter regulation around crypto and Bitcoin looming.
Among the list of concerned governments is France, whose Finance Minister just revealed that it would work to prevent the “development of Libra on European soil.” The opposition will likely be a challenge for Facebook’s future crypto plans, however, the situation underscores t