Trump economist thinks Facebook’s Libra crypto is ‘a good thing’

Stephen Moore, a Trump administration economist and fellow at conservative public policy think-tank The Heritage Foundation, says he thinks that Facebook’s upcoming Libra cryptocurrency is "a good thing."

Moore told Yahoo Finance on Monday that Libra is “interesting,” because it represents “a new challenge for central bankers that they now have competition from private currencies.”

The economist purports to have been studying cryptocurrencies and said central bankers should realize that the cryptocurrency world “is coming.”

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