Not everything is a cryptocurrency

For many people tokens are cryptocurrencies because we don’t have a strong and well defined definition of what a cryptocurrency is but even if we consider tokens (stable coins for instance) as cryptocurrencies we, at least, should know their agenda.

For instance Libra (FB stable coin) works with a reserve and the reserve is invested…

“Users of Libra do not receive a return from the reserve. The reserve will be invested in low-risk assets that will yield interest over time. The revenue from this interest will first go to support the operating expenses of the association — to fund investments in the growth and development of the ecosystem, grants to nonprofit and multilateral organizations, engineering research, etc. Once that is covered, part of the remaining returns will go to pay dividends to early investors in the Libra Investment Token for their initial contributions.”

So… is this a cryptocurrency or something else?

Don’t give away your profits…