This is an interesting piece. The author tackles a few different kinds of fears, starting with fear of Libra destroying normal consumer transaction paths and then looks at fear of entire small and medium sized businesses getting straight up destroyed by moves from giant players like Amazon.
I think the author is pretty spot-on in the implicit conclusion that this is the natural result of increasingly centralized businesses running pseudo-monopolies in key industries.
I think the author is pretty spot-on in the implicit conclusion that this is the natural result of increasingly centralized businesses running pseudo-monopolies in key industries.