[Analysis] Facebook’s Libra coin will drive faster and better crypto regulation - Tim Copeland

Facebook is looking to dump loads of money on Washington DC and other governments for Libra, an effort that benefits the entire crypto community according to Tim Copeland. Per a 2018/19 Deloitte survey, regulation is the largest hindrance to crypto growth. With Kik's ($KIN) recent thrashing by the SEC, crypto needs a David to the government's Goliath more than ever. Last quarter, Facebook spent $3.4 million on lobbying DC alone, a number sure to grow with reports of international bribery and investment withholdings circulating. The social media giants efforts are heroic and sure to benefit the entire crypto community.