WATCH: Investor Nisa Amoils Expects Libra to Reduce Regulatory Risk

Like so many other crypto thinkers, venture capitalist Nisa Amoils feels Facebook's Libra is a 100-ton payments elephant in the middle of the crypto space.

"It doesn't really change my thesis," she said.

Instead, she said, Libra reduces the risk associated with cryptocurrency.

"On a macro level it does reduce risk so part of what I focus on in the portfolio is risk management," she said.

She considers Libra "Very important [as] this eliminates some of the regulatory risk out there."

Amoils is a venture capitalist and lawyer and has been watching the crypto space for years.

" talked a lot about the entrepreneurial efforts and intentionally being open source and allowing developers to commit on top and build wallets or other products on top of what they've already laid the groundwork for," Amoils said.

"It encourages entrepreneurial development," she said.

"If that happens then that's a good thing."

You can read our complete Libra coverage here and watch our CoinDesk LIVE interviews here.