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Thread: Libra

  1. #1
    Platinum FRANKRIZZO's Avatar
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    Libra

    https://www.theverge.com/2019/10/23/...cryptocurrency

    Is this another looming crypto currency by facebook for people who don't have checking account access.

  2. #2
    Gold DonaldTrumpsHairPiece's Avatar
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    No.

    Gov's hate it, Facebook listened and wont do it now, rather try to offer different fiat or stable tokens for each currency now vs a Libra representing a basket of fiat.

  3. #3
    Platinum ftpjesus's Avatar
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    Whole idea of sucker coin was doomed in reality. First as pointed out in the hearings. They got shit on their faces over the Cambridge Analytica scandal and privacy. Secondly and more important, Libras whole premise goes against the whole premise of Crypto which is open source and no institutional control unlike Libra which was set to be established and run by a bunch of huge megacorps.

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