Post
Topic
Board Altcoin Discussion
Re: Facebook libra hearing
by
Nalbo
on 17/07/2019, 12:25:27 UTC
Well!!

The head of Calibra, David Marcus told the Senate Banking Committee that, Facebook will only build its own Calibra cryptocurrency wallet into Messenger and WhatsApp, and will refuse to embed competing wallets.

what's your take on facebook libra hearing?

Seems like they'll limit the use and transfer of Libra within the Messenger and Whatsapp wallet. Something similar to We chat pay.
That would not make it a real crypto even if it used blockchain. What's the use of blockchain if people can't export the private key.