Facebook is the antithesis of everything Satoshi stood for.
Should we, as the crypto community, boycott their effort?
I wouldn't be surprised if Facebook tried to use their massive wealth and lobbying arm to try and push for laws that favored their crypto and somehow harmed others.
It wouldn't be the first time that a company had engaged in lobbying and rent-seeking to harm competitors.
Why everyone seems afraid of Facebook's cryptocurrency Libra what was real reason? I also read those so called articles about Libra and there's nothing new about it, Even Bitcoin has also advantages and disadvantages so why we get alarm, just put in mind that Facebook alone has billion of users do you think Facebook cryptocurrency Libra is needing us? for me the more important matter is how to address those scams that victimized cryptocurrency investors including me. That was my personal opinion about this Thread.