Re: What do you think about the Facebook Libra cryptocurrency idea?
It's been a while I heard about Libra. I doubted my friend when I heard him say that Facebook (or should I say Zuckerberg) owns Libra. After then, I also say an airdrop (I don't know if it was scam or the real Libra coin).
Just a few hours ago, I was searching for an account on twitter when I saw a tweet which says that 2 senators had ask Visa and PayPal to pull away from Libra. Except that, there have been a lot of warnings about Libra coin. To be honest here, thinking of the mass population of Facebook users (over 2.3 billion Facebook users), I'm afraid that Facebook Libra coin would cause a big havoc.
Looking at one of the pictures I found on twitter,
it's obvious that a lot of companies are pulling out already.
What's your take on Facebook Libra?
Just a few hours ago, I was searching for an account on twitter when I saw a tweet which says that 2 senators had ask Visa and PayPal to pull away from Libra. Except that, there have been a lot of warnings about Libra coin. To be honest here, thinking of the mass population of Facebook users (over 2.3 billion Facebook users), I'm afraid that Facebook Libra coin would cause a big havoc.
Looking at one of the pictures I found on twitter,
it's obvious that a lot of companies are pulling out already. What's your take on Facebook Libra?
I am not surprised, Facebook has a habit of not listening to the authorities. While I would usually welcome that, its defiance is not a good thing. Facebook is after the profit for itself. It doesn't want to help people, and it doesn't follow the rules. Mark managed to pull through some tight spots in the past, but it needs either the community support or the authorities backing him up, and he's got neither. No, I don't expect much from Libra, especially since it is barely a cryptocurrency at all, and it is a heavily centralized stablecoin.