right, the hits to Facebook's reputation are gradually stacking up this year, all as a result of them trying to use the power of their network to manipulate both their account holders and their tech business partners.
I think they're on borrowed time from here on in; Facebook was already losing it's appeal once kids realized their parents and teachers were using it to get information about them, that was years ago now. I've never heard of so many people talking about or actually deleting their Facebook account as I did this year.



Symbolically, Paypal's move was much more meaningful. Unfortunately, it was almost as much pure symbolism as the Libra currency; there's no actual way of proving that Paypal are holding any BTC for you, aside from them displaying the balance in your account. Perhaps they are buying BTC somewhere (where? no details exist AFIAK), and people can spend them at market prices at PP merchants... but let's just wait to see how that part pans out. Seeing as Bitcoin is a ready built replacement for the entire Paypal platform with none of it's problems (and issues of it's own that are direct trade-offs against Paypal's model), I get the sense that Paypal's move is most bizarre given the status quo for Bitcoin's network, the risk that some will abandon using Paypal now they've validated Bitcoin's legitimacy seems a little high.