Libra, Facebook ventures into Crypto
- CNN does a good job with an overview.
- Facebook launches cryptocurrency with Visa, MasterCard, Uber, and others
- From the Right Brightbart also expresses concern, pointing out the 800 LB gorilla, money laundering and criminal activity
- Facebook’s Libra cryptocurrency ‘poses risks to global banking’
- European Leadership is concerned
- Politicians were vocal
- Who is going to use Libra? : Techcrunch dives into that question, and points out quite rightly that unlike other online systems Libra is attempting to become a “Global Currency” not a Local Currency, like WeChat.
Things that make me smile