Facebook’s cryptocurrency Libra rides the decentralization bandwagon when in reality it might become the ultimate step towards wealth consolidation and information control of the global Facebook empire.
Support independent content by donating Monero or Bitcoin
Monero: 84DYxU8rPzQ88SxQqBF6VBNfPU9c5sjDXfTC1wXkgzWJfVMQ9zjAULL6rd11ASRGpxD1w6jQrMtqAGkkqiid5ef7QDroTPp
Bitcoin: 1HkDxXAVDFhBHSyRjam5WW5uoY88sxn5qz
You can donate completely anonymously with Monero. Learn more here:
Facebook is going to launch its own cryptocurrency with the potential of turning the social network into the largest payment service in the world.
Zuckerberg promises strong privacy protections and claims the new digital currency will be independent of the Facebook company.
The new coin called Libra is planned to launch in early 2020, and to market it, Facebook is capitalizing on the growing popularity of blockchain cryptocurrencies.
Sources
Libra White Paper & official documentation
News coverage of Libra
www.ccn.com/crypto/facebook-rival-taringa-crypto/2019/07/07/
Satoshi Nakamoto introducing Bitcoin
Facebook operates as a dictatorship
Other stablecoins
Other social media cryptocurrencies
Sandberg and Zuckerberg on a paid version of Facebook
Facebook political censorship
The difference between permissionless and permissioned blockchains
Bitcoin rich list
Shapeshift blacklisting bitcoin addresses
Credits:
Music by CO.AG Music
Follow me: