Content-type: text/html Downes.ca ~ Stephen's Web ~ Facebook to launch new cryptocurrency, called Libra

Stephen Downes

Knowledge, Learning, Community

Oh yeah, there's no way this could go wrong. "Facebook Inc. revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments." The plan is to tie your personal finanances - Zuck Bucks, as they're already being known - to your personal Facebook account. Because there's no way any of that data would be misused. By a company everyone trusts to do the right thing.

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Stephen Downes Stephen Downes, Casselman, Canada
stephen@downes.ca

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Last Updated: Nov 04, 2024 3:05 p.m.

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