Regulators Have Doubts About Facebook Cryptocurrency, and So Do Its Partners
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Re: Regulators Have Doubts About Facebook Cryptocurrency, and So Do Its Partners
#2Perhaps mildly off-topic, but it looks like Google is not in on the project?
Re: Regulators Have Doubts About Facebook Cryptocurrency, and So Do Its Partners
#3Since "people are excited about the project and cheering for it" is not newsworthy material, we get articles like this.
An absolute waste of time.
Re: Regulators Have Doubts About Facebook Cryptocurrency, and So Do Its Partners
#4Perhaps mildly off-topic, but it looks like Google is not in on the project?
Why would they want to be in it?
Re: Regulators Have Doubts About Facebook Cryptocurrency, and So Do Its Partners
#5Re: Regulators Have Doubts About Facebook Cryptocurrency, and So Do Its Partners
#6Given that Libra is not a real cryptocurrency (it requires trust), is this a way for them to plant FUD around bitcoin?
Re: Regulators Have Doubts About Facebook Cryptocurrency, and So Do Its Partners
#7Predicting it will be what AOL might have created if it tried to compete with PayPal. Maybe worse.
When I go on Facebook, the site is so bad, the app is so dishonest that it is disgusting and intractable to use. Everything is a lie. Nothing works in one normal way. You can tell that it's this tangle of effort hoisted up into service with maximum effort to slime people.
It's like when wholesale clubs move the products around the warehouse so that you have to wander around and look for the thing you wanted to buy. Where is that thing I need? Why can't I find it?
Oh right. The system is designed to suck me in and waste my time. I can't delete anything because deleting data isn't real anyway. I have to prove the revenge porn is me by posting nudes. Riiiiiight...
Yeah, trust Facebook. They won't play games, because they care about you, and they take your money seriously.
The best part about Facebook is that, when push comes to shove, they're helping you see more relevant ads.
Re: Regulators Have Doubts About Facebook Cryptocurrency, and So Do Its Partners
#8"Your Libra wallet and funds have been permanently banned for violating Facebook code of conduct" read an email notification. Her crime? Clicking the "like" button on ...
Re: Regulators Have Doubts About Facebook Cryptocurrency, and So Do Its Partners
#9Given that Libra is not a real cryptocurrency (it requires trust), is this a way for them to plant FUD around bitcoin?
>is not a real cryptocurrency (it requires trust)
Trustless is not a requirement for a cryptocurrency. PoS requires trust, but still would be a viable consensus mechanism for a cryptocurrency.
Re: Regulators Have Doubts About Facebook Cryptocurrency, and So Do Its Partners
#10"Your Libra wallet and funds have been permanently banned for violating Facebook code of conduct" read an email notification. Her crime? Clicking the "like" button on ...
What do you expect from a "currency" with the ethics of Uber, the censoring ability of PayPal and the customer service quality of Vodafone?