Facebook’s cryptocurrency Libra is expected to launch as early as January next year, and will likely be backed one-for-one by the US dollar. It was reported in April that multiple single-currency stablecoins backed by major currencies would be created. Libra’s launch is still dependent on regulatory approval. Facebook has received lukewarm response to Libra ever since the announcement was made.
What happens to your wallet when they kick you off the platform with no explanation and no recourse... I know all about it if you couldn't tell.
Horrible idea. The only upside is that this could finally bring some competition and de-legitimize the pyramid scheme called bitcoin.
Facebook = DARPA. And 🇨🇳 Not gonna happen, go MySpace yourself Zuck
Do we really want another one of them to be in it. We know well enuf by now !? Or do we !?
Facistbook financing?
Zuckbucks would be a much better name.
Anyone that gets involved with anything related to Facebook is a fool.
A literal social credit system ran by a social media platform. Sounds like a fantastic idea...
Not interested .
I get a feeling this will skyrocket..you only have to look at the general intelligence of people these days to know they will be sucked in..