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RE: Lets talk about: Facebook’s “Libra”
I must admit I was a bit skeptical when I read about it, and I was more than a bit skeptical when I perceived the trepidation about this new enterprise by Facebook and friends. I'm not anything close to an expert on cryptos, I wouldn't mind being called ignorant, but it looks to me like the idea of Facebook making an entrance with a centralized currency goes against everything we believe in, conceptually.
Now I'm very curious to know why you think this currency is already doomed. I would think that where Facebook goes, people follow, much like sheep. I'll read the article you've linked, as soon as I have a bit of free time.
It's doomed because centralised cryptocurrencies don't work. they CAN'T work. They are built on a framework which isn't designed for them.
Check this out: https://mentormarket.io/cryptocurrencies/bit-brain/private-blockchains/
and this follow-up:
https://steemit.com/bitcoin/@bitbrain/wellthatdidnttakeverylong-00c5h4w25e
Will do, thanks ;)
No problem. Enjoy.
Many reasons. See, follow the money. Facebook is a puppet of globalists, the CIA, etc. They use Facebook to control us, to spy on us, etc. China, the EU, etc, are running Facebook, etc.