What's the Latest on Facebook's Libra?

in #threespeak5 years ago (edited)

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A lot has been happening with Libra as of late, here is the most recent news.

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Digital currencies like "Libra" are basically similar to the new streaming services, it seemed like it made sense and appropriate for everyone to be on Netflix at first, but really the infrastructure is cheap and everyone can actually set up their own. The mistrust issue for the financial services company is simply a ruse, they don't care about those laws or conflict of interests (though governments should) they want Facebook to be able to capitalise most on these transactions.