5 years ago
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The shocking reason the U.S. wants to stop Facebook’s Libra
If you haven’t heard about Libra yet, it's about time. The recently announced digital currency from Facebook has been in the news everywhere. The recently unveiled coin, which is held stable by backing it with other currencies and debt obligations, might cause significant changes in the financial system as we know it. Now, it might be stopped to a halt.
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Why is facebook so creepy?
Because they can be.
This was badly thought through even from the name. In Australia, Libra is a popular brand of feminine hygiene pad.
Complete bunkum, and makes me wonder about the rest of the article. Many banks have issued private banknotes around the world. (Let me google that for you!)