Facebook wants to make cryptocurrency mainstream. Here's how

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Facebook wants to make cryptocurrency mainstream with its new Libra currency

New York For the last year, Facebook has been signaling it wants in on the cryptocurrency phenomenon. At its F8 developers conference last month, cofounder and CEO Mark Zuckerberg said he wants to make sending money as easy as sending a photo: digital, immediate, free and secure.

On Tuesday, the company formally unveiled its highly-anticipated digital currency project. It's called Libra. Facebook also announced the creation of the Libra Association, an independent organization that will manage the currency, and Calibra, a unit of Facebook that will build applications related to the new digital currency. Facebook has 2.4 billion users around the world, an audience that could help it spur a bigger mainstream adoption of cryptocurrency than others have yet to generate.

 

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ClareCNN More Stupid Facebook Tricks. Leave the Money alone! Invest your money in arresting the current thieves in the WH and Treasury and OMB. They are not to be trusted. Mnuchin,Mick,trump,Kushner, ross, and more.

ClareCNN FB TO ISSUE ACCOUNT NUMBERS ON LINES OF IBAN NUMBERS...UNIQUES FOR EVERY HUMAN ON THE PLANET....CURURNCY BE A NUMBER CODIFIED....SIMPLE

ClareCNN ONE CURRENCY...ONE WORLD

ClareCNN 👍

ClareCNN fbnewsroom 👎👎👎👎 Delete your Data Mining Autocratic Supporting Facebook accounts! slpng_giants

ClareCNN

ClareCNN So what happens to conservatives Facebook just keeps your money?

ClareCNN I would never trust Facebook, because I'm not an idiot but, 65,000,000 people voted for Clinton, so there are plenty out there. I own 8 good cryptos and when 2 billion people start blindly and stupidly buying the most well known ones, I will become a millionaire. Libra, Libra.

ClareCNN *yawn*

ClareCNN And yet another way for facebook to launder Russian rubles.

ClareCNN As an Aries, I do not believe this currency has any value.

ClareCNN yay more fake money

No fking way 😡😈

omarhuss what do u think?

I H MEANING OF I H 10:47 FOR ONLY U ON 185 W ENDY(ONLY U) JEENINGA MEANS W 10:50 BIG 1 ON 215 GOOD TTJB

I wouldn't trust Facebook with anything to do with my money

that would be nice. But I've got some reservations about the security of Facebook. Can they tackle scammers, mostly from Africa?😤

Too bad India is working to ban crypto-currencies on their country. Probably Facebook's biggest market. I'd be super scared to let Facebook control a currency - the whole idea behind BitCoin was that no-one would control it.

Yes, because Facebook needs another way to dominate your life, right?

My not like Facebook social network

Libra’s mission is to enable a simple global currency and financial infrastructure that empowers billions of people. Libra

Nope Facebook trying to take over

We know.

What's crypto

That's good

No that he has lost all trust and confidence of the public he decides to launch a cryptocurrency. This ought to go well.

Nah. Bitcoins fine

Trump rally today in Orlando ! KAG

Liberal currency?

Oh look! Facebook is trying to lift a version of eCoin from Evil Corp. on whoismrrobot samesmail

What I really appreciate in this Guy is his intelligence and the way he thinks deeply to promote innovations.

DeleteFacebook

What about all these 'likes' I've been collecting!?!

That's a joke for me.

Why can't this little freak be satisfied? He's a big part of The DARK WEB.

Libra will be the gateway drug to Bitcoin. 💪🏻

Facebook

Dont touch this with a barge poll. Rat pioson squared.

If you can’t hold it then it isn’t real

Oh hell no. I know a Libra. Still owes me money.

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Facebook stock pops as investors anticipate its cryptocurrency announcement this weekFacebook is expected to announce a new cryptocurrency called Libra this week. Analysts anticipate it will open up new revenue streams outside advertising. قصة الذهب_الجديد ... QassimDates0 شباب وبنات قرروا ان يصنعوا منتج عظيم.. ومن ثقافتهم وبيئتهم هل يستحقون الدعم! Funny what Facebook is announcing is no crypto at all. It doesn’t meet even 1 of the needed criteria to be a crypto, not even close! Ok
Source: CNBC - 🏆 12. / 72 Read more »

Facebook just took the wraps off 'Libra', a new cryptocurrency that will let anyone in the world pay with their smartphonesFacebook is embarking on a wildly ambitious project to build a new global financial infrastructure — and Uber, Spotify, and PayPal are involved. Libra is not your friend, don't be fooled Facebook needs more money? with their dedicated server, what about no 🤗
Source: BusinessInsider - 🏆 729. / 51 Read more »