Daniel Ek, CEO of Spotify, makes a speech at a press conference in Tokyo on Sept. 29, 2016.
Facebook announced its ambitious plan on Tuesday to create a Bitcoin-like currency as a way of sending money across borders without incurring significant fees. The company believes Libra, scheduled to launch in the next 6-12 months, could help drive more e-commerce across its services and boost a spending.
"One challenge for Spotify and its users around the world has been the lack of easily accessible payment systems – especially for those in financially underserved markets," said, Spotify's chief premium business officer. "This creates an enormous barrier to the bonds we work to foster between creators and their fans.
Spotify facebook 1/ Unfortunately, Spotify misses some issues here - the fact that the scalability of libra is very limited and only 10 entities will secure the network - one could easily argue that this fact doesn't 'empower billions', not to mention the custodial wallets...
Spotify facebook The TLDR is because every corporate participant stands to profit hugely from the end user data this coin will collect by its usage. The Libra isn't a cryptocurrency.
Spotify facebook
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Facebook launches a new cryptocurrency called LibraFacebook will also create a new subsidiary, Calibra, to build a digital wallet for people to store and exchange the currency using apps. From the company that keeps millions of passwords in a .TXT file accessible to all employees. Bitcoin is the scam of the century. So an easier less traceable way for Suckerberg to collect payments from hostile countries who purchase propaganda adds on Facebook all in an effort to help further his control of people while aiding in the destruction of democracy. American government is not going to like that.
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Here's what Facebook's new cryptocurrency Libra will look like and how it will workFacebook announced on Tuesday that it will be launching its own cryptocurrency, Libra, in 2020 alongside partners including Uber and PayPal. Is it just me or as time passes... the Zuck looks more and, more like Data for Star Treck TNG?!?! realDonaldTrump when a single man has 500 million users, their lives, their photos and more creates a cryptocurrency, that's never good news for the future of humanity, wanting to dominate the world is to play to god and dangerous man Ew
Source: BusinessInsider - 🏆 729. / 51 Read more »
Facebook's new cryptocurrency Libra and digital wallet CalibraFacebook Inc revealed plans to establish a cryptocurrency called Libra on Tuesda...
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Facebook reveals Libra cryptocurrency, with lofty goalsFacebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, ... Today would be a good day to stop using Facebook.
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Facebook's Libra Cryptocurrency: Under The HoodNow that Facebook has finally published its plans for a new cryptocurrency, Forbes takes a closer look at what makes it tick by DelRayMan Crypto DelRayMan This has none of the redeeming components of crypto and all of the disqualifying aspects of Facebook. DelRayMan Crossborder payments Leave that up to XLM or XRP! End of Facebook is near 😁😁😁 DelRayMan buy bitcoin
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