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Facebook: Meet "Libra" and "Calibra"

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  1. #21

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    Quote Originally Posted by traineeinvestor
    If that's the full list of companies accepting bitcoin then the correct description is "insignificantly few" rather than "many." Further, I've never heard of most of them and there are only two with which I have transacted business in the last few years.
    Bitcoin has never gained traction as a small value transactional currency and I doubt it ever will without a Tecent or Apple guiding development and distribution of POS apps.

    https://coinmap.org/#/world/16.80454108/-6.67968750/2

    Cryptocurrencies have the potential for a secure Store of Value
    Apps backed by social media giants are successful as a Medium of Exchange (WePay, Alipay)

    Can Facebook combine these two on a global scale? That is the question
    Coolboy likes this.

  2. #22

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    Bitcoin is the next bubble ready to burst. The trick is to make the money before it does -


  3. #23

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    Facebook responds to Why was Rust chosen for Libra? in congressional hearing
    Such a technical question coming from a US Congressman. The rest of the representatives in the room must be so confused.

    This is the guy, previously in the Air Force and NSA:

    https://en.wikipedia.org/wiki/Denver_Riggleman

  4. #24

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    Oh the irony... the scams have already started with sites offering to sell Libra at a discount on (wait for it....) Facebook

    https://www.theverge.com/2019/7/23/2...ocurency-fraud

    Coolboy and shri like this.

  5. #25

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    Looks like competition is heating up...

    https://www.bloomberg.com/news/artic...d&cmpId=google


  6. #26

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    Jan 2018
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    Regulators mount up!

    https://www.ft.com/content/05be7adc-c4c1-11e9-a8e9-296ca66511c9


    Two of the project’s founding backers told the FT they were concerned about the regulatory spotlight and were considering cutting ties. Another backer said they were worried about publicly supporting Libra for fear of attracting the attention of agencies who oversee their own businesses.

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