During hearings into Facebook’s new Libra cryptocurrency, she grilled David Marcus, the head of its Calibra wallet, which is how its users will interact with Libra. “So, we are discussing a currency controlled by an undemocratically selected coalition of largely massive corporations. Do you believe currency is a public good?”
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Facebook’s messenger app for kids, designed to let them chat safely with humans that are approved by their guardians, allowed them to connect with random adults.
It’s more likely that blockchain, and even Libra, is a means to a end; Calibra is about Facebook wanting to be not only the world’s biggest social media platform but also the globe’s go-to marketplace, putting Amazon, eBay, Apple and Google in the shade.
Facebook and its suite of social media platforms (Instagram, Messenger and WhatsApp included) are experiencing technical issues in South Africa.
Let’s go back to the basics and look at what Libra is, how it compares to other cryptocurrencies and whether you should be concerned about using it when it eventually arrives.
Facebook’s Libra cryptocurrency has taken a lot of criticism from Western government officials and media commentators – but it’s not meant for them. A major target market for the Libra is users in developing countries.
It’s happened. In a manner of speaking. Facebook-owned messaging service WhatsApp is currently testing the ability to share statuses — those Facebook-like, limited-time messages — with other apps. Including Facebook and Instagram. What could possible go wrong?
Facebook has unveiled libra, a cryptocurrency that will enable users to make international payments over Messenger and other group platforms like WhatsApp – perhaps from as soon as 2020.
Facebook has announced a plan to launch a new cryptocurrency named the Libra, adding another layer to its efforts to dominate global communications and business. Backed by huge finance and technology companies including Visa, Spotify, eBay, PayPal and Uber
Social media giant Facebook has finally unveiled its plans to launch a new cryptocurrency called Libra, along with a few big industry partners.