Facebook's cryptocurrency Libra rides the decentralization bandwagon when in reality it might become the ultimate step towards wealth consolidation and information control of the global Facebook empire.
Support independent content by donating Monero or Bitcoin
Monero: 84DYxU8rPzQ88SxQqBF6VBNfPU9c5sjDXfTC1wXkgzWJfVMQ9zjAULL6rd11ASRGpxD1w6jQrMtqAGkkqiid5ef7QDroTPp
Bitcoin: 1HkDxXAVDFhBHSyRjam5WW5uoY88sxn5qz
You can donate completely anonymously with Monero. Learn more here: https://www.getmonero.org/
Facebook is going to launch its own cryptocurrency with the potential of turning the social network into the largest payment service in the world.
Zuckerberg promises strong privacy protections and claims the new digital currency will be independent of the Facebook company.
The new coin called Libra is planned to launch in early 2020, and to market it, Facebook is capitalizing on the growing popularity of blockchain cryptocurrencies.
Sources
Libra White Paper & official documentation
https://libra.org/en-US/white-paper/
https://libra.org/en-US/about-currency-reserve/
https://libra.org/en-US/association-council-principles/
https://libra.org/en-us/becoming-founding-member/
https://libra.org/en-US/permissionless-blockchain/
https://developers.libra.org/docs/life-of-a-transaction
https://developers.libra.org/docs/libra-core-overview
https://developers.libra.org/docs/libra-protocol
https://developers.libra.org/docs/the-libra-blockchain-paper https://developers.libra.org/docs/assets/papers/the-libra-blockchain.pdf
News coverage of Libra
https://www.theguardian.com/technology/2019/may/24/facebook-plans-to-launch-globalcoin-cryptocurrency-in-2020
https://edition.cnn.com/2019/06/18/tech/facebook-libra-cryptocurrency/index.html
https://www.theverge.com/2019/6/18/18683867/facebook-cryptocurrency-libra-calibra-trust-banking
https://www.theverge.com/2019/6/26/18716326/facebook-libra-cryptocurrency-blockchain-irs-starbucks
https://www.nytimes.com/2019/06/19/opinion/facebook-currency-libra.html
https://www.bloomberg.com/news/articles/2019-06-25/maxine-waters-wasn-t-kidding-about-a-facebook-token-moratorium
https://www.bloomberg.com/opinion/articles/2019-06-20/facebook-s-libra-cryptocurrency-isn-t-actually-supposed-to-work?srnd=opinion
https://marginalrevolution.com/marginalrevolution/2019/06/the-libra-reserve-discussion-of-background-documents.html
https://www.nytimes.com/2019/02/28/technology/cryptocurrency-facebook-telegram.html
https://www.bloomberg.com/news/articles/2018-12-21/facebook-is-said-to-develop-stablecoin-for-whatsapp-transfers
https://www.coindesk.com/report-uber-paypal-visa-to-back-facebooks-globalcoin-cryptocurrency
https://www.bbc.com/news/business-48383460
https://www.bbc.co.uk/news/business-47240760
https://www.investopedia.com/what-is-facebook-s-globalcoin-4688666
https://www.coinspeaker.com/project-libra-facebook-cryptocurrency-payments-system/
https://www.coinspeaker.com/barclays-facebook-coin-revenue/
https://www.coindesk.com/everything-we-know-about-facebooks-cryptocurrency
www.ccn.com/crypto/facebook-rival-taringa-crypto/2019/07/07/
https://www.ccn.com/news/dangerous-allow-libra-regulatory-void-ecb/2019/07/08/
https://www.bloomberg.com/news/articles/2019-07-07/facebook-s-cryptocurrency-plan-draws-ecb-warning-on-regulation
Satoshi Nakamoto introducing Bitcoin
https://satoshi.nakamotoinstitute.org/posts/p2pfoundation/1/
Facebook operates as a dictatorship
https://www.ccn.com/shareholders-want-dictator-zuck-out-as-chair-facebook-defends-him/
https://www.latimes.com/business/hiltzik/la-fi-hiltzik-mark-zuckerberg-facebook-20190416-story.html
Other stablecoins
https://www.coindesk.com/makerdao-quest-stable-stablecoin-continues
Other social media cryptocurrencies
https://www.nytimes.com/2018/03/04/technology/telegram-initial-coin-offering.html?module=inline
Sandberg and Zuckerberg on a paid version of Facebook
https://fortune.com/2018/04/07/sheryl-sandberg-says-facebook-users-would-have-to-pay-for-total-privacy/
https://www.businessinsider.com/mark-zuckerberg-always-a-version-of-facebook-free-2018-4
Facebook political censorship
https://www.theguardian.com/technology/2018/oct/16/facebook-political-activism-pages-inauthentic-behavior-censorship
The difference between permissionless and permissioned blockchains
https://www.coindesk.com/information/what-is-the-difference-between-open-and-permissioned-blockchains
Bitcoin rich list
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
Shapeshift blacklisting bitcoin addresses
https://www.ccn.com/shapeshift-is-assisting-police-to-trace-cashed-out-bitcoin-from-wannacry-ransomware/
Credits:
Music by CO.AG Music https://www.youtube.com/channel/UCcavSftXHgxLBWwLDm_bNvA
Follow me:
https://twitter.com/The_HatedOne_
https://www.bitchute.com/TheHatedOne/
https://www.reddit.com/r/thehatedone/
https://www.minds.com/The_HatedOne
This video was published on 2019-07-19 17:30:14 GMT by @The-Hated-One on Youtube.
The Hated One has total 431K subscribers on
Youtube and has a total of 254 video.This video has received 6.7K
Likes which are lower than the average likes that The Hated One gets . @The-Hated-One receives an average views of 158.3K
per video on Youtube.This video has received 757
comments which are lower than the average comments that The Hated One gets .
Overall the views for this video was lower than the average for the profile.The Hated One #overview
https://developers.libra.org/docs/life-of-a-transaction
https://developers.libra.org/docs/libra-core-overview
https://developers.libra.org/docs/libra-protocol has been used frequently in this Post.
The Hated One's video: Libra Diem - Zuckerberg s Failed Dystopian Cryptocurrency
6.7K
757