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gareth-nel
I'm interested in Business, Science, Internet & Technology
Facebook Wants To Create A Global Currency
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gareth-nel followed this discussion
This is not a surprise anymore since we are living in a technology driven world. It's just a matter of time to have digital currencies as part of everyone's life.
What is your opinion on this matter?
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matthew-steele followed this discussion
Facebook is in the wrong lane. Too much a leap from social platform to currency.
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This will be interesting. Apple has it’s own credit and way of sharing money. Now FB is using money to connect people, and backs it with assets. Both want to bank the unbanked and this is a worthwhile effort to bring those people up out of the land of nod. I honestly thought it was going to be Amazon who made the world connected with its own money system. People are all worried about how the tech giants read your behavior and see what you spend. Will this help prevent a global crash like was seen in the aftermath of 2008? Hmmm. Fascinating.
And Portugal has a strong word on it. Farfetch is now part of Libra!
I don't think that it will be a sort of the medium of exchange globally. Do you think that the restaurants or the hotel would accept it like credit cards globally?
If all the cryptocurrencies couldn't then why would this induce any change? Fiats are too well consolidated and essential to be interfered with unless the quasi-trust in this whole system is damaged.
If all the cryptocurrencies couldn't then why would this induce any change? Fiats are too well consolidated and essential to be interfered with unless the quasi-trust in this whole system is damaged.
One word: Confidence.
You have purchased something that goes against our vague and capricious community standards. Your Libra wallet has been seized. Have a nice day!
contact me through my email so that i can tell you more about myself.
(sophialovee6@gmail.com
The only way I see this working is if they team up with local business and advertisers and subsidize their advertising cost if they agree to reduce the cost of goods and service purchased in libra.
What could happen if half of Facebookers close their accounts?
What could happen if half of Facebookers close their accounts?
Then you would not be able to plan a Facebook boycott campaign on Facebook.
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