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What is “crypto” about it? Anything? Seems like a digital currency minted by Facebook pegged to USD.
by ErikAugust 7y ago
What is “crypto” about it? Anything? Seems like a digital currency minted by Facebook pegged to USD.
- dmihal 7y agoProbably crypto as in you sign transactions with a private key, and submit them to Facebook's semi-centralized blockchain
- zamadatix 7y ago> What is “crypto” about it? Anything? What in the article seems non crypto? That you can't make more out of thin air? It seems like your run of the mill stablecoin, the advantage being transactions would have the ability to be decentralized. How much will need to be seen at official announcement. > pegged to USD "which will be pegged to a basket of government-issued currencies"