4 ms·

I would also like to add that FB is going to tie wallets to accounts so FB will know information about every transation. "Pseudonymous" wallets aren't going to

by m1el 7y ago

I would also like to add that FB is going to tie wallets to accounts so FB will know information about every transation. "Pseudonymous" wallets aren't going to be anonymous to Facebook.

dchest 7y ago
Their "customer commitment" document claims otherwise https://scontent-frt3-2.xx.fbcdn.net/v/t39.2365-6/65083631_355528488499253_8415273665234468864_n.pdf?_nc_cat=106&_nc_ht=scontent-frt3-2.xx&oh=6a0b1e2dcf71404fd66d5c0a733de73f&oe=5D982AC3 https://scontent-frt3-2.xx.fbcdn.net/v/t39.2365-6/65083631_3...
- Phemist 7y ago
  I think the devil is in the details. The claim `Calibra will not share account information or financial data with Facebook, Inc. or any third party` is followed by `without customer consent.`. From reading through the document you linked, the infrastructure will definitely be there to support the sharing of any and all data. Considering Facebook's history with getting "consent", I am willing to bet that they will take every chance they can get to manipulate users into giving such "consent".
  - t0m4 7y ago
    "We will implement cold wallets and multisig wallets that allow Libra users and association members to add extra security for their Libra coin and Libra Investment Token holdings."
    - ranit 7y ago
      security != privacy
  - gabaix 7y ago
    “When Facebook notified the acquisition of WhatsApp in 2014, it informed the Commission that it would be unable to establish reliable automated matching between Facebook users' accounts and WhatsApp users' accounts. It stated this both in the notification form and in a reply to a request of information from the Commission. However, in August 2016, WhatsApp announced updates to its terms of service and privacy policy, including the possibility of linking WhatsApp users' phone numbers with Facebook users' identities.” European Commission, 2017
    - Phemist 7y ago
      Yep, except this time the infrastructure will be in place from the start.
    - znpy 7y ago
      FecK, I missed that. Source ? I guess it's time to drop Whatsapp definitively.
- m1el 7y ago
  Based on historical precedents, I will not believe any "customer commitment" / "privacy commitment" statements from Facebook.
  - apexalpha 7y ago
    Not believing Facebook is a lot different from stating as a fact that the FBI will be able to tie every wallet generated to a FB account.
    - m1el 7y ago
      I didn't say anything about FBI. FB = Facebook
      - apexalpha 7y ago
        I swear to god I read FBI? Did you edit it? IF not apology from my side.
- alangibson 7y ago
  That isn't worth the bits it's written on. They are free to change their TOS any time they want.
t0m4 7y ago
https://dud.inf.tu-dresden.de/literatur/Anon_Terminology_v0.12.pdf https://dud.inf.tu-dresden.de/literatur/Anon_Terminology_v0....

by m1el 7y ago

I would also like to add that FB is going to tie wallets to accounts so FB will know information about every transation. "Pseudonymous" wallets aren't going to be anonymous to Facebook.

dchest 7y ago

Their "customer commitment" document claims otherwise https://scontent-frt3-2.xx.fbcdn.net/v/t39.2365-6/65083631_355528488499253_8415273665234468864_n.pdf?_nc_cat=106&_nc_ht=scontent-frt3-2.xx&oh=6a0b1e2dcf71404fd66d5c0a733de73f&oe=5D982AC3 https://scontent-frt3-2.xx.fbcdn.net/v/t39.2365-6/65083631_3...

Phemist 7y ago
I think the devil is in the details. The claim `Calibra will not share account information or financial data with Facebook, Inc. or any third party` is followed by `without customer consent.`. From reading through the document you linked, the infrastructure will definitely be there to support the sharing of any and all data. Considering Facebook's history with getting "consent", I am willing to bet that they will take every chance they can get to manipulate users into giving such "consent".
- t0m4 7y ago
  "We will implement cold wallets and multisig wallets that allow Libra users and association members to add extra security for their Libra coin and Libra Investment Token holdings."
  - ranit 7y ago
    security != privacy
- gabaix 7y ago
  “When Facebook notified the acquisition of WhatsApp in 2014, it informed the Commission that it would be unable to establish reliable automated matching between Facebook users' accounts and WhatsApp users' accounts. It stated this both in the notification form and in a reply to a request of information from the Commission. However, in August 2016, WhatsApp announced updates to its terms of service and privacy policy, including the possibility of linking WhatsApp users' phone numbers with Facebook users' identities.” European Commission, 2017
  - Phemist 7y ago
    Yep, except this time the infrastructure will be in place from the start.
  - znpy 7y ago
    FecK, I missed that. Source ? I guess it's time to drop Whatsapp definitively.
m1el 7y ago
Based on historical precedents, I will not believe any "customer commitment" / "privacy commitment" statements from Facebook.
- apexalpha 7y ago
  Not believing Facebook is a lot different from stating as a fact that the FBI will be able to tie every wallet generated to a FB account.
  - m1el 7y ago
    I didn't say anything about FBI. FB = Facebook
    - apexalpha 7y ago
      I swear to god I read FBI? Did you edit it? IF not apology from my side.
alangibson 7y ago
That isn't worth the bits it's written on. They are free to change their TOS any time they want.

t0m4 7y ago

https://dud.inf.tu-dresden.de/literatur/Anon_Terminology_v0.12.pdf https://dud.inf.tu-dresden.de/literatur/Anon_Terminology_v0....