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Facebook can't keep people's phone numbers, pictures and sex life private and we trust them to invent a currency? I'm not a crypto backer - in fact I'm skeptic

by berbec 7y ago

Facebook can't keep people's phone numbers, pictures and sex life private and we trust them to invent a currency? I'm not a crypto backer - in fact I'm skeptical of the long term usefulness, but this isn't crypto, it's shitty PayPal. It's not decentralized, not removed from fiat, not anonymous and not trustworthy.

JumpCrisscross 7y ago
> it's shitty PayPal Its introduction reads like a goading of antitrust activists. (Facebook’s advantage as a cryptocurrency purveyor being its acumen with getting away with lawlessness.)
- TeMPOraL 7y ago
  Could have been worse. Could have been Uber. EDIT: Oh crap. It is Uber. https://news.ycombinator.com/item?id=20211358 https://news.ycombinator.com/item?id=20211358
  - JumpCrisscross 7y ago
    > Could have been Uber Uber is a Libra Association voting member.