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FB has written marketing materials saying that they would like to have less control over Libra, but it's very vague around timelines. Clearly, their incentives
by drcode 7y ago
FB has written marketing materials saying that they would like to have less control over Libra, but it's very vague around timelines. Clearly, their incentives are to maintain as much control as possible while making generous statements about how they hope to have less control in the future, to derail as many regulatory attempts as possible.
- carlosdp 7y agoYou don't need to read their marketing materials to understand why they don't have full control. Read the whitepapers on the Libra site. (or read my top comment on this thread)
- theorangejuice 7y agoWhat is vague is when and how Libra will become permissionless. It is very clear right now why Facebook don't have control over Libra more than any other association member.