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What about that makes it better to be embargoed by Facebook? That's a dystopia no one needs.
by DiseasedBadger 7y ago
What about that makes it better to be embargoed by Facebook? That's a dystopia no one needs.
- TheRealPomax 7y agoWhat about Libra is exclusive to Facebook? It's not "their" cryptocurrency, they just pitched the idea. The actual power behind libra is the Libra Association, which has a lot more scary companies participating.
- cmiles74 7y agoI don't find this at all convincing. I believe Facebook will be managing much of the physical hardware involved, likely in their existing data centers. IMHO, the Libra Association will boil down to Facebook and the payment processors who have signed on. This strikes me as very much Facebook's currency.
- c-cube 7y agoEach of the 28 participants will run its own hardware and validator on it (there are hardware requirements on top of the 10M$). FB might control the only wallet, initially, but not the validators.