An overview of Facebook’s ‘cryptocurrency’ supporters — who’s in and who’s out

An overview of Facebook’s ‘cryptocurrency’ supporters — who’s in and who’s out
ôîòî ïîêàçàíî ñ : thenextweb.com

2019-10-15 19:46

Facebook sent the world into a frenzy when it announced its intention to enter the payments space with the launch of its controversial ‘cryptocurrency‘ Libra earlier this year. Initially, Facebook said it had garnered support from 28 companies, including some of the world’s top financial and technology giants.

But, as soon as regulators and central banks caught wind of Facebook‘s plans they began to issue warnings and air concerns about Libra‘s potential effect on the world’s financial system; spooking several of the company‘s backers along the way. Four months on, and after losing many of its original supporters, Facebook finally managed to get 21,…

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Weiss Ratings: Libra occupies the ‘gray area’ between sovereign and decentralised currency

Libra, at the moment, is the “hot potato” of the cryptocurrency world. Anyone and everyone is leaping onto the Facebook cryptocurrency bandwagon and voicing their ‘expert’ opinion, with views ranging from “it’s going to destroy commercial and central banks,” to “regulators will ensure it crash-lands before it takes off.

2019-7-5 12:30


Top 4 Reasons to not get Involved With Facebook’s Libra

A lot of people are keeping close tabs on Facebook’s new digital currency project. Known as Libra, it will either change the world as people know it, or fail to make any meaningful impact. There are several reasons to not get too involved in this project right away, primarily because a lot of unanswered questions […] The post Top 4 Reasons to not get Involved With Facebook’s Libra appeared first on NullTX.

2019-7-5 23:00


Charles Hoskinson: Facebook’s Libra Will Be No Match For Cardano In Emerging Markets

While Facebook prepares to precede its own cryptocurrency, Libra, other crypto projects are doing everything in their power to make sure that Libra doesn’t edge them out of the market. Cardano is one of the crypto projects that are now making waves across the world with its founder, Charles Hoskinson, spearheading its push to popularity.

2019-6-30 20:54


Will FB’s Libra be a public ‘on-ramp’ to the cryptocurrency world or will it be a detour?

With the smoke from the Libra unveiling now firmly wiped clear, Facebook’s tryst into the cryptocurrency world is now in full view for the world to see. While some are still choking on its fumes, deeming the once referred to as ‘GlobalCoin’ as a tech-focused centralized attempt at payments, others are calling it a breath […] The post Will FB’s Libra be a public ‘on-ramp’ to the cryptocurrency world or will it be a detour? appeared first on AMBCrypto.

2019-6-29 13:30


Facebook’s Libra Could Castrate Central Banks, Says Ex-World Bank Chief Economist

Central bankers and other makers of monetary policy have every reason to fear Facebook’s cryptocurrency Libra, according to a former chief economist of the World Bank. Libra will make it impossible for central banks to control inflation Per Kaushik Basu, who was the World Bank’s chief economist from 2012 to 2016, Libra will render the […] The post Facebook’s Libra Could Castrate Central Banks, Says Ex-World Bank Chief Economist appeared first on CCN Markets

2019-6-29 18:21


Ôîòî:

”Stop Right Now!” – How Much Government Officials Already Hate Facebucks

The best thing about Facebook’s proposed digital currency isn’t its BTF consensus algorithm, account-based data model or single Merkle tree structure. No, the greatest thing about Libra has to be the triggered reactions from politicians and bankers who can sense the rug being pulled from under their feet, threatening their hegemony and upending their world […] The post ”Stop Right Now!” – How Much Government Officials Already Hate Facebucks appeared first on Bitcoin News.

2019-6-27 06:55


Ôîòî:

Facebook Pushes on with Cryptocurrency Recruitment Despite Libra Project Criticism

Facebook is advertising job offers for a cryptocurrency wallet data engineer and regulatory policy expert as it moves forward with its plans for the Libra project. Meanwhile, stakeholders across the cryptocurrency and mainstream finance industries, as well as government officials, continue to express concerns about the company’s foray into the world of cryptocurrency payments.

2019-6-25 15:00


Facebook’s Libra finds itself in the crosshairs of the Central Bank of Central Banks

It’s been a week since Facebook’s entry into the cryptocurrency and payments world was announced. Since then, a lot has happened. From the Libra lead, David Marcus, talking about shared internal governance control over the cryptocurrency, to the regulatory uncertainty the crypto may face with politicians around the world taking a shot at the it, […] The post Facebook’s Libra finds itself in the crosshairs of the Central Bank of Central Banks appeared first on AMBCrypto.

2019-6-24 09:55


Financial security would make better, freer world says Coinbase CEO; as Zcash heads to secure its network

Post Facebook’s unveiling of its upcoming cryptocurrency project, Libra, a lot has been said and written on the privacy and security factors of these digital assets. In the light of privacy coins’ dominating the limelight this month, Coinbase Co-founder and CEO, Brian Armstrong, tweeted, “A scalable, sufficiently decentralized, chain that supported private transactions by default […] The post Financial security would make better, freer world says Coinbase CEO; as Zcash heads to secure its network appeared first on AMBCrypto.

2019-6-23 20:30


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