Posted: Jun 20, 2019 9:59 pm
by jamest
Scot Dutchy wrote:When Facebook come in on the act you really know it is a big con:

What is Libra? All you need to know about Facebook's new cryptocurrency

Facebook claims it wants to reach people without access to a bank account, and that Libra is the best way

On Tuesday, Facebook announced a digital currency called Libra that will roll out for use in 2020 and allow the platform’s billions of users across the globe to make financial transactions online.

The new technology threatens to change the landscape of banking and is already the subject of scrutiny, as Facebook faces increasing calls for regulation and antitrust measures.

But regulatory questions aside – how soon can you use Facebook’s new digital coin to buy coffee? Here’s what you need to know.

You need a bank account here. You cant live without one. ... VQ&index=1