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Old 20-06-2019, 03:17 PM #1
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Default Facebook’s Libra pitches to be the future of money in 2020


Spend your Dirty Money through Libra.


[It is a hugely ambitious - some might
say megalomaniacal - project to create
a new global currency. Facebook's
David Marcus tells me it is about giving
billions of people more freedom with
money and "righting the many wrongs
of the present system".]


[What is not clear is how exactly
Libra will go through the
complex business of verifying
the identity of these people to
comply with anti-money laundering
regulations, without incurring lots of costs.]


https://www.bbc.co.uk/news/technology-48667525

This tech reporter for the BBC
Rory recently found out he sadly has
Parkinson's Disease

Last edited by arista; 20-06-2019 at 03:19 PM.
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Old 20-06-2019, 04:00 PM #2
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Megalomania
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Old 16-07-2019, 01:13 PM #3
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Facebook has now said
it may delay the start of Libra Money
to meet the USA Government money requirements.

Ref: CNN Business HD



Last edited by arista; 17-07-2019 at 06:18 PM.
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Old 13-10-2019, 10:10 AM #4
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[Mastercard, Visa, eBay and payments firm Stripe have pulled out of Facebook’s embattled cryptocurrency project, Libra. ]
It represents a huge blow to the social network’s plans to launch what it envisions as a global currency.
The project has drawn heavy scrutiny from
regulators and politicians,
particularly in the USA.]


He needs to settle why
they are not with him................

https://www.bbc.co.uk/news/technology-50023008
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Old 13-10-2019, 10:18 AM #5
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I wish they'd just leave certain thing as they are.. money is fine, everyone understands it and accepts it the way it is.. why bother changing it

I sound like an old granny saying that
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Old 13-10-2019, 10:59 AM #6
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Reminds me of Ecoin from Mr Robot lol
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Old 04-03-2020, 05:14 PM #7
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[Facebook is reportedly rethinking
its plans for its own digital currency after
resistance from regulators.
It is now considering a system with digital versions
of established currencies,
including the dollar and the Euro,
according to Bloomberg and tech
site The Information.]


https://www.bbc.co.uk/news/business-51730772
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