Libra : four reasons to be extremely cautious about Facebook’s new currency
▻https://theconversation.com/libra-four-reasons-to-be-extremely-cautious-about-facebooks-new-cur
Facebook has unveiled libra, a cryptocurrency that will enable users to make international payments over Messenger and other group platforms like WhatsApp – perhaps from as soon as 2020. Here’s how it looks likely to work : a user would buy libra and keep a balance of the currency in Facebook’s digital wallet, called Calibra. The user could either transfer currency to another user – say a family member in another country – or purchase items or services from a participating online retailer. (...)
