Facebook is getting ready to roll out its very own cryptocurrency known as the Libra. Facebook has said the value of a Libra will be equivalent to a U.S. dollar or euro, and has plans to integrate the cryptocurrency into its existing family of applications. The Libra is also being backed by nearly 30 multinational corporations and several world governments.
The Mainstream Media is going ape for Facebook’s Libra, but I have some real concerns with this cryptocurrency.
Namely, what happens when the Libra becomes commonplace and Facebook decides you’re a Nazi?
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