Published On Jul 19, 2019
Facebook's cryptocurrency Libra rides the decentralization bandwagon when in reality it might become the ultimate step towards wealth consolidation and information control of the global Facebook empire.
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Facebook is going to launch its own cryptocurrency with the potential of turning the social network into the largest payment service in the world.
Zuckerberg promises strong privacy protections and claims the new digital currency will be independent of the Facebook company.
The new coin called Libra is planned to launch in early 2020, and to market it, Facebook is capitalizing on the growing popularity of blockchain cryptocurrencies.
Sources
Libra White Paper & official documentation
https://libra.org/en-US/white-paper/
https://libra.org/en-US/about-currenc...
https://libra.org/en-US/association-c...
https://libra.org/en-us/becoming-foun...
https://libra.org/en-US/permissionles...
https://developers.libra.org/docs/lif...
https://developers.libra.org/docs/lib...
https://developers.libra.org/docs/lib...
https://developers.libra.org/docs/the... https://developers.libra.org/docs/ass...
News coverage of Libra
https://www.theguardian.com/technolog...
https://edition.cnn.com/2019/06/18/te...
https://www.theverge.com/2019/6/18/18...
https://www.theverge.com/2019/6/26/18...
https://www.nytimes.com/2019/06/19/op...
https://www.bloomberg.com/news/articl...
https://www.bloomberg.com/opinion/art...
https://marginalrevolution.com/margin...
https://www.nytimes.com/2019/02/28/te...
https://www.bloomberg.com/news/articl...
https://www.coindesk.com/report-uber-...
https://www.bbc.com/news/business-483...
https://www.bbc.co.uk/news/business-4...
https://www.investopedia.com/what-is-...
https://www.coinspeaker.com/project-l...
https://www.coinspeaker.com/barclays-...
https://www.coindesk.com/everything-w...
www.ccn.com/crypto/facebook-rival-taringa-crypto/2019/07/07/
https://www.ccn.com/news/dangerous-al...
https://www.bloomberg.com/news/articl...
Satoshi Nakamoto introducing Bitcoin
https://satoshi.nakamotoinstitute.org...
Facebook operates as a dictatorship
https://www.ccn.com/shareholders-want...
https://www.latimes.com/business/hilt...
Other stablecoins
https://www.coindesk.com/makerdao-que...
Other social media cryptocurrencies
https://www.nytimes.com/2018/03/04/te...
Sandberg and Zuckerberg on a paid version of Facebook
https://fortune.com/2018/04/07/sheryl...
https://www.businessinsider.com/mark-...
Facebook political censorship
https://www.theguardian.com/technolog...
The difference between permissionless and permissioned blockchains
https://www.coindesk.com/information/...
Bitcoin rich list
https://bitinfocharts.com/top-100-ric...
Shapeshift blacklisting bitcoin addresses
https://www.ccn.com/shapeshift-is-ass...
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