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A comment on Facebook’s Libra cryptocurrency: Privacy and stability concerns. Parent comment

Re:Facebook’s Libra cryptocurrency: Privacy and stability co... by throwawaylolx on Monday June 17, 2019 @12:45PM (#20204785)
How is it inferior to Ecash? FB's coin is not meant to provide anonymity features like Ecash did, but that's just a design choice. Other than that, Ecash is often suspected to have died due to the lack of reach and partnerships, which is not something FB lacks.

So far, FB's coin looks very interesting.

>Facebook’s currency is not a successor of Bitcoin

Yeah the title is just low-quality clickbait; it's got nothing to do with Bitcoin.

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Re:Facebook’s Libra cryptocurrency: Privacy and stability co... by polyomino on Monday June 17, 2019 @03:05PM (#20206290)
What makes this a cryptocurrency? It should be called facebook giftcard.
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Re:Facebook’s Libra cryptocurrency: Privacy and stability co... by Anon84 on Monday June 17, 2019 @03:26PM (#20206453)
cryptocurrency is more SEO/Marketing friendly than giftcard. /s

Seriously, though... the whitepaper isn't out yet so we don't really know how this is supposed to work. It'm sure it will use some type of permissioned blockchain for convenience/ensure trust between all the partners and dissolve responsibility for all decisions the consortium takes.

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Re:Facebook’s Libra cryptocurrency: Privacy and stability co... by bitxbitxbitcoin on Monday June 17, 2019 @04:35PM (#20207072)
It isn't a cryptocurrency. It's just a digital currency.
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Re:Facebook’s Libra cryptocurrency: Privacy and stability co... by gesman on Monday June 17, 2019 @03:07PM (#20206305)
+1
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Re:Facebook’s Libra cryptocurrency: Privacy and stability co... by russdpale on Monday June 17, 2019 @02:37PM (#20206037)
I don't think its clickbait, a lot of projects in the crypto space claim to be like bitcoin but better, bitcoin is the foundation upon which a lot of projects showcase themselves to potential users, usually in the first few paragraphs of the white paper.

This coin might look interesting, but for all of the wrong reasons.

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