News for hackers. Stuff that matters.

A comment on Facebook reveals its cryptocurrency Libra.

Re:Facebook reveals its cryptocurrency Libra by Moxdi on Tuesday June 18, 2019 @05:24AM (#20210934)
this is giving the power of governments to tech companies, and im not sure how i feel about that, at least bitcoin is truly decentralized
[ Parent | on HN ]
Re:Facebook reveals its cryptocurrency Libra by Bakary on Tuesday June 18, 2019 @11:21AM (#20214084)
The democratization that bitcoin was supposed to bring was fatally undermined anyway as it just created yet another caste of wealthy early adopters.
[ Parent | on HN ]
Re:Facebook reveals its cryptocurrency Libra by lukevdp on Tuesday June 18, 2019 @06:26AM (#20211395)
Not really, governments will regulate it, same as everything.
[ Parent | on HN ]
Re:Facebook reveals its cryptocurrency Libra by Spivak on Tuesday June 18, 2019 @09:16AM (#20212606)
They're going to end up in the same situation as banks where they're vaguely intertwined with government interests.
[ Parent | on HN ]
Re:Facebook reveals its cryptocurrency Libra by conanbatt on Tuesday June 18, 2019 @10:20AM (#20213271)
Unless they can levvy taxes, the comparison is ridicolous. Do you think Magic the Gathering is also a sovereign state?
[ Parent | on HN ]