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Re:Facebook reveals its cryptocurrency Libra by devnullbyte on Tuesday June 18, 2019 @05:35AM (#20210994)
I hope it crashes and burns. It's the opposite of what crypto was meant to achieve. No central control.
Re:Facebook reveals its cryptocurrency Libra by ymolodtsov on Tuesday June 18, 2019 @06:22AM (#20211373)
Build something better that will get more adoption then?
Re:Facebook reveals its cryptocurrency Libra by Loughla on Tuesday June 18, 2019 @09:24AM (#20212668)
I'm trying to understand how your statement isn't just a flippant nonsense remark.

How can I, me, one person, make something that is 'better' (how do you even define that) and will get more adoption than something that is being rolled out by one of the largest and already most popular platforms?

What a ridiculous statement you've made. Just a useless statement to make yourself feel superior, is what it looks like.

Re:Facebook reveals its cryptocurrency Libra by 50656E6973 on Tuesday June 18, 2019 @09:50AM (#20212951)
It's the same as saying "if you don't like the country then leave it"
Re:Facebook reveals its cryptocurrency Libra by matz1 on Tuesday June 18, 2019 @10:09AM (#20213119)
Which is still a valid solution.
Re:Facebook reveals its cryptocurrency Libra by tjconsult on Tuesday June 18, 2019 @12:15PM (#20214705)
As an immigrant: Not for most.
Re:Facebook reveals its cryptocurrency Libra by matz1 on Tuesday June 18, 2019 @09:29AM (#20212727)
Isn't most of the thing if not anything start from one person, even Facebook itself ? Are you implying that its hard ? hard != impossible.
Re:Facebook reveals its cryptocurrency Libra by rchaud on Tuesday June 18, 2019 @10:11AM (#20213148)
No it wasn't, certainly not beyond the basic PHP web app version in 2004. Plenty of Fish is more or less than only major app that had 2 employees at the time they were pulling in millions in ad revenue.

Facebook's ads business didn't even get off the ground until they had already begun to hire massively. Zuck's prototype and marketing might have brought in the users, but FB would be nowhere without its billions in ad revenue.

Re:Facebook reveals its cryptocurrency Libra by eswat on Tuesday June 18, 2019 @12:36PM (#20214921)
Platforms started by many people—thousands in this case—have way more leverage than a single person trying to do the same.

It may not be impossible, but in this case it should be sane to assume it would be a waste of energy for a single person to attempt it.

Re:Facebook reveals its cryptocurrency Libra by matz1 on Tuesday June 18, 2019 @12:58PM (#20215236)
Fb didn't start with thousand people, it start with zuck coding up (or maybe stole it) prototype in his bedroom
Re:Facebook reveals its cryptocurrency Libra by eswat on Wednesday June 19, 2019 @07:28AM (#20222370)
Should clarify: by this case I mean Libra, not Facebook.
Re:Facebook reveals its cryptocurrency Libra by matz1 on Wednesday June 19, 2019 @08:43AM (#20222755)
Sure, doesn't change the fact that libra started by facebook and facebook started by one person, zuck.
Re:Facebook reveals its cryptocurrency Libra by eswat on Wednesday June 19, 2019 @09:41AM (#20223228)
I didn’t have Facebook,the social network way back, in my mind when trying to make my argument (I definitely should have made this clearer).

Remove the history behind Facebook and just look at the numbers of the LibraCoin consortium and you’re not dealing with just one person. That’s the lens someone wanting to make a competitor should be looking through, not that LibraCoin has a long thread tying back to “just” Zuck. That catalyst has little to do with the challenge of competing with LibraCoin as it has started today.

Re:Facebook reveals its cryptocurrency Libra by matz1 on Wednesday June 19, 2019 @10:34AM (#20223709)
I'm arguing against original argument that one person can't do anything against something big.

Any changes start from one person trying to do so. I'm arguing that’s the lens you should have in mind.

Re:Facebook reveals its cryptocurrency Libra by 50656E6973 on Tuesday June 18, 2019 @09:49AM (#20212930)
Nope, Facebook was stolen by one person though.
Re:Facebook reveals its cryptocurrency Libra by matz1 on Tuesday June 18, 2019 @10:04AM (#20213069)
Still mean that person make fb happen.
Re:Facebook reveals its cryptocurrency Libra by magnamerc on Tuesday June 18, 2019 @10:30AM (#20213427)
It's called Ethereum.