News for hackers. Stuff that matters.

A comment on Facebook reveals its cryptocurrency Libra. Parent comment

Re:Facebook reveals its cryptocurrency Libra by LambdaComplex on Tuesday June 18, 2019 @10:27AM (#20213382)
Well, they don't actually say it's "not centralized." They say it "will not be issued by a central party," which it won't--it will be issued by 28 central parties.
[ Parent | on HN ]
Re:Facebook reveals its cryptocurrency Libra by snarf21 on Tuesday June 18, 2019 @10:35AM (#20213481)
They also say it will be decentralized but they are really only talking about infrastructure not governance or control. This will never be anything but a completely centralized shitcoin (although a very successful one).
[ Parent | on HN ]
Re:Facebook reveals its cryptocurrency Libra by loblollyboy on Tuesday June 18, 2019 @10:41AM (#20213572)
The Cryptoviet Union
[ Parent | on HN ]
Re:Facebook reveals its cryptocurrency Libra by JaRail on Tuesday June 18, 2019 @02:37PM (#20216751)
Brilliant.
[ Parent | on HN ]