Re:Facebook reveals its cryptocurrency Libra
by thefounder on Tuesday June 18, 2019 @01:14PM
(#20215486)
You can't create a new user without to verify it. All the transactions are monitored(i.e for fraud prevention so expect to receive "suspicious activity" emails and your account frozen). What do you mean off the grid? You don't have access to the blockchain.
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Re:Facebook reveals its cryptocurrency Libra
by conanbatt on Tuesday June 18, 2019 @03:40PM
(#20217496)
This depends on the implementation of pseudonymity. Cash is controlled on the atm, but not when it changes hands. If Libra will allow to move the money internationally, it cant be really monitoring each transaction.
Re:Facebook reveals its cryptocurrency Libra
by omarchowdhury on Tuesday June 18, 2019 @04:07PM
(#20217820)
You are referencing the access controls specific to the Calibra wallet, the story for the Libra blockchain with respect to account generation and usage is different. It's open.