Re:Facebook reveals its cryptocurrency Libra
by CaptainZapp on Wednesday June 19, 2019 @09:14AM
(#20222987)
The consortium of companies owning the currency decide the amount they want to create, they decide who gets refund and why
Don't forget the amount of support they will provide. Looking at major tech companies and their histories in providing customer support I see a rather bleak picture here.
This goes also for all those new fangled disruptive app banks. Guess how much success an N26 (new German app bank) customer had to contact support after 80'000 Euro went missing from his account. Spoiler: Until it was a massive story in the press, not much.[1]
Don't forget the amount of support they will provide. Looking at major tech companies and their histories in providing customer support I see a rather bleak picture here.
This goes also for all those new fangled disruptive app banks. Guess how much success an N26 (new German app bank) customer had to contact support after 80'000 Euro went missing from his account. Spoiler: Until it was a massive story in the press, not much.[1]
[1] https://en.wikipedia.org/wiki/N26_(bank)#Controversy