Re:France and Germany Agree to Block Facebook's Libra
by detaro on Saturday September 14, 2019 @11:37AM
(#20971471)
Presumably, Facebook calling Libra "the Libra voucher system" wouldn't quite fix it though.
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Re:France and Germany Agree to Block Facebook's Libra
by lima on Saturday September 14, 2019 @12:31PM
(#20971855)
Yes - you have to be a member of the Chiemgauer e.V. association in order to use or accept the vouchers, which is why it's called "vereinsintern", i.e. "internal to the association". It's not a general-purpose currency.
Re:France and Germany Agree to Block Facebook's Libra
by Dylan16807 on Saturday September 14, 2019 @01:08PM
(#20972190)
Have to? What happens if a random business accepts them for payment, and uses them for purchases at other accepting businesses?
Re:France and Germany Agree to Block Facebook's Libra
by majewsky on Saturday September 14, 2019 @03:07PM
(#20972994)
IANAL, but the association giving out the vouchers would probably sue for fraud, since the merchant acts like a member of the association even though they are not.
Re:France and Germany Agree to Block Facebook's Libra
by Dylan16807 on Sunday September 15, 2019 @06:03AM
(#20976437)
That is a very very strange thing to consider fraud! Imagine applying the same logic to someone that will trade their wares for baseball cards.