Re:Paypal Withdraws from Facebook's Libra Cryptocurrency
by toast0 on Friday October 04, 2019 @08:49PM
(#21163122)
The feds can come and shut down all of FB over money transmittal, they don't have to limit the shutdown to only the money parts. That's a huge risk to take. If Uber was shut down for violating taxi rules, they only had an unlicensed taxi business.
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Re:Paypal Withdraws from Facebook's Libra Cryptocurrency
by mminer237 on Saturday October 05, 2019 @12:03AM
(#21163732)
Could they? Wouldn't Facebook would only be an investor and Libra would be a separate company?
Re:Paypal Withdraws from Facebook's Libra Cryptocurrency
by SiempreViernes on Saturday October 05, 2019 @10:01AM
(#21165519)
Seems hard to have any prominent integration without having libra related infrastructure on fb servers, and all infra with ”libra” on it is likely to get seized in a raid.
But sure, if libra is just an altcoin on unrelated hardware then fb won’t be affected.
Re:Paypal Withdraws from Facebook's Libra Cryptocurrency
by vageli on Saturday October 05, 2019 @10:13AM
(#21165600)
> Seems hard to have any prominent integration without having libra related infrastructure on fb servers, and all infra with ”libra” on it is likely to get seized in a raid.
> But sure, if libra is just an altcoin on unrelated hardware then fb won’t be affected.
A company as large as fb has the means to segregate application hardware. Hell, even smaller companies do this for liability reasons. If fb didn't it would be pretty lazy and ill conceived.
Re:Paypal Withdraws from Facebook's Libra Cryptocurrency
by oceanplexian on Friday October 04, 2019 @09:08PM
(#21163181)
Is this the same feds who all have Facebook accounts, including their families, children, relatives, bosses, and so on? Including everything they buy, everything they look at, their location, and complete profiles of their personality, photos, photos that were taken OF them by other people, likes and dislikes, dirty secrets, and so on?
It sure would be a shame if FBI directors in charge of such an investigation were cheating on their wives or were illegally getting kickbacks from contractors. Would be absolutely inconceivable that Facebook might even leak that information to their friends at the CIA or NSA and call in a favor.