Re:Diem – A rebrand of Facebook’s Libra
by grishka on Sunday December 06, 2020 @12:04PM
(#25324768)
> Imagine having to use Facebook to access any money - not just Diems.
I don't think this can happen in practice. For any such system to work at all, the vast majority of the entire society needs to be using it and be satisfied with it, and then there'll always be cash anyway for which there can't be access control enforced by any one entity.
I don't think this can happen in practice. For any such system to work at all, the vast majority of the entire society needs to be using it and be satisfied with it, and then there'll always be cash anyway for which there can't be access control enforced by any one entity.