News for hackers. Stuff that matters.

flashyfaffe

Re:France and Germany Agree to Block Facebook's Libra on Sunday September 15, 2019 @05:20AM (#20976326)
Agree with you with the necessity of diversification. The issue is not Facebook issuing its own crypto but rather the potential control we let it take over. I believe that the same reason related to control that an entity can people on people (combined with the new technology) helped to originate bitcoin. The need to ensure no one ( including governments) deciding people's life by manipulating own belongings (by tax or rates manipulation). That's a the same anarcho- libertarian logic approach here. Anyone should be able to decide whether or not putting your eggs in the same basket.