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RE: Don’t Underestimate Libra (2): Will Facebook Steal The Crypto-Revolution?

in #libra5 years ago

First of all, facebook is kind of a bully. They think they can waltz right in and take over the "industry". But they're missing some key elements to their success. They would have to want the main public to want those coins. I don't want them, do you? Perhaps they think that money solves everything, and maybe it does in the 'centralized' world, but in our world, they will have to do a lot of convincing. Facebook is for the US government. Once people fall into their trap, users will have to pay up the wazoo in taxes. The US gov is only wanting to find a way to tax. That's why all these Americans are being denied services. Too many laws. I'd say stay away. I would never go there. Is this a conspiracy? Perhaps. Facebook is trying to play a channel, or bridge, between the non-cryptists (like my old grandma) and the cryptoworld. Personally, I think Facebook is too late in the game. By the time they educate my grandma on how to copy and paste, send and recieve and wallet safey, it's too late. Don't be paranoid. And yes, it's kind of a conspiracy.

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