libra is centralized and its not blockchain
Libra, with Facebook's dominance, has the power to replace fiat currency
With their commitments to push Libra across the world, governments across the world won't like it very much
It gives FB and othr tech giants power to interfere a country's economy
@inditoot So, in other words, FB is now 'officially' a nation-state actor?
@inditoot In that case, I hereby renounce my Facebook citizenship. [Facebook logo] Facebook.
@octet33 hahaha 😂
Its hilarious they call it Libra. what if they banned some user and user was using their currency what then?
@prateik They can ban user as it's not decentralized so Facebook has full control over it, they will know what you are doing with your money.
And if Government said to ban them, they will do everything to remove that ban even sharing the data with government.
@inditoot So it is a centralized crypto?
Brace yourself, fb on mobile will get lot more slower! I hope you know what I mean.
@akarshanbiswas Yeah, it's centralized I totally do understand what you mean.
They gonna add some serious shit to there app, right now it uses more space then some big games like Pubg
@akarshanbiswas Technically it's not crypto currency though
@inditoot Some Tech news sites are calling it crypto though.
@akarshanbiswas Facebook using it for marketing
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