VVO Supporter 🍦🎈👾❤
- Sep 22, 2018
- Underground in America
- SL Rez
- Joined SLU
- May 2009
- SLU Posts
Might as well get it out of the way...
"I don't understand how this is possible," an expert said of Facebook's approach.
Meanwhile,Facebook has assembled an impressive roster of launch partners for its Libra project. Visa, MasterCard, and PayPal are backing the effort. So are Uber and Lyft, as well as several venture capital firms and non-profit organizations.
But Libra's future remains murky. Facebook is months away—at least—from actually launching a network. The documents Facebook released in June left a lot of unanswered questions about how the network will actually work—and in particular, how the network will deal with the wide range of legal and regulatory requirements that apply to payment networks.
In a series of tweets late Thursday, the president attacked cryptocurrencies and said Libra "will have little standing or dependability."