According to McAfee, Facebook will impinge on the economic freedom of its owners, thus disregarding the main purpose of crypto.
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Tag: Facebook coin
Facebook’s Libra Coin: Initial Reactions Mixed in Twitter
As the CoinTelegraph announced, Facebook has released its much anticipated white paper for the cryptocurrency Libra. The initial reviews of the highly secretive mega-project are mixed, to say the least. Before taking a look at responses across the cryptosphere, let’s have a quick recap of the Facebook proposal. The Libra coin proposal Libra is designed to be […]
Report: Uber, PayPal, Visa to Back Facebook’s GlobalCoin Cryptocurrency
Visa, Mastercard, PayPal and Uber are all backing Facebook’s new cryptocurrency, according to a new report. The Wall Street Journal reported Thursday that the social media giant has signed on more than a dozen backers for its GlobalCoin cryptocurrency, a stablecoin that has been developed in secrecy for more than six months. Each of the new backers […]
MIT Professor Christian Catalini Is Working on Facebook Coin
Massachusetts Institute of Technology professor Christian Catalini is on leave and working on the development of Facebook coin, cryptocurrency news Coindesk reported on May 3. Per the report, two anonymous sources with knowledge of the situation told Coindesk about Catalini’s collaboration with Facebook. Catalini — the Theodore T. Miller Career Development Professor at MIT — is reportedly one of the […]