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Facebook to roll out it’s own cryptocurrency, Libra

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Facebook just took the wraps off Libra, a new cryptocurrency that will let anyone in the world pay with their smartphone

  • Facebook has officially announced a new digital currency called Libra.
  • It’s built with blockchaintechnology and governed by a consortium of big companies including MasterCard, Visa, Uber, and Spotify.
  • The buzzy but secretive project has been in the works for more than a year, and comes as Facebook faces numerous scandals around data privacy.
  • Libra is aimed at providing financial services to billions of people around the world, especially those who don’t have access to banking.

https://www.businessinsider.com.au/libra-facebook-announces-digital-currency-blockchain-2019-6
 
I'll keep an eye on this... but with their issues with privacy I wouldn't trust Facebook with my bread..
 
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