So Facebook wants us all to use their new cryptocurrency Libra? I loathe and detest Facebook enough already without this being thrust upon us. As Kenan Malik writes: Libra cryptocurrency won’t set us free, it will further enslave us to Facebook. Count me out.
The truly terrifying thing is that apparently:
More than two dozen entities have signed on to be founding members of the Libra organization, including Visa and MasterCard, Uber and Lyft, eBay, and Spotify.
So Visa and Mastercard have already cast their lot with Facebook? We’re doomed.