What Could Possibly Go Wrong?

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.

About Geoff Coupe

I'm a British citizen, although I have lived and worked in the Netherlands since 1983. I came here on a three year assignment, but fell in love with the country, and one Dutchman in particular, and so have stayed here ever since. On the 13th December 2006 I also became a Dutch citizen.
This entry was posted in Computers and Internet, Society. Bookmark the permalink.

1 Response to What Could Possibly Go Wrong?

  1. Ludwig says:

    I too will stick with a “penny for your thoughts”, even if a Libra might buy an actual cup of coffee …

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