Libra is one of the most anticipated product in blockchain space as it marks Facebook's entry in cryptocurrency. Libra already have major partners in industry and this project will make cryptocurrency accessible for billions of people in the world.
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NO!!! NO!!! NOOOO!!!
Facebook has NO RIGHT to make a currency.... This is a BAD IDEA and a CLASSIC SHAM by MODERN DAY "WALL STREET" aka BIG TECH.
I am NOT a fan or a supporter. In fact, I'm calling congress and asking them to BAN it.
PROBLEMS... LET's REMEMBER:
- Facebook takes "aka STEALS" data from users globally and historically made their terms complex and misleading
- US democracy was interfered with via Facebook Ads from foreign bad actors to get Trump elected
- The "Facebook Economy" is a horrible engine creating massive amounts of centralized power to Facebook, spinning up scammy businesses, and providing "fake" identity systems
- Mark Zuckerberg is a rich billionaire and he has too much power. He exploited internet loopholes and psychology and should be paying more in taxes
- Facebook needs to be shut down. I honestly don't like spending time on it.
SOLUTIONS
- Estonia e-Estonia (https://e-estonia.com)
- PROPER E-GOVERNANCE => https://e-estonia.com/solutions/...
- PROPER GOVERNMENT IDENTITY => https://e-estonia.com/solutions/...
- PROPER E-BUSINESS => https://e-estonia.com/solutions/...
- PROPER CYBERSECURITY => https://e-estonia.com/solutions/...
- PROPER GLOBAL INTEROP => https://e-estonia.com/solutions/...
A good government would have been looking at this back in 2017 => https://www.engadget.com/2017/12...
I FULLY REJECT THIS TECHNOLOGY.
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@cameronjroe I am sure it is no coincidence this is launched when the staunched critic of Facebook, the European Union, is the formation of a new leadership...
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@cameronjroe I'm not sure how I feel about this. I don't trust facebook.. at all. Hopefully this help blockchain and other alternatives to become mainstream.
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.@cameronjroe I think everyone will agree with this.
I'm very very curious how this matures. Facebook is one of the few companies that can accelerate cryptocurrency adoption to the mainstream (whether the crypto communities like it or not).
Curious to hear everyone's thoughts.
@aaron_kazah@bmweinstein no plans to add to the PH API at the moment. That could change later this year if there's strong demand and a good use case.
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Facebook can really boost the adoption.
However, @rrhoover, how did this happen?
I hunted Libra (https://www.producthunt.com/post...) 6 hours ago and this hunt got featured 3 hours ago??? π€π€π€
Libra "is governed by the independent Libra Association tasked with evolving the ecosystem" (https://libra.org/en-US/white-paper) β Facebook's managed to pick large corporations to wield the power for this decentralised cryptocurrency.
"Can't wait for a cryptocurrency with the ethics of Uber, the censorship resistance of Paypal, and the centralization of Visa, all tied together under the proven privacy of Facebook" β Sarah Jamie Lewis' Twitter thread on this is a great read. https://twitter.com/SarahJamieLe...
nobody asked for this, they are not filling a need.
Cons:
Everything about this feels icky
I have no trust in FB
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Airwire is the real mass adoption of crypto. They're becoming an ecosystem in the crypto world, with their universal sending tech, easy airdrops and awesome features on the horizon.
Pros:
Can help Airwire.io get up there as a mass adoption platform.
Cons:
Not trustworthy. They srew up our privacy. Now our Money?No thanks.
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You just said it all'i even wonder if he ever will respond to it, the logo was stollen anyway in the same way as facebook
@sethlouey I'd actually be surprised if Amazon doesn't do the next move. They have strong incentives as a global e-commerce player and access to customers' wallets.
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Swap Ideas
Product Hunt
Product Hunt
SatoshiGPT
Product Hunt
Daybridge
Baserow
waste of space
Pros:nobody asked for this, they are not filling a need.
Cons:Everything about this feels icky I have no trust in FB
Airwire is the real mass adoption of crypto. They're becoming an ecosystem in the crypto world, with their universal sending tech, easy airdrops and awesome features on the horizon.
Pros:Can help Airwire.io get up there as a mass adoption platform.
Cons:Not trustworthy. They srew up our privacy. Now our Money?No thanks.
Fodeli
SatoshiGPT
Let's see how MOVE itself evolves around blockchain devs.
Pros:It would accelerate adoption and awareness about cryptocurrencies and blockchain.
Cons:We don't know how much privacy would be compromised.
Operation Pie
Mudrex
Fodeli