Libra – Zuckerberg's dangerous cryptocurrency lie

Kane Dane July 19, 2019 Crypto News

Facebook’s cryptocurrency Libra rides the decentralization bandwagon when in reality it might become the ultimate step towards wealth consolidation and information control of the global Facebook empire.

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Facebook is going to launch its own cryptocurrency with the potential of turning the social network into the largest payment service in the world.
Zuckerberg promises strong privacy protections and claims the new digital currency will be independent of the Facebook company.
The new coin called Libra is planned to launch in early 2023, and to market it, Facebook is capitalizing on the growing popularity of blockchain cryptocurrencies.

Sources

Libra White Paper & official documentation
https://libra.org/en-US/white-paper/
https://libra.org/en-US/about-currency-reserve/
https://libra.org/en-US/association-council-principles/
https://libra.org/en-us/becoming-founding-member/
https://libra.org/en-US/permissionless-blockchain/#overview
https://developers.libra.org/docs/life-of-a-transaction
https://developers.libra.org/docs/libra-core-overview
https://developers.libra.org/docs/libra-protocol
https://developers.libra.org/docs/the-libra-blockchain-paper https://developers.libra.org/docs/assets/papers/the-libra-blockchain.pdf

News coverage of Libra
https://www.theguardian.com/technology/2019/may/24/facebook-plans-to-launch-globalcoin-cryptocurrency-in-2020
https://edition.cnn.com/2019/06/18/tech/facebook-libra-cryptocurrency/index.html
https://www.theverge.com/2019/6/18/18683867/facebook-cryptocurrency-libra-calibra-trust-banking
https://www.theverge.com/2019/6/26/18716326/facebook-libra-cryptocurrency-blockchain-irs-starbucks
https://www.nytimes.com/2019/06/19/opinion/facebook-currency-libra.html
https://www.bloomberg.com/news/articles/2019-06-25/maxine-waters-wasn-t-kidding-about-a-facebook-token-moratorium
https://www.bloomberg.com/opinion/articles/2019-06-20/facebook-s-libra-cryptocurrency-isn-t-actually-supposed-to-work?srnd=opinion
https://marginalrevolution.com/marginalrevolution/2019/06/the-libra-reserve-discussion-of-background-documents.html
https://www.nytimes.com/2019/02/28/technology/cryptocurrency-facebook-telegram.html
https://www.bloomberg.com/news/articles/2018-12-21/facebook-is-said-to-develop-stablecoin-for-whatsapp-transfers
https://www.coindesk.com/report-uber-paypal-visa-to-back-facebooks-globalcoin-cryptocurrency
https://www.bbc.com/news/business-48383460
https://www.bbc.co.uk/news/business-47240760
https://www.investopedia.com/what-is-facebook-s-globalcoin-4688666
https://www.coinspeaker.com/project-libra-facebook-cryptocurrency-payments-system/
https://www.coinspeaker.com/barclays-facebook-coin-revenue/
https://www.coindesk.com/everything-we-know-about-facebooks-cryptocurrency
www.ccn.com/crypto/facebook-rival-taringa-crypto/2019/07/07/
https://www.ccn.com/news/dangerous-allow-libra-regulatory-void-ecb/2019/07/08/
https://www.bloomberg.com/news/articles/2019-07-07/facebook-s-cryptocurrency-plan-draws-ecb-warning-on-regulation

Satoshi Nakamoto introducing Bitcoin
https://satoshi.nakamotoinstitute.org/posts/p2pfoundation/1/

Facebook operates as a dictatorship
https://www.ccn.com/shareholders-want-dictator-zuck-out-as-chair-facebook-defends-him/
https://www.latimes.com/business/hiltzik/la-fi-hiltzik-mark-zuckerberg-facebook-20190416-story.html

Other stablecoins
https://www.coindesk.com/makerdao-quest-stable-stablecoin-continues

Other social media cryptocurrencies
https://www.nytimes.com/2018/03/04/technology/telegram-initial-coin-offering.html?module=inline

Sandberg and Zuckerberg on a paid version of Facebook
https://fortune.com/2018/04/07/sheryl-sandberg-says-facebook-users-would-have-to-pay-for-total-privacy/
https://www.businessinsider.com/mark-zuckerberg-always-a-version-of-facebook-free-2018-4

Facebook political censorship
https://www.theguardian.com/technology/2018/oct/16/facebook-political-activism-pages-inauthentic-behavior-censorship

The difference between permissionless and permissioned blockchains
https://www.coindesk.com/information/what-is-the-difference-between-open-and-permissioned-blockchains

Bitcoin rich list
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Shapeshift blacklisting bitcoin addresses
https://www.ccn.com/shapeshift-is-assisting-police-to-trace-cashed-out-bitcoin-from-wannacry-ransomware/

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Kane Dane