Thumbs Down to Facebook’s Cryptocurrency

 

Only a fool would trust Facebook with his or her financial wellbeing. But maybe that’s the point: with so much personal data on some 2.4 billion monthly active users, who knows better than Facebook just how many suckers are born every minute?


https://www.project-syndicate.org/commentary/facebook-libra-facilitates-crime-money-laundering-by-joseph-e-stiglitz-2019-07



(Sent from my wireless device; please excuse brevity and typos (if any))