facebook | Attack of the 50 Foot Blockchain

Facebook’s Libra national currency plan isn’t new — it was always the fallback plan B

by: David Gerard
In: Uncategorised
On Mar 04,2020
Comments: 0
Tags: ben maurer , david marcus , facebook , libra , mark zuckerberg

Revamps are in the air, because Libra still can’t get its bad idea past the regulators — the same ones who said “LOL, what on earth, absolutely not” within hours of Libra’s initial announcement last June.
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News: 2020 predictions, ICO fallout, Craig Wright, Qatar and Uzbekistan block cryptos, Bitcoin and censorship, Libra

by: David Gerard
In: Uncategorised
On Jan 11,2020
Comments: 1
Tags: amy castor , ben munster , bitfinex , blockstream , bundesbank , calibra , cbd , charlie shrem , china , craig wright , crypto asset management lp , david marcus , digital capital management , dubai , eric nakagawa , facebook , facebook pay , faegre baker , germany , grant gulovsen , gym friend , hashgraph , ico , icobox , ira kleiman , jake chervinsky , jens weidmann , john reed stark , joshua davis , kraken , kyri andreou , libra , links , patrick ellis , payu , qatar , samson mow , sebastian meunier , sec , shitcoin wallet , switzerland , tether , timothy enneking , ueli maurer , uzbekistan , virgil griffith , youtube

The Bitcoin white paper’s elegant simplicity only exists in a perfectly spherical monetary system in a vacuum at absolute zero.
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News: Libra and stablecoins and FinCEN, China still hates crypto trading, Tether

by: David Gerard
In: Uncategorised
On Nov 22,2019
Comments: 0
Tags: all t&a consulting pty ltd , australia , axa , benoit coeure , bis , bitfinex , blockchain , china , europe , facebook , federal reserve , fednow , fincen , fizzy , iaqua , ico , intelligence squared , irs , kenneth a. blanco , lance gooden , libra , links , monero , paul vigna , royal bank of canada , silvergate bank , stablecoin , sylvia garcia , tether , the block , united states , valery kovalevskiy , voatz , world chess

And I’m doing another Intelligence Squared on Thursday 5 December — and this one’s free!
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Facebook Pay does 100% of the useful bit of Libra. Why do a cryptocurrency as well? I still don’t know the answer

by: David Gerard
In: Uncategorised
On Nov 14,2019
Comments: 0
Tags: facebook , facebook pay , instagram checkout , libra , messenger payments , whatsapp pay

Yes, Facebook Pay does international remittances precisely as effectively as Libra will.
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News: Libra stumbles on, Bitmex leaks customer list, Crypto Capital Corp arrest and indictment, Tether appeal, Blockchain for China, Kleiman v. Wright settlement fails, Telegram tokens delayed, UK tax for cryptos

by: David Gerard
In: Uncategorised
On Nov 04,2019
Comments: 0
Tags: advcash , binance , bis , bitfinex , bitmex , blockstack , calibra , cas piancey , cbdc , china , christian catalini , craig wright , crypto capital , daml , david marcus , digital asset , encyclosphere , everipedia , facebook , federal reserve , gram , gramvault , hmrc , initiative q , ira kleiman , ivan manuel molina lee , jack dorsey , james wilson , jihan wu , jp koning , kik , kin , lael brainard , larry sanger , libra , links , litecoin , long blockchain , mark zuckerberg , medialab , oz yosef , patrick mckenzie , ravid yosef , reggie middleton , sendgrid , sergey vasin , square , telegram , tether , twitter , united kingdom , veritaseum , xrp

“BITCONNECT SAID TO EXIT LIBRA CONSORTIUM FOR FEAR OF BAD PRESS”
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News: Tether sued, ether is a commodity, proof of work is still awful, IRS releases incomprehensible guidance

by: David Gerard
In: Uncategorised
On Oct 16,2019
Comments: 2
Tags: alex de vries , alipay , beanie babies , binance , bitfinex , bitwise , blockchain , bundesbank , cftc , chainalysis , cls , cz , digiconomist , etf , ethereum , facebook , fca , hyperledger , irs , jennifer robertson , libra , links , martin walker , peter thiel , preston byrne , quadrigacx , roche freedman llp , sec , telegram , tether , tim swanson , ton , united kingdom , united states

If you’re going to do crimes, don’t do them on a permanent immutable public ledger of all transactions.
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Facebook and Libra’s terrible, horrible, no-good, very bad week — everybody’s left, Dave

by: David Gerard
In: Uncategorised
On Oct 15,2019
Comments: 0
Tags: coinflex , dante disparte , europe , facebook , libra , openlibra , united states , valdis dombrovskis

“In a way it’s liberating” — David Marcus on almost all the payment companies leaving Libra.
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Libra before Libra — the rise and fall of Facebook Credits

by: David Gerard
In: Uncategorised
On Oct 08,2019
Comments: 0
Tags: facebook , libra , paypal , zynga

Libra wasn’t Facebook’s first foray into payment systems. A decade ago, it set up Facebook Credits — to cash in on pay-to-win games.
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News: EOS settles with SEC, PayPal dumps Libra, digitised gold, Coinbase triples fees, Bitcoin Foundation is dead

by: David Gerard
In: Uncategorised
On Oct 04,2019
Comments: 0
Tags: apple , bitcoin foundation , bitfinex , block.one , coinbase , dante disparte , david marcus , dignity gold , eos , facebook , fca , karatbars , libra , links , nebulous , new york , ohio , paypal , sec , sia , siacoin , tether , tim cook , united kingdom , wework

PayPal “remains supportive of Libra’s mission” — so that’s nice.
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News: Bitcoin crashes despite Bakkt, Crypto Research Council, Libra, Tether stay, Kik shuts down Messenger, Craig Wright’s apparent plagiarism, CoinDesk shakeup

by: David Gerard
In: Uncategorised
On Sep 30,2019
Comments: 5
Tags: bakkt , barry silbert , bitcoin , bitfinex , bitmex , blockchain , cardano , cbdc , charles hoskinson , coinbase , coindesk , craig wright , crypto rating council , deltec , facebook , gram , ibm , ico , icobox , image protect , incognito , jp koning , kik , kim , kim dotcom , kin , kodakone , kyrgyzstan , libra , lightning network , links , lnbig , new york , nikolay evdokimov , onecoin , pete rizzo , reggie fowler , sec , telegram , tether , vortex

Watch me debate Bitcoin as a reserve currency tomorrow!
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