And I’m doing another Intelligence Squared on Thursday 5 December — and this one’s free!
Yes, Facebook Pay does international remittances precisely as effectively as Libra will.
“BITCONNECT SAID TO EXIT LIBRA CONSORTIUM FOR FEAR OF BAD PRESS”
If you’re going to do crimes, don’t do them on a permanent immutable public ledger of all transactions.
“In a way it’s liberating” — David Marcus on almost all the payment companies leaving Libra.
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.
PayPal “remains supportive of Libra’s mission” — so that’s nice.
Watch me debate Bitcoin as a reserve currency tomorrow!
Crypto in general is a complicated machine to funnel decreasing supplies of actual-money from retail suckers to about twenty guys.
What are some of the ways things could go bad if Libra gets huge — even given Marcus’ responses?