Wednesday, June 26, 2019

Facebook’s Libra Cryptocurrency Betrays the Company’s True Ambitions | WIRED

Facebook’s Libra Cryptocurrency Betrays the Company’s True Ambitions | WIRED: So, imagine there’s this place. You hang out there all the time. Your friends and family are there. It’s got neighborhoods, both big and small. There are businesses there, you get most of your mail there in the form of digital messages.

It’s not perfect: Sometimes there’s crime, or that one neighbor who keeps pushing the conspiracy theories about vaccines or politics. You feel like the security teams are getting a little better at handling those kinds of disruptions, and after all, every place has potholes, right? Or maybe you’re just getting used to it. But lately it seems like if people step too far out of line, they just sort of … disappear.

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