Slate: Facebook Has a New Cryptocurrency, and It’s Very Different From Bitcoin
Libra’s purported stability and ease of use may mean that it will lack some of the features that have drawn people to cryptocurrency in the first place.
Facebook says they are trying to “reinvent money” and “transform the global economy.” Analysts say that’s easier said than done.
Facebook's new cryptocurrency, called "Libra," is part of an ambitious plan by the social media giant to create a new digital currency and financial system to transform the way money moves around the world. https://t.co/Ysn4PeleTf pic.twitter.com/bsEuDVmuvD
— CNBC (@CNBC) June 18, 2019
