With ‘Libra,’ Facebook takes on the world of cryptocurrency
Facebook is leaping into the world of cryptocurrency with its own digital money, designed to let people save, send or spend money as easily as firing off text messages.”Libra” — described as “a new global currency” — was unveiled Tuesday in a new initiative in payments for the world’s biggest social network with the potential to bring crypto-money out of the shadows and into the mainstream.Facebook and some two dozen partners released a prototype of Libra as an open source code to be used by developers interested in weaving it…
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