Re: Libra: The Bank of Facebook

2019-06-19 Thread olivier auber
LIBRA isn't "libre" While LIBRA siphons off all the world's currency, we can also consider the path of the (true) "libre currency". It consists in creating a "common monetary protocol". This does not mean that money is common to all, but that we are equal in terms of monetary creation. Practicall

Libra: The Bank of Facebook

2019-06-19 Thread Rachel O' Dwyer
Below is a response to Facebook's announcement that it's releasing a digital currency and wallet. Rachel *The Bank of Facebook* Marshall McLuhan argued that money is communication. This rings particularly true at a time when so many platforms are entering the payments space. The US payments