RE: Facebook is "tied" to the chain with Libra

[crypto.piotr]

Dear @fucho80

Interesting choice of topic. Seriously great read.

I only had a chance to read your publication a moment ago. It's quite clear to me that FB and their Libra is attracting attention worldwide. Recently it's a very hot topic :)

ps.
I'm wondering how much data will we have to share with FB in order to create account in their digital wallet. After all that would be very tempting for them, wouldn't it?

ps. any idea if one need to purchase Bitcoin first and then exchange it to Libra on some exchanges? Or can Libra be directly purchased with FIAT?

Yours
Piotr

Comments

[fucho80]

Dear friend @crypto.piotr thank you for coming.

ps.
I'm wondering how much will we have to share with FB in order to create account in their digital wallet. After all that would be very tempting for them, would not it?

Hahaha, Of course it is very tempting for them and obviously Facebook has lost a lot of credibility and trust, I think this is the call to all these recognized companies trying to build trust in people. From my point of view, the interesting thing here is the publicity and visibility that this is generating towards cryptography.

ps. any idea if one need to buy Bitcoin first and then exchange it to Libra on some exchanges? Or can Libra be directly purchased with FIAT?

From what I have read, this coin could be exchanged for other cryptocurrencies and fiat money as well.

Friend, thank you for your comment, it is always nice to read and respond to your comments.

[akdx]

Yes, privacy of data will always be a matter of concern with adoption of LIbra.