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Author Topic: [2019-10-08] PayPal officially pulls out of Facebook's Libra cryptocurrency  (Read 103 times)
veleten (OP)
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October 07, 2019, 10:52:09 PM
 #1

the news made The Guardian tech section:

https://www.theguardian.com/technology/2019/oct/07/paypal-pulls-out-facebook-libra-cryptocurrency

Paypal drops his support for the controversial project amidst criticism from the regulators.
Official statement: "PayPal has made the decision to forgo further participation in the Libra association at this time and to continue to focus on advancing our existing mission and business priorities as we strive to democratise access to financial services for underserved populations."

looks like the stilborn project has nearly zero chances to become something good

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iePlay NoweiI
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October 07, 2019, 11:15:22 PM
 #2

PayPal saw the dangers of what is coming to Libra and now they want out. U.S Government won't let Facebook Libra take over the monetary supply and circulation around the world. Don't forget the world bank too, EU, and IMF would all soon tail behind MR. TRUMP to stop Libra. At last, Zuckerberg has one last dream that's impossibly going to happen.    

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