 |
June 27, 2019, 06:27:49 PM |
|
After so much anticpation, facebook finally launched a whitepaper in preparation of it token to be utilized on it website. with the information provided about the coin,it is a cryptocurrency that will solve the issue of payment services across multinational borders. apparently, there are so many big institutions that partnered with facebook to develop this project. which includes Mastercard and visa.
So the question is; is the Libra coin a cryptocurrency?
My opinion is NOPE. the project is Not decentralized like bitcoin and will be control by the big financial agencies and even government.
|
