Facebook is in the hot seat this week, as Congress asks burning questions about the company’s Libra “cryptocurrency.” I use quotes, because in the purest sense, a cryptocurrency is decentralized, trustless, and permissionless. Libra is none of these. Instead, Libra is more likely to become a private currency that enables a turnkey totalitarian state with […]The post Libra: Friend or Foe? Worst Case Scenario Post-Congressional Hearings appeared first on CCN Markets
