Podcast/radio show about Facebooks attempt to “control the money” through Libra.

Using cryptocurrencies Fb needed to have an influence in contrast to some other company. This is an fascinating episode I assumed I’d share for whoever’s .

https://www.podcasttheway.com/l/libra/

Description copy and pasted:

Fb tried to disrupt the world - and the world says "no." Facebook launched Libra in June 2019. Libra can be a world foreign money and cost system. It might movement immediately around the globe by telephone. It might even "bank the unbanked." But Libra would also make Facebook too huge to control- and cleared the path for Facebook's Silicon Valley fellows to swing the facility of their money as they pleased. Facebook and their pals might work round any single nation's guidelines. Libra might shake entire economies and Fb would grow to be the "digital id" supplier to the world. Governments looked at Libra - and saw one other 2008 financial disaster within the making. Fb's plan would have made the company even more entrenched - at the price of damaged economies worldwide; starting with toppling the US greenback.

"Libra Shrugged" is the story of a nasty concept.

Bio: David Gerard writes the cryptocurrency and blockchain information website Attack of the 50 Foot Blockchain. He's the writer of the 2017 guide Assault of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Sensible Contracts and the 2020 guide Libra Shrugged: How Fb Tried to Take Over the Money. Until he reinstalled the laptop computer they have been on, he was the proud owner of six Dogecoins. He stays a frequent, if sometimes irritated, consumer of Facebook.

In addition to being a crypto journalist, David additionally works as a Unix system administrator, where his job consists of protecting monitor of thrilling new technologies, and advising towards the dangerous ones. He has additionally been an award-winning music journalist, and has blogged about music at Rocknerd.co.uk since 2001. He is a volunteer spokesman for Wikipedia, and for skeptical wiki RationalWiki.org. Initially from Australia, he lives in east London together with his partner Arkady Rose and their daughter.