[kictanet] Fwd: [Internet Policy] Is Facebook's proposed cryptocurrency a bad idea?

[Barrack Otieno]

Listers,

Might be of interest.

Regards

---------- Forwarded message ---------
From: Richard Hill via InternetPolicy <internetpolicy at elists.isoc.org>
Date: Thu, Jun 20, 2019 at 9:43 AM
Subject: [Internet Policy] Is Facebook's proposed cryptocurrency a bad idea?
To: <internetpolicy at elists.isoc.org>




Here is the white paper explaining Facebook’s cryptocurrency:
https://libra.org/en-US/white-paper/.

Here is an article criticising it:
https://www.nytimes.com/2019/06/19/opinion/facebook-currency-libra.html :
‘Launching a Global Currency Is a Bold, Bad Move for Facebook

The way we structure money and payments is a question for democratic
institutions, not technology companies.

*By Matt Stoller*

Mr. Stoller is a fellow at the Open Markets Institute.

·        June 19, 2019

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-- 
Barrack O. Otieno
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