MCViewPoint

Opinion from a Libertarian ViewPoint

NYT: Facebook Is Launching a Cryptocurrency

Posted by M. C. on March 4, 2019

You never hear anymore what the crypto was in crypto-currency. The prevention of government and it’s minions from tracking your spending habits.

Facebook crypto-anything is non sequitur.

https://www.breitbart.com/tech/2019/03/04/nyt-facebook-is-launching-a-cryptocurrency/

by Lucas Nolan

The article in the Times titled “Facebook and Telegram Are Hoping to Succeed Where Bitcoin Failed,” discusses how social media giant Facebook and messaging service Telegram have plans for a cryptocurrency system of their own. Breitbart News reported on Facebook’s own cryptocurrency plans in December of 2018.

In a post to his Facebook page in January of 2018, Facebook CEO Mark Zuckerberg stated that every year he takes on a new personal challenge and so far has, “visited every US state, run 365 miles, built an AI for my home, read 25 books, and learned Mandarin.” Now this year, the billionaire CEO has turned his sights towards cryptocurrencies in 2018. Zuckerberg first began discussing the work that Facebook needs to do saying, “The world feels anxious and divided, and Facebook has a lot of work to do — whether it’s protecting our community from abuse and hate, defending against interference by nation states, or making sure that time spent on Facebook is time well spent.”…

Be seeing you

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