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Facebook plans June 18th cryptocurrency debut (techcrunch.com)
6 points by jason_zig on June 6, 2019 | hide | past | favorite | 2 comments


Other than for marketing purposes and PR spin, why is there any use of a blockchain here? Facebook is a single entity... whom I assume trusts itself to keep a private ledger in a database.

So... what's the point of any blockchain? I imagine any widespread adoption would just be dominated by facebook's own servers


Calling it Libra (if they do) would generate a whole world of memes.




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