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Well, perhaps a deep exploration of the pros and cons are warranted, but...

FB has been caught willfully and negligently lying multiple times. (And yes, I'm aware that many banks have done the same.) Nonetheless, why would I choose to trust them over any other payment system?

What's Zuck's testimony to Congress going to be in five years? "We could have done better. We will do better. Who could have forseen this nightmare mess...?"




My impression of what Libra is to FB is equivalent to that Silicon Valley episode where they did an ICO to found their business and get more users at the same time. I don’t believe FB’s altruistic intention for one second.


I can't wait for the 2025 3-season Facebook Special of American Greed.


Sure, but there should be a discussion about the tech and how it may/may not turn out instead of hur-dur FB bad. This is Hacker News after all not Privacy News.


Those dumb f@cks trust me with their money...




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