Enrique Dans
Published in

Enrique Dans

Facebook’s cryptocurrency: great idea, wrong company

All the signs are that Facebook is about to launch its cryptocurrency on June 18, a project known internally as Libra, and that soon, apparently, we will all be using. So what are the implications of a company with 2.4 billion users launching its own currency?

Strategically, the movement makes sense for Facebook: at a time when many question the its dominance of social…

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