If you want a genuine cryptocurrency experience, don’t look to Facebook.
The social media giant has lately made headlines around the world for introducing its Libra cryptocurrency and related nonprofit Libra Association. The popular understanding is that Libra is Facebook’s response to Bitcoin, Ether, and other popular crypto coins—it’s a new way to transmit value on the blockchain. It’s understandably being called a “cryptocurrency.”
Except it’s not a standard cryptocurrency at all.
Libra is a permissioned digital currency quite comparable to stablecoins that already exist
There’s already a whole ecosystem of price-stable …
Read The Full Article On CryptoCurrencyNews.com
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.
Source: Crypto Currency News
Link: Facebook’s Libra Cryptocurrency isn’t Actually Cryptocurrency