[germanlee]

And just to think, facebook banned all cryptocurrency ads last year.

https://www.cbsnews.com/news/facebook-announces-a-ban-on-cry...

Clever girl.

Considering that facebook has an active userbase nearing 2.5 billion people, libra could be the most widely used transactional currency in the world if it lives up to its potential.

One has to wonder how decentralized libra will be. I doubt facebook would introduce a currency without having direct control over it. After all, facebook and most social media companies are anti-dencentralization in their nature. And if they have control over the currency and obviously they have control over facebook accounts, then they could easily track users, currency and transaction.

Considering Facebook, Google, Apple, Microsoft, etc are now in the "social engineering", "political engineering" and societal manipulation game, maybe it's time for the lazy politicians to regulate tech. It's not simply a matter of privacy anymore, it's a matter of power and influence.

And once again, it seems like HN's talk of facebook demise was a bit premature. But then again, HN is wrong about pretty much everything it seems.