Libra Zuckerberg’s Dangerous Cryptocurrency Lie

Facebook’s cryptocurrency Libra rides the decentralization bandwagon when in reality it might become the ultimate step towards wealth consolidation and information control of the global Facebook empire.

Facebook is going to launch its own cryptocurrency with the potential of turning the social network into the largest payment service in the world. Zuckerberg promises strong privacy protections and claims the new digital currency will be independent of the Facebook company. The new coin called Libra is planned to launch in early 2020, and to market it, Facebook is capitalizing on the growing popularity of blockchain cryptocurrencies.