Is Facebook’s Libra Really A Cryptocurrency? Maybe NotMichelle Jones
Facebook officially announced its Libra cryptocurrency earlier this week, and analysts are starting to weigh in on it. The social networking firm describes Libra as a "global currency and financial infrastructure," add that it will "reinvent money" and "transform the global economy." The release statement about Facebook's Libra is full of buzzwords and feel-good terms, but is it really a cryptocurrency? And will it really do everything the company claims it will do? Opinions vary widely.
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