10 Crazy Truths About Facebook’s New Currency Announcement
Facebook announced a big plan Tuesday: it’s launching a cryptocurrency called Libra. The idea has been hinted at for some time, and it reportedly has its origins in a brainstorm on a beach in the Dominican Republic. Here’s Facebook’s summary in two sentences: “Libra is a global, digitally native, reserve-backed cryptocurrency built on the foundation of blockchain technology. People will be able to send, receive, spend, and secure their money,