Libra is being hyped as “Facebook’s bitcoin,” but it’s really a proposal for a global payments system controlled by a small and exclusive club of private firms. Politicians and regulators have attacked Libra, citing concerns about it being a cryptocurrency… But it’s essentially a prepaid digital token, “minted” when people put up state-issued currencies to buy it.
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How the biggest buzzword on Wall Street will shape our future
Time Magazine is giving the metaverse a cover story in its latest issue. Daniel breaks down the massive amount...
