18-10-2019 15:42 via theguardian.com

How the wheels came off Facebook's Libra project

Support for Mark Zuckerberg’s mission to reshape global finance is slipping away slowly but surely When Facebook announced plans to launch a digital currency earlier this summer, it added a full-blown revolution in global finance to its typically vaulting Silicon Valley mission statement: to create a digital currency alongside its efforts to bring the world closer together through networks.Over the past month, that mission has gone badly awry. The Libra cryptocurrency project now faces exi
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