Libra cryptocurrency: dare you trust Facebook with your money? | John Naughton

The social media giant’s foray into bitcoin territory – with some financial big hitters on board – should prompt suspicionWe’ve known for ages that somewhere in the bowels of Facebook people were beavering away designing a cryptocurrency. Various names were bandied about, including GlobalCoin and Facebook Coin. The latter led some people to conclude that it must be a joke. I mean to say, who would trust Facebook, of Cambridge Analytica fame, with their money?Now it turns