Libra/Diem - Zuckerberg's Failed Dystopian Cryptocurrency - The Hated One
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Date: 2022-03-20
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Comments and reviews: 10
kasa
Thing is, I really love idea of Blockchain currency or any decentralised solution. But government being able to collect taxes is just as important, you might not like where some of the money goes, but it's overall it's net positive. This ofc doesn't apply in every country, but it's failure of government not taxes.
But open record is both good and bad thing, it would mean great transparency for companies and governments, but at the same time companies would just openly know all your buying habits and where you buy. Basically it would potentially eliminate tax evasion and all kind of shady stuff.
Libra on other hand is totally bad thing, it would mean top tech companies and otherwise have access to all your buying habits, but without any transparency going other way.
Honestly I think best option would be that all banks go non-profit and will only handle transactions, holding, lending money and ofc investigating possible fraud and stuff. This way transparency would be increased, incentive for corruption decreased and privacy would be preserved. It also wouldn't cost obscene amount of processing power to calculate Blockchain. After all, money is just medium of exchange, I don't think it's right to profit from such an such basic thing.
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Thing is, I really love idea of Blockchain currency or any decentralised solution. But government being able to collect taxes is just as important, you might not like where some of the money goes, but it's overall it's net positive. This ofc doesn't apply in every country, but it's failure of government not taxes.
But open record is both good and bad thing, it would mean great transparency for companies and governments, but at the same time companies would just openly know all your buying habits and where you buy. Basically it would potentially eliminate tax evasion and all kind of shady stuff.
Libra on other hand is totally bad thing, it would mean top tech companies and otherwise have access to all your buying habits, but without any transparency going other way.
Honestly I think best option would be that all banks go non-profit and will only handle transactions, holding, lending money and ofc investigating possible fraud and stuff. This way transparency would be increased, incentive for corruption decreased and privacy would be preserved. It also wouldn't cost obscene amount of processing power to calculate Blockchain. After all, money is just medium of exchange, I don't think it's right to profit from such an such basic thing.
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Siminthesky
they only changed the way of control. on a plasmic level thry observe EVERYONE AND EVERYTHING. its E. T. tech they received for xchange of end the dark times. of course the sick and rich will invest first and have the most rights and will be part of the secret controlgroup. why do tou think trump opened pandoras box slowly by making public the secret space mil boys and what about their weaponry and interests on other planets and moons! soon politics and tax will not exsist anymore. money will be xchangecurrency in credits not any weird new coin or online currency.
it will cgange very very soon
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they only changed the way of control. on a plasmic level thry observe EVERYONE AND EVERYTHING. its E. T. tech they received for xchange of end the dark times. of course the sick and rich will invest first and have the most rights and will be part of the secret controlgroup. why do tou think trump opened pandoras box slowly by making public the secret space mil boys and what about their weaponry and interests on other planets and moons! soon politics and tax will not exsist anymore. money will be xchangecurrency in credits not any weird new coin or online currency.
it will cgange very very soon
reply
oleaca
One of your friends on facebook reported that you are a white supremacist, nationalist, trump supporting racist bigot, islamophobe, homophobe transphobe antisemite so we will ban you and block all your libra. We believe in freedom of expression and ideas just not those ideas that would make some people unconfortable!
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One of your friends on facebook reported that you are a white supremacist, nationalist, trump supporting racist bigot, islamophobe, homophobe transphobe antisemite so we will ban you and block all your libra. We believe in freedom of expression and ideas just not those ideas that would make some people unconfortable!
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TUHAN
Mark Zuckerberg is a thief for the first time he made Facebook. He wanted acknowledgement from Harvard for hacking the university's server even he stole idea from two brothers about making The Facebook. You can watch film -The Social Network- about Mark Zuckerberg.
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Mark Zuckerberg is a thief for the first time he made Facebook. He wanted acknowledgement from Harvard for hacking the university's server even he stole idea from two brothers about making The Facebook. You can watch film -The Social Network- about Mark Zuckerberg.
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kongtxu
Bet the government paid zuckerberg millions to launch this so it can destroy crypto and the government can get total control over everyone-s money cause they-re scared where crypto currency can take us.
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Bet the government paid zuckerberg millions to launch this so it can destroy crypto and the government can get total control over everyone-s money cause they-re scared where crypto currency can take us.
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Aaron
Remember when businesses spent tens of thousands of dollars gaining followers to see their posts and then FB suddenly quit showing their posts to followers without the businesses paying for the views.
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Remember when businesses spent tens of thousands of dollars gaining followers to see their posts and then FB suddenly quit showing their posts to followers without the businesses paying for the views.
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Bryan
I'm just glad an american is leading the way rather than wait for another country which we do not share core values of the free world would take control. Yes. I'm talking about you communist china!
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I'm just glad an american is leading the way rather than wait for another country which we do not share core values of the free world would take control. Yes. I'm talking about you communist china!
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Stefano
LOOLLLLLLL cryptocurrency from facebook this would be the biggest joke in the entire history of human kind. You can only trust on Zuckberg one thing he will not be trust worthy at all
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LOOLLLLLLL cryptocurrency from facebook this would be the biggest joke in the entire history of human kind. You can only trust on Zuckberg one thing he will not be trust worthy at all
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Master
I will not trust any words from Zuckerburgs mouth, nor trust Facebook in any way. How is it that Mr Zuckerburg lied to US congress without ending up in prison? You try that.
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I will not trust any words from Zuckerburgs mouth, nor trust Facebook in any way. How is it that Mr Zuckerburg lied to US congress without ending up in prison? You try that.
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Lucas
Is there anything that people blacklisted as they did with the wannacry dudes can do to still spent their currencies? like mixing or personal trading (but smarter solution)
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Is there anything that people blacklisted as they did with the wannacry dudes can do to still spent their currencies? like mixing or personal trading (but smarter solution)
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