Unless Facebook can gain our trust, we’re not interested in its Bitcoin rival

%name Unless Facebook can gain our trust, we’re not interested in its Bitcoin rival by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

Facebook on Tuesday is widely expected to release a white paper that explains how its upcoming Bitcoin rival, tentatively called Libra, will work. Libra won’t actually be available for users until next year, at which point it will likely support a variety of online transactions — some of them over Facebook’s own apps.

However, if you’re a fan of crypto and want to use digital money instead of real money to pay for stuff, your best bet might be to avoid Libra (or whatever Facebook ends up calling it) like the plague.

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Unless Facebook can gain our trust, we’re not interested in its Bitcoin rival originally appeared on BGR.com on Mon, 17 Jun 2019 at 21:03:25 EDT. Please see our terms for use of feeds.

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