(LINK) Libra Cryptocurrency: Facebook set to bet high on Libra crypto

Libra Cryptocurrency: Facebook set to bet high on Libra crypto:

Blockchain enthusiasts are also questioning whether Libra truly hews to the spirit of decentralized technology represented by crypto currencies worldwide. Facebook’s plan to comply with common regulatory requirements mandated by central banks like information about the user and usage of government backed securities, is in order to drive initial adoption of the cryptocurrency and the wallet according to Ramani Ramachandran, cofounder and CEO of ZPX, a Singapore-based blockchain startup.

“This is the opposite of true crypto. It is completely KYC-driven, regulated by local laws and influenced by anyone who wants to pay up to $10 million and be a validator node,” he said.

Nice quote from Ram of ZPX.

Blockstack Files With SEC to Raise $50 Million in Reg-A+ Crypto Token Sale – CoinDesk

I think one of the big things coming is the decentralized internet – think all the stuff apps do today but distributed and with ways to pay as they are used. With the payments going to the devs and the layers they can add on top.

Here is one of them – which is doing an SEC approved token sale:

Blockstack Files With SEC to Raise $50 Million in Reg-A+ Crypto Token Sale – CoinDesk

Another one to track in this space is https://www.wireline.io