(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.

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A Privacy-Focused Vision for Social Networking | Facebook (bullshit)

I threw up a little in my mouth while attempting to read this :: A Privacy-Focused Vision for Social Networking | Facebook

I couldn’t bother to finish it.

Problem is he or his platform is long past its due date when it comes to the trust label.

I don’t think it will ever come back.

My family and I have been enjoying https://www.marcopolo.me

I wish they would just charge for it, lock it all down and go big.

Apple says it’s banning Facebook’s research app that collects users’ personal information – Recode

I see this as a good start to body checking FB but I hope Apple goes further than this.

Mere mortals can do only one thing to escape FB, which is don’t use the service.

However large platforms like Apple and Google could work harder to keep fFB from abusing users on said platforms.

So much for Google being a good actor in any of this :: https://techcrunch.com/2019/01/30/googles-also-peddling-a-data-collector-through-apples-back-door/

I hope Apple takes this a step further.

In the meantime – apart from making bank, it must suck to work at FB these days.

Apple says it’s banning Facebook’s research app that collects users’ personal information – Recode