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.
nothing bad can stay
I like Mike Isaac’s newsletter.
Some god points about social and the move to impermanence – which is gonna be a problem for twitter if the movement takes hold.
Leaving this here for later.
It’s getting pretty ridiculous what FB is this days.
I use it less and less. Only use the mobile web version on my phone. No apps apart from messenger and don’t even login to any of it on my laptop.
Life is better.
15 Months of Fresh Hell Inside Facebook | WIRED
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.
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
This is amazing. Between this and the FaceTime debacle – it is sometimes hard to side with Tim and Apple. I want to.
But they need to body check FB in a big way.
Daring Fireball: TechCrunch: Facebook Pays Teenagers to Install VPN That Spies on Them