Would you trust Facebook with your money? What Libra cryptocurrency means for users

Libra

Screenshots of the app provided by Facebook show balances both in the Libra currency and converted to U.S. dollars. Facebook said the value of Libra will be pegged to a basket of established currencies such as the U.S. dollar, the euro and the yen.

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More articles about Libra

Libra

More on Facebook's Libra: CEO Daily

1 year ago by Fortune

Good morning. There are so many more things to say about Facebook's announcement of Libra, its planned cryptocurrency, yesterday. The company is clearly playing a multidimensional chess game, with business, political and public relations implications in ...

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More on Facebook's Libra: CEO Daily
Libra

The difference between bitcoin and Facebook's Libra

1 year ago by CNBC

The cryptocurrency industry cannot get enough of Libra, touting its ability to gain mainstream adoption which bitcoin strived to do for years. “Libra is potentially one of the most positive external tailwinds in Bitcoin in its 10-year history,” said Spencer Bogart, ...

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The difference between bitcoin and Facebook's Libra
Libra

US lawmaker wants Facebook to halt its Libra cryptocurrency project

1 year ago by CNET

Maxine Waters, who chairs the House Financial Services Committee, on Tuesday called on Facebook to pause its development of a new digital coin called Libra, citing the company's seemingly endless list of scandals. The company is working with 27 ...

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US lawmaker wants Facebook to halt its Libra cryptocurrency project
Libra

Facebook Unveils Cryptocurrency Despite Privacy Concerns

1 year ago by TIME

As it continues to explore new business models that may work in a world focused on privacy rather than broadly sharing data online, Facebook on Tuesday revealed plans for its own global digital currency, Libra, which aims to allow users to make purchases ...

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Facebook Unveils Cryptocurrency Despite Privacy Concerns
Libra

Rep. Maxine Waters asks Facebook to pause work on cryptocurrency Libra

1 year ago by CNBC

Facebook and a consortium of partners on Tuesday unveiled Libra, its much-awaited blockchain project that the company has been working on over the past year. Libra is an open-source digital currency that people will be able to use to transfer money to ...

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Rep. Maxine Waters asks Facebook to pause work on cryptocurrency Libra
Libra

The real risk of Facebook's Libra coin is crooked developers

1 year ago by TechCrunch

Today Facebook announced Libra, its forthcoming stablecoin designed to let you shop and send money overseas with almost zero transaction fees. Immediately, critics started harping about the dangers of centralizing control of tomorrow's money in the hands ...

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The real risk of Facebook's Libra coin is crooked developers
Libra

The problem with Facebook calling its crypto “Libra”

1 year ago by Quartz

On Tuesday, Facebook announced Libra, its new global cryptocurrency, that the company says could increase financial inclusion for millions of people across the world. The digital unit, expected to launch in early 2020, is already attracting significant doubt ...

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The problem with Facebook calling its crypto “Libra”
Libra

Facebook's cryptocurrency has a trust problem

1 year ago by The Verge

This morning, Facebook announced an ambitious new cryptocurrency called Libra, to be managed by an association of tech and finance companies including Facebook alongside more conventional banking companies like Visa and Mastercard. It's a hugely ...

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Facebook's cryptocurrency has a trust problem
Libra

3 key things to know about Facebook's Libra cryptocurrency project

1 year ago by CNN

Facebook (FB) and other companies will build applications for people to use Libra. For example, Facebook's digital wallet app will plug into Whatsapp and Messenger, allowing users to send the digital currency through their message threads the same way ...

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3 key things to know about Facebook's Libra cryptocurrency project
Libra

What is Libra? What you need to know about the Facebook-backed currency

1 year ago by Pocket-lint.com

Facebook is set to get involved in payments; Libra is a new cryptocurrency that will roll out in 2020. You'll be able to pay people easily via a standalone app or via WhatsApp or Messenger. But Libra isn't entirely a Facebook effort as you'll hear and it isn't ...

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What is Libra? What you need to know about the Facebook-backed currency
Libra

Facebook's Project Libra: 5 Things to Know About the New Cryptocurrency

1 year ago by Fortune

After months of speculation, Facebook finally announced details about its new cryptocurrency on Tuesday morning. The digital currency, called Libra, will be available starting next year to the billions of people who use Facebook services like Messenger, ...

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Facebook's Project Libra: 5 Things to Know About the New Cryptocurrency
Libra

Alphaville's Libra cheat sheet

1 year ago by Financial Times

2) The Libra association will include any entity that operates a validator node and holds sufficient stakein Libra. At the offset all founder members have contributed $10m to be part of the network. Founder members include Visa, Mastercard, Spotify, PayPal, ...

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Alphaville's Libra cheat sheet
Libra

Facebook presenta la nueva criptomoneda Libra

1 year ago by teleSUR TV

Libra fue presentada como una moneda global para ser utilizada sin importar si se tiene o no una cuenta bancaria. "La idea es hacer tan sencillo como sea posible las transacciones financieras para todas las personas del mundo, vivan donde vivan y tengan ...

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Facebook presenta la nueva criptomoneda Libra
Libra

What consumers need to know about Libra, Facebook's new cryptocurrency

1 year ago by CNBC

The social media behemoth announced on Tuesday it's creating a cryptocurrency called Libra to debut in 2020. The currency, built on blockchain, the technology underlying other cryptocurrencies like Bitcoin, was developed in part to ease money transfers ...

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What consumers need to know about Libra, Facebook's new cryptocurrency
Libra

Facebook Unveils Cryptocurrency Libra in Bid to Reshape Finance

1 year ago by Wall Street Journal

Facebook said Libra would be available by 2020 on its Messenger and WhatsApp services and as a stand-alone app. In a blog post early Tuesday morning, the company said one of the Libra network's early goals would be to provide basic financial services ...

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Facebook Unveils Cryptocurrency Libra in Bid to Reshape Finance
Libra

Meet Facebook's New Cryptocurrency, Libra

1 year ago by Slate Magazine

Facebook on Tuesday released the details for a new cryptocurrency called Libra, which people will be able to use to send each other funds or purchase products. The company hopes to launch Libra in 2020 and will work with 27 corporate partners, including ...

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Meet Facebook's New Cryptocurrency, Libra
Libra

Here's the tech behind Facebook's Libra cryptocurrency

1 year ago by CNBC

How the currency is funded: The group stresses that its Libra currency is different because it's backed a reserve of real assets, including short-term securities from central banks. The assets will be distributed on “custodian” infrastructure located around the ...

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Here's the tech behind Facebook's Libra cryptocurrency
Libra

How Facebook's Libra Will Turbo-Charge Its Ad Empire

1 year ago by Fortune

Facebook has revealed the details of its Project Libra crypto coin, an ambitious plan to bring digital currency like Bitcoin to billions of people worldwide. The plan will be carried out with dozens of partners, including Uber and MasterCard, and could remake the ...

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How Facebook's Libra Will Turbo-Charge Its Ad Empire
Libra

Facebook aims to shake up finance with its Libra cryptocurrency

1 year ago by CNET

The social network and its partners on Tuesday unveiled a digital coin called Libra, confirming details of a project that had been leaking out in dribs and drabs for months. Libra, which will be managed by a governing body and be backed by stable financial ...

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Facebook aims to shake up finance with its Libra cryptocurrency
Libra

How Libra, Facebook's Cryptocurrency, Would Work for You

1 year ago by The New York Times

Facebook and a consortium of 27 partners on Tuesday unveiled Libra, a new cryptocurrency. Their goal? To create a new global money and the foundation for a fresh universe of financial services. That's a grandiose vision, but what exactly will happen and ...

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How Libra, Facebook's Cryptocurrency, Would Work for You
Libra

Daily Crunch: Facebook unveils Libra cryptocurrency

1 year ago by TechCrunch

The company won't fully control Libra, but instead get just a single vote in its governance like other founding members of the Libra Association, including Visa, Uber and Andreessen Horowitz, which have invested at least $10 million each into the project's ...

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Daily Crunch: Facebook unveils Libra cryptocurrency
Libra

How Facebook's Libra is similar in concept and motivation to Kik's Kin cryptocurrency

1 year ago by TechCrunch

Facebook unveiled its Libra cryptocurrency initiative today, which is part of an alternative financial system (including new subsidiary and wallet Calibra) it aims to build alongside industry and academic partners including Mastercard, PayPal, Visa, Uber, ...

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How Facebook's Libra is similar in concept and motivation to Kik's Kin cryptocurrency
Libra

Facebook Unveils Libra Cryptocurrency, Sets Launch For 2020

1 year ago by NPR

Facebook is branching into cryptocurrency, unveiling a new blockchain-based currency called Libra that could challenge bitcoin. Libra will be controlled by a nonprofit group in which Facebook will share responsibilities with companies ranging from ...

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Facebook Unveils Libra Cryptocurrency, Sets Launch For 2020
Libra

Everything you need to know about Facebook's Libra cryptocurrency

1 year ago by CNET

Facebook has finally taken the wraps off its worst-kept secret: Libra. After months of leaks, it's formally out in the open and we can take a closer look at the ambitious project. As you might expect from the people in Menlo Park, California, it's pretty smart.

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Everything you need to know about Facebook's Libra cryptocurrency
Libra

Facebook is joining the crypto game. It's launching a Bitcoin-like currency called Libra

1 year ago by USA TODAY

SAN FRANCISCO — Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too. The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin ...

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Facebook is joining the crypto game. It's launching a Bitcoin-like currency called Libra
Libra

Hard to Read Facebook's Libra Fortune

1 year ago by Wall Street Journal

On Tuesday, Facebook released long-awaited details behind its global cryptocurrency project, Libra. But while many analysts see the launch of the cryptocurrency as a potential game-changer not just for Facebook but for financial services as we know them, ...

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Hard to Read Facebook's Libra Fortune
Libra

Facebook anuncia su ambiciosa criptomoneda Libra

1 year ago by Reuters Latino América

SAN FRANCISCO/NUEVA YORK (Reuters) - Facebook reveló el martes sus planes para lanzar una criptomoneda llamada Libra, el último paso en su esfuerzo por expandirse más allá de las redes sociales y entrar en el comercio por internet y las ...

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Facebook anuncia su ambiciosa criptomoneda Libra
Libra

Facebook presentó su criptomoneda Libra

1 year ago by Infobae.com

Facebook y varios socios divulgaron un prototipo de Libra como un código abierto utilizable por desarrolladores interesados en incluirlo en aplicaciones, servicios y negocios antes de su lanzamiento como moneda digital el año que viene. En total son 28 las ...

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Facebook presentó su criptomoneda Libra
Libra

Facebook launches Libra, its own cryptocurrency

1 year ago by Washington Post

That currency — known as Libra — will be kept in a digital wallet that will be available in Messenger and WhatsApp, as well as a stand-alone app, developers say. With 2.4 billion users around the world, Facebook's goal is to bring cryptocurrency into the ...

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Facebook launches Libra, its own cryptocurrency
Libra

How Libra Would Work for You

1 year ago by The New York Times

Facebook and a consortium of 27 partners on Tuesday unveiled Libra, a new cryptocurrency. Their goal? To create a new global money and the foundation for a fresh universe of financial services. That's a grandiose vision, but what exactly will happen and ...

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How Libra Would Work for You
Libra

Behold Libra, the global cryptocurrency masterminded by Facebook

1 year ago by Quartz

Facebook has finally revealed plans for a cryptocurrency called Libra, one of the worst-kept secrets in the history of virtual money. After six months of news leaks, the massive social network and 27 other partners are touting the Libra digital coin and ...

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Behold Libra, the global cryptocurrency masterminded by Facebook
Libra

Facebook announces Libra cryptocurrency: All you need to know

1 year ago by TechCrunch

Facebook has finally revealed the details of its cryptocurrency, Libra, which will let you buy things or send money to people with nearly zero fees. You'll pseudonymously buy or cash out your Libra online or at local exchange points like grocery stores, and ...

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Facebook announces Libra cryptocurrency: All you need to know
Libra

The Ambitious Plan Behind Facebook's Cryptocurrency, Libra

1 year ago by WIRED

The result is Libra, a new crypto coin and payment infrastructure. Its aspirations are set out in a white paper released Tuesday. Mission: “a simple global currency and infrastructure that empowers billions of people.” It begins with a new cryptocurrency ...

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The Ambitious Plan Behind Facebook's Cryptocurrency, Libra
Libra

Facebook Announces Project Libra, Its Wildly Ambitious Plan to Bring Cryptocurrency to the Masses

1 year ago by Fortune

Facebook revealed its long-awaited cryptocurrency plans Tuesday, announcing “Project Libra,” a new type of digital money designed for the billions of people using its apps and social network. If the plan is successful, users will soon be able to shop with and ...

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Facebook Announces Project Libra, Its Wildly Ambitious Plan to Bring Cryptocurrency to the Masses
Libra

Cómo es Libra, la criptomoneda de Facebook (y qué ...

1 year ago by BBC Mundo

Se llama Libra, estará administrada de forma independiente y respaldada por activos reales, y pagar con ella será "tan fácil como enviar mensajes de texto", dijo la red social. Según Facebook, que lanzó el proyecto este martes, a partir del próximo año los ...

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Cómo es Libra, la criptomoneda de Facebook (y qué ...
Libra

Cómo funciona Libra y por qué ha creado Facebook su propia ...

1 year ago by Gizmodo en Español

Facebook ha puesto fin a los rumores anunciando un gran ecosistema en torno a una nueva moneda virtual: Libra, la esperada criptodivisa de Mark Zuckerberg. A diferencia del Bitcoin, Libra promete una volatilidad baja gracias a una reserva de activos ...

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Cómo funciona Libra y por qué ha creado Facebook su propia ...
Libra

Facebook lanza 'Libra', su propia criptomoneda

1 year ago by El Heraldo (Colombia)

Una organización epónima sin fines de lucro con sede en Ginebra, supervisará la tecnología blockchain de Libra para mantener la estabilidad de la moneda. Esa organización está integrada, entre otras, por emisoras de tarjetas bancarias como Mastercard y ...

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Facebook lanza 'Libra', su propia criptomoneda
Libra

Facebook lanza su criptomoneda Libra para usar en WhatsApp y ...

1 year ago by EL DEBER

Facebook y otras 27 organizaciones anunciaron hoy formalmente la creación de una nueva criptomoneda, Libra, que podrá usarse tanto para transacciones entre particulares como para compras en establecimientos, y estará integrada en WhatsApp y ...

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Facebook lanza su criptomoneda Libra para usar en WhatsApp y ...