What Actually Is The Facebook Libra Blockchain by scottcbusiness

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blockchain · @scottcbusiness · (edited)
$10.38
What Actually Is The Facebook Libra Blockchain
<center><a href='https://d.tube/#!/v/scottcbusiness/2ho5plu3lkl'><img src='https://i.ytimg.com/vi/-i06dJW4dXo/maxresdefault.jpg'></a></center><hr>

Let's talk about Facebook's new cryptocurrency Libra and what it really is versus what they're marketing is as. I previously wrote an article titled "Taking A Look At Facebook’s New Blockchain Called Libra" and I wanted to do a video version of that and address a few extra things so I basically share the same information just in a video format for this as well as a couple of updates.

You can find that article here: https://www.minds.com/scottcbusiness/blog/taking-a-look-at-facebook-s-new-blockchain-called-libra-988634141476786176

My biggest concern is yes they will have 1 billion backing it, but what if they inflate it after they gain interest or just find a way to do it artificially based on the perceived value of the coin.

https://www.youtube.com/watch?v=-i06dJW4dXo

Let me know what you think about Libra and what this means for blockchain in the comments below.

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vote details (98)
@ganjafarmer · 
Fuck fakebook crap....  Steem on!

Posted using [Partiko Android](https://partiko.app/referral/ganjafarmer)
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@scottcbusiness · 
Lol if you listen, I say not to invest in it ;)
👍  
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@ganjafarmer · 
Double plus good!  Yeah I'm totally down for not investing in fakebook.  Let them try to catch up... Bet there is all sorts of dumb little ideas they use to bilk people or demonetisation scams... 

Love it!  Steem on!

Posted using [Partiko Android](https://partiko.app/referral/ganjafarmer)
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@blueraised · 
Un-private, un-open, un-decentralized, un-fair, un-believable...   : (
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@scottcbusiness · 
Well said, agreed lol
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@steem-plus ·
SteemPlus upvote
Hi, @scottcbusiness!

You just got a **11.92%** upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
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@steem-ua · 
#### Hi @scottcbusiness!

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Your **UA** account score is currently 4.674 which ranks you at **#1619** across all Steem accounts.
Your rank has improved 8 places in the last three days (old rank 1627).

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@partiko · 
Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
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@steemitboard · 
Congratulations @scottcbusiness! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://steemitimages.com/60x70/http://steemitboard.com/@scottcbusiness/commented.png?201906280118"></td><td>You got more than 1250 replies. Your next target is to reach 1500 replies.</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@scottcbusiness) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=scottcbusiness)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
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