E18: Facebook Disappoints with Libra Coin
from Financial Network Report Hosted by Suhail Ahmad
Dinsider Podcast is out of retirement thanks to the ridiculous Libra coin initiative by Facebook. Hardly a cryptocurrency using blockchain buzzwords in an attempt to bypass financial regulation. Appreciate the attempt by founder Mark Zuckerberg to take on the banks but hardly for benefit of the users but to entrench his hold on the billions of users on the FB platforms. What Mark has done is put a big target on his back with regulators and bankers now incentivised even more so to break FB grip on social media. I sold my FB shares this morning and won’t be buy anytime soon. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit financialnetwork.substack.com
Embed this episode
No transcript yet.