Facebank and Libra
Big Red Car returned from babysitting duties for My Perfect Grand Daughter. We are learning how to boogie board, but don’t tell her mother.
While gone, Facebook announced the impending creation of Libra, an asset-backed cryptocurrency that will transform life as we know it.
I have taken to calling the entire entire enterprise — Facebook, the Libra Association, and Libra — Facebank.
Bit of cynicism on a Sunday — we can’t trust Facebook with our data, so let’s trust them with our money? OK, had to get that out of the way, let’s march on, shall we?