Read more about Facebook's Libra coin could define the future of money more than Bitcoin on Business Standard. The future of money is in play and Silicon Valley technocrats have just made a compelling moveMuch of the commentary about Facebook’s proposed coin has focused on its defects as a – centralised governance, weak privacy protections – or as a payment processing system – low throughput, inability to handle multiple currencies. I think it’s more interesting to examine the process for creating rather than specific technical features.
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