Thursday, March 28, 2024
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Reflecting on Facebook’s Hilarious, Well-Deserved Crypto Failure

The privacy questions were closely linked to legislators’ skepticism that the Libra project would be a “nonprofit” independent of Facebook’s control. Facebook’s hilariously inept attempt to make it seem like it wasn’t in control of Libra involved creating a “Libra Association” made up of companies including, for about 10 seconds,

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