Economist Bashes Libra, Mocks Facebook Crypto as ‘Fake Money’

In a new article called “Facebook’s Fake Money,” economist Thorsten Polleit bashes Facebook’s foray into cryptocurrency through its Libra token. Facebook Libra Isn’t Sound Money Far from alone in his criticism of Facebook’s fintech ambitions, Polleit bases his doubts on an entirely different set of metrics than do legislators and regulators. Pointing out that consumers […]

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Source: Bitcoin CNN