Facebook is launching its own cryptocurrency

Facebook’s Calibra wallet will use a brand new cryptocurrency, Libra. The cryptocurrency will be governed by the Libra Association – a purpose-built, independent non-profit headquartered in Geneva, Switzerland. As of today, the Libra Association has 28 co-founders, including MasterCard, PayPal, Visa, and of course, Facebook.

Eventually, Facebook said, it wants to offer more services for people and businesses, including the ability to easily pay bills, buy a cup of coffee with the scan of a code and use it to ride public transit without the need for cash or a physical pass.

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I don’t trust anything coming from Facebook


I’m going to have to give that 3 "bruh"s out of 842,343,683.293