Facebook has found a place to park its $40bn+ cash reserves and everyone thinks its about crypto…

Well well well,

what have we got here? 🤔 Facebook just announced Libra or as NPR’s Planet Money calls it ‘Facebucks’. But what is this ‘cryptocurrency’ that the who-is-who of Silicon Valley unicorns 🦄 have signed up to support? Spoiler alert… it’s not a blockchain:

Original source
https://hackernoon.com/facebook-has-found-a-place-to-park-its-40bn-cash-reserves-and-everyone-thinks-its-about-crypto-247e7b9c27a5?source=rss----3a8144eabfe3---4

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