A lot of people are keeping close tabs on Facebook’s new digital currency project. Known as Libra, it will either change the world as people know it, or fail to make any meaningful impact. There are several reasons to not get too involved in this project right away, primarily because a lot of unanswered questions remain in place.
There is a very big difference between using Facebook for social media purposes and trusting the company’s digital currency project. Libra, while maybe appealing to some people, has a lot of things to prove. The main question is whether or not this will cause even more trust issues between Facebook and its users. The company does not have a good reputation in terms of keeping private information private, after all.