Final month, Fb introduced its plans to get into the cryptocurrency race with Libra. A mix of blockchain and partnership with 28 corporations, Libra has been pitched as a cash switch service and a singular forex rolled into one. However simply by advantage of being a Fb enterprise, Libra instantly garnered controversy. Some individuals assume it might assist carry your entire cryptocurrency trade into the mainstream, whereas others assume giving Fb entry to their monetary info seems like a dystopian nightmare. On this episode of Gadget Lab, WIRED author Gregory Barber explains the intricacies of Fb’s bold plan and the way Libra is poised to rattle the way forward for crypto.
This episode was recorded simply two hours earlier than President Trump tweeted harsh criticisms of Libra. So whereas we do not talk about that improvement on the present, our visitor Gregory Barber wrote a information story about it later Thursday night. You possibly can learn Greg’s earlier tales about Libra right here and right here. Additionally learn the WIRED information to the blockchain.
Arielle Pardes will be discovered at @pardesoteric. Greg Barber is @GregoryJBarber. Boone Ashworth, who edited the present, will be discovered at @booneashworth. Bling the principle hotline at @GadgetLab. Our theme tune is by Solar Keys.
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