Facebook’s LIBRA Highlights Inequalities For Innovators In The New Digital Economy
Last week, Facebook announced ‘Libra Coin’, a coin managed by a private consortium that they have pitched to the world as a cryptocurrency (or something that somewhat resembles one). Facebook has heralded Libra as a panacea for value exchange, but there are a huge amount of hurdles that Facebook and its Libra consortium affiliates will have to surmount before and if Libra ever actually materializes this promise.