Crypto was meant to be decentralized, where the users could be their own banks and control their own privacy. Lately this aspirations are in danger as constantly centralized projects are planning to enter the crypto space with dubious intentions, and with the user data and privacy to be putted at danger!

It's sad to see that Facebook's Libra Digital project still alive and recruiting more associates. Shopify and Tagomi recently joined the association that backup the project and reinforce the desire of the project to be on market and compromise all Decentralized world of crypto.

It seems they reborn from the ashes and anytime they do that, I am more concerned with their real plans.

Facebook isn't a company to trust with your financial information, as several times they proved they negligence in securing people data with constant breaches compromising all privacy and environment surrounding them. That behavior costed the Mr. Zuckerberg billions of dollars in penalty and, is this one  wanting people from all over the world to trust them with their money!

US isn't comfortable with the project as see it as a big treat to the stability of global  finances and transforming it in a financial institution will also be compared with the China project of CBDC that together,  will secure billions of users using their services!

​Are you fan of Facebook Libra Digital Currency?! If yes why as we a fighting for a Dex world!

​Hope you have some great comments to energise this topic!

​Great weekend!

Republished Article Original found at Uptrennd Platform From My Authorship Here.

​​***free image from Pixabay with rights for commercial use here.