Why every Libra member’s mutiny hurts Fb

There’s a strategic price to the defection of Visa, Stripe, eBay, and extra from the Fb-led cryptocurrency Libra Affiliation. They’re no longer simply names shedding off an inventory. Each and every probably made Libra extra helpful, ubiquitous, or respected. Now they may develop into hindrances to the token’s release or g…
There’s a strategic cost to the defection of Visa, Stripe, eBay, and more from the Facebook-led cryptocurrency Libra Association. They’re not just names dropping off a list. Each potentially made Libra more useful, ubiquitous, or reputable. Now they could become obstacles to the token’s launch or g…

Original article
Original article
Author: Josh Constine

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Josh Constine has recently written 11 articles on similar topics including :
  1. "Despite ongoing public relations crises, Facebook kept growing in Q3 2019, demonstrating that media backlash does not necessarily equate to poor business performance". (October 30, 2019)
  2. "$28 million-funded crypto startup Tagomi will be the newest member of the Libra Association that governs the Facebook-backed Libra stablecoin, TechCrunch has learned. A formal announcement of Tagomi joining was slated for Friday or next week". (February 26, 2020)
  3. "Facebook plans to challenge Europe’s top court, which today ruled that EU countries can order Facebook to globally remove content that violates local laws". (October 4, 2019)
  4. "Facebook has diverted from its policy of not fact-checking politicians in order to prevent the spread of potentially harmful coronavirus misinformation from Brazilian President Jair Bolsonaro". (March 31, 2020)
  5. "Its suspiciously convenient that Facebook already fulfills most of the regulatory requirements its asking governments to lay on the rest of the tech industry". (February 17, 2020)
  6. "Shareholders have repeatedly tried to oust Facebooks chairman Mark Zuckerberg. The board has repeatedly rejected that demand. Outside investors are unlikely to get much help with that push from Facebooks newest board member: Dropbox co-founder and CEO Drew Houston". (February 3, 2020)
  7. "If their post has lots of Likes, you feel jealous. If your post doesn’t get enough Likes, you feel embarrassed. And when you just chase Likes, you distort your life seeking moments that score them, or censor it fearing you won’t look popular without them". (September 26, 2019)
  8. "Are those red notification dots on your Facebook home screen driving you crazy? Sick of Facebook Marketplace wasting your screen space? Now you can control what appears in the Facebook apps navigation bar thanks to a new option called Shortcut Bar Settings". (November 11, 2019)
  9. "Who fact-checks the fact-checkers? Did Trump call coronavirus the Democrats new hoax? Those are the big questions emerging from a controversial false label applied to Politico and NBC News stories by right-wing publisher The Daily Caller". (March 3, 2020)
  10. "Facebook is suffering from a massive bug in its News Feed spam filter, causing URLs to legitimate websites including Medium, Buzzfeed, and USA Today to be blocked from being shared as posts or comments". (March 18, 2020)
  11. "After eBay, Visa, Stripe and other high-profile partners ditched the Facebook -backed cryptocurrency collective, Libra scored a win today with the addition of Shopify". (February 21, 2020)
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