With cryptocurrency launch: Is Facebook becoming an independent nation?

With cryptocurrency launch, Facebook: an independent nation

Assistant Professor of Communications (Social Media) & Magazine, News and Digital Journalism, Syracuse University

Facebook has announced a plan to launch a new cryptocurrency named the Libra, adding another layer to its efforts to dominate global communications and business. Backed by huge finance and technology companies including Visa, Spotify, eBay, PayPal and Uber – plus a ready-made user base of 2 billion people around the world –

Facebook is positioned to pressure countries and central banks to cooperate with its reinvention of the global financial system.

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LOW RATES: Contact Cyril Bryan – cybryan@gmail.com

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