[morsmodr]

Until tech firms start taking responsibility of ensuring that their platforms are robust and cannot be misused, I am not convinced of Libra. Putting the blame on people using the technology is incredibly naive on their part, frankly because it is human nature to exploit something. They need to start operating from a position of 'how can this be misused' not from a position of 'let's make this cool thing and expect some ideal world out there to embrace it and then think about problems as they arise'.

And this is just 1 part of it, the other part is assurances that this data will not be used to further interests of all the validators. I am curious on what is the value proposition pitched by FB to attract validators, besides what is given on the public facing websites. The fact that you have government institutions is to have a body that is removed from profit making goals, and thinks about the society in the long term. Sure, there are corrupt politicians, but not all of them are. Europe seems to have the right mind with regards to tech firms. What is it that fb and other investors look to get out of this thing?