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by Zoo3y 2556 days ago
The missing information here is how much of this currency will belong to facebook, and to each constituent. No matter how many orgs are added to the coalition, if facebook owns 50% of the coin then it's all a sham.
2 comments
conanbatt 2556 days ago
Why? Its a convertible coin. It doesn't matter.
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nabla9 2556 days ago
Owning coins does not provide excessive value or control for the owners, because it's basically just money market fund attached to the payment system.

FB probably wants to tap into user payment records and that's why they push this.

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