Tuesday, June 18, 2019

Facebook Reveals Cryptocurrency Libra as an Alternative to Bitcoin



Facebook Inc. formally announced plans to launch a cryptocurrency called Libra, promising a secure blockchain-based payment system backed by hard assets and designed for mainstream users.
WSJ


Libra, Libra, burning bright,
let's hope Facebook has been right
framing thy stability
on a stormy cyber sea.

In what distant banks and vaults
will they keep the smelling salts
if thy wings are clipped anon
and our dough becomes all gone.

And what fiscal cunning art
will keep hackers far apart
with their dreadful hand and feet
from an awful uber-cheat.

What the hammer and blockchain
that will forge it all in vain;
who will smile in furnace blast
if this money trend don't last?

Libra, Libra, are you sure
you are really so secure?
William Blake wrote poetry;
I'll invest in him, not thee.


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