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FintechNews RoundupUSA
·Jun. 26, 2019

Facebook Shares Ambitions for Digital Identity in Libra White Paper

Coindesk has dug into the Libra white paper which references how they might address digital identities: “An additional goal of...
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FintechNews RoundupUSA
·Jun. 24, 2019

David Marcus Leads Facebook into Financial Services

David Marcus is the leading force at Facebook who has helped to launch the Libra Project; Facebook’s blockchain lead says...
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big techmarketingpaytechphilosophy
·Jun. 24, 2019

Lessons from Uber’s JUMP bikes on evolution in capitalism, Facebook’s crypto money monopoly

Jump is an electric bike that is being distributed by Uber, and it just happened to be launching 350 of them in the London borough of Islington. You can rent a bike for 5 minutes at £1, and pay £0.12 per minute thereafter. That's generally cheaper than a taxi, on average more expensive than a public bike subscription. So why am I going on an on about these bikes? Two things come to mind as jumping off points for deeper discussion: (1) the incentives and tactics of economic organisms under capitalism to gather and retain attention, and (2) the monopoly powers of Uber and Facebook, leading to the impact of Libra's cryptocurrency on open competition, as well as the public responsibilities of supra national corporations.

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EuropeFintechNews RoundupUSA
·Jun. 21, 2019

Announcements & Releases for June 21, 2019

‘Another one?’ Bankers react to Facebook’s digital currency Next decade is set to be transformative for small business finance PwC...
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FintechNews RoundupUSA
·Jun. 19, 2019

How Facebook Quietly Built the Libra Project

Facebook’s march to launching their cryptocurrency started a few years ago with the hiring of David Marcus; even as the...
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FintechNews RoundupUSA
·Jun. 25, 2019

Libra has Potential to Upend Plans for Fintech Companies

There has been considerable buzz around Facebook’s Libra project and what it means for the monetary systems; fintech companies are...
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FintechNews RoundupUSA
·Jun. 24, 2019

Facebook Helps to Boost Bitcoin Back Above $10,000

Bitcoin was back above $10,000 for the first time in more than a year as the digital currency saw a...
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EuropeFintechNews Roundup
·Jun. 21, 2019

Bank of England Has an Open Mind on Facebook’s Libra Project

While regulators in the U.S. and around the world had mainly negative things to say about Facebook’s new Libra digital...
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FintechNews RoundupUSA
·Jun. 19, 2019

U.S. Regulators Want to Hear from Facebook Before Crypto Work Continues

There was a lot of fanfare and buzz surrounding Facebook’s Libra white paper but U.S. lawmakers were showing skepticism towards...
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FintechNews RoundupUSA
·Jun. 18, 2019

Facebook’s Libra Borrows from Other Cryptocurrencies

The long awaited white paper for Facebook’s crypto project is out and the details show the social media giant borrowed...
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