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RE: Curating the Internet: Science and technology micro-summaries for July 30, 2019
I was curious about Libra when I heard about it...but that was until I read about it. Libra, to me, is almost literally everything I don't want out of the blockchain/cryptocurrency revolution. And Facebook being the irresponsible and far over-reaching company they are, I'll likely take no part in it.
Now, we need some legitimate blockchain-based social networking projects to get people away from that corporate monstrosity.
I don't particularly like the KYC aspect, but that's becoming unavoidable. It's just the nature of regulators, I guess. I was also disappointed that it is planned to launch as a permissioned block chain. But if they eventually switch to permissionless - as documented, I'll give it a second look.
It's also quite a coincidence that their logo is fairly similar to a sideways copy of the Steem logo.