Allegedly Facebook have built a $5b war chest to pay fines for deliberately misusing personal data to build their information database. Now they are moving to crypto whereby you transfer money to your contacts via facebook platforms. It makes perfect business sense. The issue is - do you trust them?
Facebook is launching a subsidiary company also called Calibra that handles its crypto dealings and protects users’ privacy by never mingling your Libra payments with your Facebook data so it can’t be used for ad targeting. Your real identity won’t be tied to your publicly visible transactions