Facebook has announced renaming its ongoing Libra Project to Diem. The company has also released a list of new executive members to join on- board.
PayPal will allow users to buy, hold, and sell cryptocurrency on their accounts. No service fees for trading. cryptocurrency through December 31, 2020. Working with Central Banks. PayPal announced the feature a year after pulling out of Facebook's Libra project.
Facebook [https://www.facebook.com] is one of the world's biggest social networking site and has millions of users. Earlier, this year Facebook introduced [https://libra.org/en-US/wp-content/uploads/sites/23/2019/06/IntroducingLibra_en_US.pdf] their own cryptocurrency "Libra [https://libra.org/en-US/]"
Facebook will allow ads that promote cryptocurrency and related content from pre-approved advertisers.
One of the most interesting questions in technology right now is about centralization vs decentralization. Many people now believe technology only centralizes power rather than decentralizes it. Cryptocurrency takes power from centralized systems and put it back into people's hands.
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