Carlo -
Yes, a very good article that outlines many of the increasing concerns of the impacts from this relative newcomer to the financial arena.
Many that I already voiced in [a previous comment on here] in late July of this year. (Bitcoin vs. Libra: What should you invest in ? | bestbrokers.co.uk - #2 by RickTheMac):
But let’s not forget that Facebook from inception until 2014 was primarily associated with social networking - underlined by their acquisitions of the likes of Instagram in Apr 2012 and WhatsApp in Feb 2014.
However, once you dig a little deeper it becomes readily apparent that the real strategy for the future of FB, from later in 2014 and onward, has been to capitalise on earnings growth through greater diversification - we have seen them buy out the immersive virtual reality experience provided by Oculus VR
https://www.oculus.com/?locale=en_GB
the UK drone company Ascenta,
ProtoGeo Oy from the fitness and health monitoring market,
Vidpresso a leader in interactive video streaming and conferencing
and the UK/Israeli team messaging app Redkix
So it should have been no great shock to those ‘in the know’ when Libra was announced, especially in light of rumours running around the industry in late 2018 early 2019..
But has this been a step too far and/or too soon for MZ?
Many seem to think so and are seemingly joining forces to