Facebook’s Libra Cryptocurrency Loses all but One Payment Company

 

Cryptocurrency is a fool’s game. It is not ready for primetime and is not an investment. No matter how many get into it, the infrastructure to support this new currency change is not yet under development.  Facebook jumped in with both feet and a big announcement that include a lot of prospective partners, including some who are highly regulated. Fast forward just four months, and the partnerships evaporated when they considered the level of risk these cryptocurrencies carry and found them to be far too high to continue their association.

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