Calibra

Facebook's new cryptocurrency, Libra, explained

Facebook's new cryptocurrency, Libra, explained

This week Facebook finally took the wraps off Libra, its new cryptocurrency, that will allow users to buy things online, send money with minimal fees and eventually, interact with offline businesses. It’s a digital cryptocurrency, but unlike Bitcoin, it can’t be mined and will remain at relatively the same value β€” making it prime to be used as a currency in countries where banks aren’t common.

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