Libra Shrugged
How Facebook Tried to Take Over the Money
by David Gerard · first published 2020
5mentions
2recommended by
5HN commenters
2020–2021first – last mentioned
40% recommend60% neutral
Affiliate links. As an Amazon Associate I earn from qualifying purchases.
They're just rebranding to annoy author David Gerard, who recently published a great book "Libra Shrugged" looking into Libra and Facebook's bad ideas: https://davidgerard.co.uk/blockchain/libra/
on “Diem – A rebrand of Facebook’s Libra” ↗For further reading on what exactly they were trying to do in the first place: Libra Shrugged by David Gerard https://davidgerard.co.uk/blockchain/libra/
on “Diem – A rebrand of Facebook’s Libra” ↗> Is there a reason this is tied to the blockchain? The only legitimate reason I can think of would be cynically drafting on the hype cycle. But I've been reading David Gerard's book Libra Shrugged [1] and it looks like the actual answer is that "blockchain" has a quasi-religious belief system built up around it, and the people involved are members of the faith. One of the stunning things for me…
on “Diem – A rebrand of Facebook’s Libra” ↗Some of us have maintained a strong anti-Bitcoin position at all times. [edit] David Gerard comes to mind - author of Attack of the 50 Foot Blockchain and Libra Shrugged - and HN user (dgerard I think) (https://davidgerard.co.uk/) More recently Amy Castor, also an HN user (amycastor) (https://amycastor.com/) And of course Bitfinex’d is back and public again on Twitter.…
on “Coinbase mafia shows how tight a circle holds sway over Bitcoin” ↗The Open Blockchains Book of the Year 2020 Award Goes To... Libra Shrugged: How Facebook Tried to Take Over the Money by David Gerard, November 2020, 182 Pages - Congrats! What's your book of the year?
on “Best of Crypto Books @ Open Blockchains” ↗