Enter Facebook. The social network has been working on a not-so-secret plan, Project Libra, to build a blockchain of its own, which will come with its own currency—something that will likely be called Facebook Coin.
If this is what unfolds, it could finally solve the problem of micropayments by giving everyone something they can easily spend and ...
Was that journalism malpractice by saying "everyone," which would include me, even though I don't have a Facebook account?
Will non-Facebook users be able to use Facebook Coin? Unlikely.
Did the writer mean "everyone" who has a Facebook account, which is at least 70 percent of U.S. adults who have Internet access?
If this occurs, Facebook will find a way to track user purchases.
If Facebook Coin becomes a reality, then desperate media orgs will lose their souls again to the silo world.