#libra #stablecoin #potentialforcatastrophe #potentialforgood Yesterday, an association of 28 companies, most notably Facebook, Mastercard, Visa, Uber, Lyft, eBay, Vodafone, Coinbase, and Kiva, released a whitepaper for a new cryptocurrency called Libra (oddly enough, that translates to pound in Spanish). The goal of this cryptocurrency, according to the whitepaper, is to facilitate payments between the billions of people that are unbanked in the world. While banking is not a new concept for most people in developed countries, in the rest of the world, it can be either too expensive...

How much does it cost to disrupt the most powerful democracy in the world? About $100,000 in Facebook ads: To reach larger US audiences, the IRA purchased advertisements from Facebook that promoted IRA groups on the newsfeeds of the US audience members. According to Facebook, the IRA purchased over 3500 advertisements, and the expenditures totaled approximately $100,000.Mueller Report Volume 1, page 25 The Internet Research Agency, LLC (IRA), only needed to contribute about $100K to Facebook's bottom line in order to disrupt the 2016 election. Though there were...