How Facebook will save "his" Libra

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This is the mess: after PayPal, Mastercard, Visa, eBay and Stripe have announced to withdraw from the project Libra Facebook.

From the beginning, the central banks had risen against the idea of ​​a global encrypted currency structured and organized from Switzerland for Facebook. The politicians have taken over from the big names in the US to remind them of the regulatory risks and the consequences associated with this partnership.

The week was so complicated for Facebook,
recalls Wall Street
.

What you have to look at also comes from the very organization of the project. To avoid appearing as the conductor, while he is designated as responsible for a number of problems, the social network of Mark Zuckerberg had mitigated its presence by announcing that it would gather a hundred partners.

A hundredth of liability is on the other hand very weak for each major payment, who have already developed many short-term initiatives.

Especially since behind the Libra, the real treasure of war will remain in the hands of Facebook,
recalls Vidal Chriqui in Les Echos
.

As a result, Facebook has only one option: hurry to recruit this hundred partners. If seven of its 28 initial partners have left, more than 1,500 organizations have already expressed their interest and 180 are eligible for the selection criteria,
details Mathieux Chartier for Digital
.



Source link
https://paperjam.lu/article/comment-facebook-va-sauver-sa-

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