Facebook announcing their Cryptocurrency Libra this week. They’re thinking about using it to pay their employees. Don’t know to how to feel about companies making their own currency to pay employees.
Libra, like bra?
Yep. Getting paid in bras is the future
Well, everyone will just hold it hoping it will grow. So basically working for free. They should have called it ZuckerBra
4D chess level shit. Imagine instead of stocks employees are paid in libras. Zuckerberg gets to hold majority voting rights.
I’m sure no one cares as long as it’s liquid, for example stocks are pretty much fully liquid as far as an individual employee is concerned
You need long term liquidity.. And you need asset valuation to be tied in with some base asset like fb stock which is valued based on company performance and fundamentals... otherwise this is non sense...
Agree with luna. Needs to be tied to sth otherwise it can devalued at anytime.
^^^ Trooollloolololololololo ^^^
We have a term for these things where I work SHITCOIN
WTF happened to GlobalCoin?
That’s their internal name. I think Libra is their trademarked name.
Then it’s wrong f-ing zodiac time to do this isht. It’s a doggone Cancer