Facebook Launching Globalist Cryptocurrency Called Libra

Daily Stormer
June 15, 2019

You should totally trust these corporations, goyim.

They’re very (((dependable))).

The Verge:

Facebook has secured the backing of over a dozen companies for its upcoming Libra cryptocurrency set to be announced next week, The Wall Street Journal reports. These companies include major financial organizations like Visa and Mastercard, and internet darlings like PayPal, Uber, Stripe, and Booking.com. Each will invest around $10 million to fund development of the currency, and will become part of the Libra Association, an independent consortium that will govern the digital coin independently of Facebook.

Independent from Facebook, maybe, but not independent from Jews, I bet.

The involvement of major financial firms like Visa and Mastercard is interesting, because cryptocurrencies are typically seen as providing a cheaper alternative to these payment networks. The WSJ speculates that these companies want to get involved so they can monitor Facebook’s payment ambitions, as well as benefit from the popularity of the currency should it take off with Facebook’s 2.4 billion monthly active users.

For Facebook, establishing an independent body is thought to provide cover with users and regulators, who have grown increasingly wary of both the amount of power Facebook wields, and its cavalier attitude towards the responsibilities this brings.

As well as allowing users to send money over Facebook’s messaging products like WhatsApp and Messenger, Facebook hopes that its partnerships with e-commerce firms will allow users to spend the currency online. The company is reportedly also looking into developing ATM-like physical terminals for people to convert their money into Libra.

I wasn’t sure what to make of this when I first heard about it, but then it dawned on me that it has nothing to do with money per se, but with control.

This is basically meant to make people’s social media accounts more valuable, so they’re more likely to self-censor any wrongspeak.

Getting banned from Facebook today isn’t that big of a deal unless you’re trying to sell/promote something, but if your account had, say, a wallet with this cryptocurrency, and you had a few hundred dollars on it, getting banned is all of a sudden a little more serious.

I assume they will eventually find ways to just give you some of this stuff automatically just for using their site – for browsing, participating in contests and polls, maybe a small share of the ad money they make off you, and so on, and this will probably add up to reasonably important sums for people who use it a lot or for people from poor/relatively poor countries.

So that’ll make them even less likely to say evil things like “men don’t become women if they cut their dicks off” or “Jews are 2% of the US population but over a third of all billionaires” because they don’t want to lose their money.

It’s also a way, I think, to sabotage Bitcoin and other real(er) cryptocurrencies, which they can’t control and can therefore be used by evil Nazis like us to avoid being starved to death, which is basically what they’re trying to do to us.

So like with everything the kikes touch – it’s best to stay away, or if you can’t stay away completely, at least don’t become dependent on it in any way.

Because kikes care more about destroying us than they care about making shekels off of us.