APT 0.00% $66.47 afterpay limited

Facebook vs. Afterpay, page-8

  1. 814 Posts.
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    1) and how do you propose to do AML on pseudo anonymous wallet accounts in multiple countries under different jurisdictions? Where are these wallets held? Cold or Hot storage? What about the potential use of Libra mixers? Is Libra an asset backed by fiat like say tether? Looks like it...then it's just money reimagined and where are the assets that back Libra held? At a bank?. Whose gonna wanna share their liscence or passport with Facebook...a company with a track record of data abuse?

    2) Yes, I do...and I don't care for Facebook/instagram metrics really - you're the one concerned, so shouldn't you be privy to this? I don't even have a Facebook account.

    Facebook is trying to stay relevant and thinks issuing a shitcoin to compete with traditional financial institutions is the way; by trying to imitate but not innovate and that's even if they do BNPL.. By the time Facebook gets this ludicrous proposal up and running, other players are already well entrenched.
 
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