Noted economist Nouriel Roubini has said Facebook’s soon-to-be unveiled cryptocurrency is not really crypto or blockchain.
Concerns Over Facebook Data Use Derailed at Least 3 Crypto Partnerships
Philosophical disagreements with crypto experts have slowed the development of Facebook’s GlobalCoin, sources say.
Report: Uber, PayPal, Visa to Back Facebook’s GlobalCoin Cryptocurrency
Visa, Mastercard, PayPal and Uber are all backing Facebook’s new cryptocurrency, according to the Wall Street Journal.