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I set an alarm for 7AM EST to read Facebook's Libra blockchain announcement and woke up to various posts, tweets & takes around the world (the announcement was released at 5AM).
Instead of adding more words to the discussion, here's a roundup of takes that made me think :)
Instead of adding more words to the discussion, here's a roundup of takes that made me think :)
1/ Here libra.org/en-US/ is the official website for all things Libra, and it's where the white paper and technical papers will live.
And there is also Calibra.com, which is the user-facing site about the digital Facebook wallet.
And there is also Calibra.com, which is the user-facing site about the digital Facebook wallet.
2/ I always look to go primary source first, so here is Facebook's David Marcus (one of the main people on Libra, who previously ran Facebook's messaging app + before that, Paypal) announcing Libra
3/ Now for the high-level overview- @lawmaster from the Block gives a fact-based tweet-thread on the Libra + Calibra
4/ @coindesk also does a good high-level overview of the high level details of the latest project
coindesk.com/facebook-launc…
coindesk.com/facebook-launc…
5/ Facebook has assembled a coalition of Founding Members, which are coordinated by an independent, Swiss not-for-profit entity that, as of today, controls Libra. Calibra will remain a wholly owned subsidiary of Facebook. 
6/ Here is a post from one of the founding members of Libra: Bison Trials
@BisonTrails is will be an infrastructure provider for the Libra network and will be adding support for enterprises to easily deploy infrastructure into the Libra network.
medium.com/@BisonTrails/b…
@BisonTrails is will be an infrastructure provider for the Libra network and will be adding support for enterprises to easily deploy infrastructure into the Libra network.
medium.com/@BisonTrails/b…
7/ @fredwilson also wrote a blog about why USV joined Libra as a founding member.
"It is our hope that Libra will serve as a major on-ramp to cryptocurrencies and cryptoassets, to the benefit of the entire ecosystem."
avc.com/2019/06/why-us…
"It is our hope that Libra will serve as a major on-ramp to cryptocurrencies and cryptoassets, to the benefit of the entire ecosystem."
avc.com/2019/06/why-us…
8/ It's only been 2 hours since the white paper drop and @lopp already went through the 26 page technical with his thoughts (and criticism)
9/ @BinanceResearch drops a report on Libra here, too:
@cz_binance also asks, 'what are you doing with your organization'?
@cz_binance also asks, 'what are you doing with your organization'?
11/ Follow up from @krugermacro, who notes that the description of Libra in its white paper is 'likely a conscious attack on crypto to differentiate the Libra Currency.'
12/ Some have dismissed Libra off the bat as 'just another centralized currency', but here's also why people are excited about it
14/ @DoveyWan always comes in with her hot takes:
wholly agreed, and ^ is why people have likened the Calibra efforts as trying to build up the non-China version of WeChat,
wholly agreed, and ^ is why people have likened the Calibra efforts as trying to build up the non-China version of WeChat,
16/ I have no doubt that there will be more thoughtful takes as the day goes on. I know that @nlw will have us all covered with a massive compilation of the thoughts and analysis from today :)
17a/ Self-plug: @cheddar TV was nice enough to call in me & @prestonjbyrne to discuss the Libra announcement this morning.
📺 Watch here for our initial thoughts of Facebook's major announcement today:
📺 Watch here for our initial thoughts of Facebook's major announcement today:
