Prabir Purkayastha

Is Facebook’s money—Libra—funny money, or a threat to all currencies? Or is it just a giant scam to transfer people’s cash into Facebook? Facebook’s proposed currency, Libra—or as NPR put it, Facebucks—has created a storm. Libertarians see Libra, a variant of a cryptocurrency backed by Facebook’s big bucks and the bevy of companies that it …