Stop Calling Facebook’s Libra Coin a Cryptocurrency

Stop Calling Facebook’s Libra Coin a Cryptocurrency

Facebook’s Libra is not a cryptocurrency and doesn’t run on a blockchain–It’s a glorified PayPal. Yet, it may be the best thing for crypto. By Stefan Stankovic for Bitrates. Finally! Here it is — the unveiling of the most overhyped digital currency in the cryptosphere and beyond: Facebook’s Libra coin.