80: Libra lessons from WeChat and QQ
Update: 2019-07-03
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On June 18, Facebook announced the Libra cryptocurrency, a solution to their P2P payments conundrum. As to be expected, this move has gotten a lot of attention. In China, that attention has taken the form of comparing Libra to Tencent's breakthrough Q Coin as well as how WeChat has integrated payments.
Key questions:
- What is Q Coin?
- What's the difference between a virtual currency and a cryptocurrency?
- What is the relationship between Libra, Calibra, and Facebook?
- Will China ever have something like this?
Links
- Everything you need to know about Libra, Facebook’s ambitious cryptocurrency
- Can Facebook’s Libra replicate WeChat Pay’s digital payment dominance?
- Facebook, Libra, and the Long Game
- FACEBOOK’S CALIBRA IS A SECRET WEAPON FOR MONETIZING ITS NEW CRYPTOCURRENCY
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