Uh-oh! Facebook's Libra just lost eBay, Visa, MasterCard, and others
It looks likeFacebook’s Libra cryptocurrencywill be dead on arrival. Visa, Mastercard, eBay, Stripe, and Mercado Pago have all announced they plan to leave the Libra Association, Facebook’s upcoming distributed, global cryptocurrency. This means Libra will have no major payment processor in the US. Keep in mind, just last week,PayPal withdrew. It therefore looks like the project has a lot more hurdles ahead, even beyond the criticisms it’s faced so far....