Everand Logo

Welcome to Everand!

  • Los Angeles Times

    Facebook's new Libra could bring cryptocurrency to the masses

    by Sam Dean, Los Angeles Times Jun 18, 2019 3 minutes

    Facebook unveiled an ambitious plan to create a new "global currency" in the form of a cryptocurrency called Libra on Tuesday, in collaboration with a slew of top players from the realms of technology and finance, including Visa, Mastercard, Uber and Spotify.

    With billions of global users and tens of billions of dollars at its disposal, Facebook's entry into the esoteric realm of blockchain-powered payments could mark a major milestone in the technology's development, potentially ushering it from the early-adopter fringe into the mainstream.

    "We view Facebook's introduction

    You’re reading a preview, subscribe to read more.

    More from Los Angeles Times

    Los Angeles Times4 min readSocial History
    Jackie Calmes: Donald Trump's Terrible, Horrible, No Good, Very Bad Second Term
    Millions of us are justifiably focused on seeing that Donald Trump is held to account for what he's allegedly done in the past. Scheming to flip the legitimate 2020 election result and resisting the peaceful transfer of power, a first for U.S. presid
    Los Angeles Times3 min readAmerican Government
    Lawmakers Grill California Gov. Officials On Homelessness Spending After Audit Causes Bipartisan Frustration
    LOS ANGELES — Democrats and Republicans expressed frustration Monday as they grilled Gov. Gavin Newsom's top housing officials in a tense legislative hearing about how billions of state dollars have been spent on the worsening homelessness crisis. T
    Los Angeles Times4 min read
    Commentary: What A Quail Taught Me About Grief By Joining A Flock Of Turkeys
    It’s dusk in spring, and the seven-year anniversary of my mother’s death from cancer is approaching, a death that marked the end of my biological family. I want to text my friend Margot, who lost her dad to AIDS in the spring years ago, and ask, “How

    Related Books & Audiobooks