"Facebook’s Libra: Cryptocurrencies in the Mainstream or a Hacker’s Paradise?"
As Facebook's plans to introduce Libra, there are a few main questions. Does the introduction of cryptocurrency on Facebook signal cryptocurrencies entering the mainstream or will it be a hacker's paradise? Libra will allow people to buy things or send money instantly with nearly zero fees, and could be good for the reputation of cryptocurrencies. However it will still be important that Libra is totally secure, to protect it from hackers. Monetizing accounts and attention is going to lead to a spike in fraud, which could further reduce consumer trust in Facebooks platform.
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