I still have a Facebook account, although I rarely use it. But I just finished watching this video by the peerless Tim Pool, about Facebook’s upcoming crypto-currency Facebook.
I got really angry at Milo and Laura Loomer on Parler earlier today, (crazily) ranting about how they just need to get over being banned by FAcebook, Twitter and Instagram. I still stand by that. Trump isn’t going to get them back on any of those social networks because he does not have the authority to do so.
Facebook’s planned cryptocurrency has gotten a chilly response from regulators, nonprofits and politicians all expressing concerns about the social network’s ambitious project. Even President Donald Trump bashed Libra, which was unveiled just a month ago, saying it will have ” little standing or dependability.”
As Tim says. MasterCard has already banned certain people guilty of wrongthink. What people like Milo and Laura really ought to worry about is being denied the ability to do banking and other financial transactions the rest of us take for granted. Facebook has already banned any and all mentions of people they don’t like, so of course the likes of Milo and Laura won’t be able to use their creepy cryptocurrency (which probably won’t even have basic security because even after all these years, it’s still amateur hour over there).
I know a lot of people like to use Facebook because all their friends and family are on it. Let them know that Facebook is very sketchy regarding security and privacy. There are alternatives out there – MeWe, Idka, etc. Use a password manager like LastPass or 1Password and stop using your Facebook account to sign into websites. I finally stopped doing that years ago when my original Spotify account was tied to my Facebook account, and I got banned for thirty days for being a heinous bitch. I had to use their special device sign on to use the account, of which I was paying for (oh, do not use Facebook to sign up for a Spotify account, because if you do that, you will not be able to separate the two).
In fact, it’s probably not a good idea to use Google or Twitter or any other majorly popular social network to sign into other sites if you don’t absolutely have to do so. If a hacker gets your Facebook password, he’ll have access to every site you use Facebook to sign on to.
As for Libra, if it becomes insanely popular, I can see certain sites deciding to accept payment only using Libra, and if you get banned by the babies at Libra or Facebook, you won’t be able to do business with them.
Being banned by the three most popular social networks is one thing. Annoying, unfair, unjust? Yeah, but not the end of the world, and in the case of Facebook, probably a good thing. Being banned by financial institutions is a billion times worse, and we’re getting ever closer to a world where such a thing is a very real possibility.