Libra Unstablecoin: The Fleet-Of-Foot Chronicles
Interesting movement in Facebook, Inc.'s (Nasdaq: FB) highly unstablecoin (cryptocurrency-refer-to-us-as-a-country-dammit) effort monikered Libra. And, in which, the social-manipulation leviathan's so-called 'Libra Association' - physically based in Geneva, Switzerland - suffered wholesale defections by four (plus two) payment processors in a single day. To wit: Visa, Stripe, Mastercard, Mercado Pago and the plus two PayPal and eBay. All of whom, invoked the drop-and-roll, not wasting any time getting the-hell-out of the line-of-fire, so to speak.
"The timing is not a coincidence. The Libra Association is scheduled to hold its first official meeting on Monday. At that meeting, members will be asked to make binding commitments to the project. So for members who weren't prepared to commit to the project, Friday was a good day to get out." - via Timothy B. Lee, writing at the well-beloved Ars Technica