Libra Shrugged PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Libra Shrugged PDF full book. Access full book title Libra Shrugged by David Gerard. Download full books in PDF and EPUB format.
Author: David Gerard
Publisher: David Gerard
ISBN:
Category : Computers
Languages : en
Pages : 182
Get Book Here
Book Description
Silicon Valley tries to disrupt the world — and the world says “no.” Facebook: the biggest social network in history. A stupendous, world-shaping success. But governments were giving Facebook trouble over personal data abuses, election rigging and fake news. Mark Zuckerberg wondered: what if Facebook could pivot to finance? Or, better: what if Facebook started its own private world currency? Facebook could have so much power that governments couldn’t stop them. It would be the Silicon Valley dream. Facebook launched Libra in June 2019. Libra would be an international currency and payment system. It would flow instantly around the world by phone. It could even “bank the unbanked.” Libra could apparently do all this just by using a “blockchain.” But Libra would also make Facebook too big to control— and to lead the way for Facebook’s Silicon Valley fellows to swing the power of their money as they pleased. Facebook and their friends could work around any single country’s rules. Libra could shake whole economies. And Facebook would become the “digital identity” provider to the world. If you wanted to use money at all, you’d have to go through Facebook. Governments looked at Libra — and they saw another 2008 financial crisis in the making. Facebook’s plan would have made the company even more entrenched — at the cost of broken economies worldwide. Starting with toppling the US dollar. Libra was as incompetent as it was arrogant — and the world stopped it in its tracks. But how did Facebook put forward such a bizarre and ill-considered plan, that left every regulator who saw it reeling in horror? And what happens when another company tries the same trick? Or when Facebook won’t take “no” for an answer, and releases the cut-down version that they’re already calling “Libra 2.0”? “Libra Shrugged” is the story of a bad idea. Also covered: * Bitcoin and cryptocurrency: the source of all the bad ideas in Libra. * Central Bank Digital Currencies: digital versions of official legal tender, suddenly fashionable again because of Libra. * Facebook’s early forays into payments, with Facebook Credits and Messenger Payments. Table of Contents Introduction: Taking over the money 7 Chapter 1: A user’s guide to Libra 9 Chapter 2: The genesis of Libra: Beller’s blockchain 15 Chapter 3: To launch a Libra: Let’s start a crypto 19 Chapter 4: Bitcoin: why Libra is like this 25 Chapter 5: The Libra White Papers 33 Chapter 6: Banking the unbanked 43 Chapter 7: The Libra Reserve plan and economic stability 49 Chapter 8: Libra, privacy and your digital identity 61 Chapter 9: The regulators recoil in horror 67 Chapter 10: David Marcus before the US House and Senate 77 Chapter 11: July to September 2019: Libra runs the gauntlet 95 Chapter 12: October 2019: Libra’s bad month 101 Chapter 13: Mark Zuckerberg before the US House 111 Chapter 14: November 2019: The comedown 123 Chapter 15: Central bank digital currencies 129 Epilogue: Libra 2.0: not dead yet 141 Appendix: 2010–2013: The rise and fall of Facebook Credits 149 Acknowledgements 155 About the author 157 Index 161 Notes 167
Author: David Gerard
Publisher: David Gerard
ISBN:
Category : Computers
Languages : en
Pages : 182
Get Book Here
Book Description
Silicon Valley tries to disrupt the world — and the world says “no.” Facebook: the biggest social network in history. A stupendous, world-shaping success. But governments were giving Facebook trouble over personal data abuses, election rigging and fake news. Mark Zuckerberg wondered: what if Facebook could pivot to finance? Or, better: what if Facebook started its own private world currency? Facebook could have so much power that governments couldn’t stop them. It would be the Silicon Valley dream. Facebook launched Libra in June 2019. Libra would be an international currency and payment system. It would flow instantly around the world by phone. It could even “bank the unbanked.” Libra could apparently do all this just by using a “blockchain.” But Libra would also make Facebook too big to control— and to lead the way for Facebook’s Silicon Valley fellows to swing the power of their money as they pleased. Facebook and their friends could work around any single country’s rules. Libra could shake whole economies. And Facebook would become the “digital identity” provider to the world. If you wanted to use money at all, you’d have to go through Facebook. Governments looked at Libra — and they saw another 2008 financial crisis in the making. Facebook’s plan would have made the company even more entrenched — at the cost of broken economies worldwide. Starting with toppling the US dollar. Libra was as incompetent as it was arrogant — and the world stopped it in its tracks. But how did Facebook put forward such a bizarre and ill-considered plan, that left every regulator who saw it reeling in horror? And what happens when another company tries the same trick? Or when Facebook won’t take “no” for an answer, and releases the cut-down version that they’re already calling “Libra 2.0”? “Libra Shrugged” is the story of a bad idea. Also covered: * Bitcoin and cryptocurrency: the source of all the bad ideas in Libra. * Central Bank Digital Currencies: digital versions of official legal tender, suddenly fashionable again because of Libra. * Facebook’s early forays into payments, with Facebook Credits and Messenger Payments. Table of Contents Introduction: Taking over the money 7 Chapter 1: A user’s guide to Libra 9 Chapter 2: The genesis of Libra: Beller’s blockchain 15 Chapter 3: To launch a Libra: Let’s start a crypto 19 Chapter 4: Bitcoin: why Libra is like this 25 Chapter 5: The Libra White Papers 33 Chapter 6: Banking the unbanked 43 Chapter 7: The Libra Reserve plan and economic stability 49 Chapter 8: Libra, privacy and your digital identity 61 Chapter 9: The regulators recoil in horror 67 Chapter 10: David Marcus before the US House and Senate 77 Chapter 11: July to September 2019: Libra runs the gauntlet 95 Chapter 12: October 2019: Libra’s bad month 101 Chapter 13: Mark Zuckerberg before the US House 111 Chapter 14: November 2019: The comedown 123 Chapter 15: Central bank digital currencies 129 Epilogue: Libra 2.0: not dead yet 141 Appendix: 2010–2013: The rise and fall of Facebook Credits 149 Acknowledgements 155 About the author 157 Index 161 Notes 167
Author: David Gerard
Publisher: David Gerard
ISBN:
Category : Business & Economics
Languages : en
Pages : 222
Get Book Here
Book Description
An experimental new Internet-based form of money is created that anyone can generate at home; people build frightening firetrap computers full of video cards, putting out so much heat that one operator is hospitalised with heatstroke and brain damage. A young physics student starts a revolutionary new marketplace immune to State coercion; he ends up ordering hits on people because they might threaten his great experiment, and is jailed for life without parole. Fully automated contractual systems are proposed to make business and the law work better; the contracts people actually write are unregulated penny stock offerings whose fine print literally states that you are buying nothing of any value. The biggest crowdfunding in history attracts $150 million on the promise that it will embody “the steadfast iron will of unstoppable code”; upon release it is immediately hacked, and $50 million is stolen. How did we get here? David Gerard covers the origins and history of Bitcoin to the present day, the other cryptocurrencies it spawned including Ethereum, the ICO craze and the 2017 crypto bubble, and the attempts to apply blockchains and smart contracts to business. Plus a case study on blockchains in the music industry. Bitcoin and blockchains are not a technology story, but a psychology story. Remember: if it sounds too good to be true, it almost certainly is. “A sober riposte to all the upbeat forecasts about cryptocurrency” — New York Review of Books “A very convincing takedown of the whole phenomenon” — BBC News
Author: Eleanor Kirk
Publisher:
ISBN:
Category : Astrology
Languages : en
Pages : 288
Get Book Here
Book Description
Author: Jasmine Kristensen
Publisher: PublishAmerica
ISBN: 1681762978
Category : Fiction
Languages : en
Pages : 222
Get Book Here
Book Description
Sin City: Home to both criminals and luxury seekers. 12 creatures are the cities protectors known as zodiacs. With Caspian, an ex-crime lord dead, after years of peace a mystery murderer appears. Killing prostitutes and low-level gangsters, even that wasn't enough to quench his bloodlust. He wants the zodiacs’ power. Brothers Beelzebub and Mephisto try to find this killer but when work and Aquarius' unwanted affections merge missions become difficult. Attractions crash, bonds become lose and Beelzebub is stuck with a decision: Succumbing to Aquarius’ lust and betraying his brother or falling into the murderer’s hands in protecting the city.
Author: Jarrod D. King
Publisher: Jarrod D. King
ISBN: 0998118753
Category : Art
Languages : en
Pages : 223
Get Book Here
Book Description
Libra, disillusioned from his days as a police officer, has become the Auctorat — a masked vigilante set on bringing his city back to its glory days. With a corrupt government running the show, he comes across an informational book that could lead to enough power to reclaim the city from its leader, Talon. But, it isn’t the only book, and if Talon finds them all first, he could gain control of a fearsome dragon and do greater damage to the country at large. Libra forms a team to aid in his quest to stop Talon and regain control of the city. But, when his mother’s life is suddenly on the line, he’s forced to serve up exactly what Talon wants. Set six years before the events of Pangaea: Unsettled Land, this is a magical tale of one man’s stand against the powers that be and a testament to the strength of teamwork. Can he save the city or will a threat from inside his own group cause it to fall?
Author: Steven Levy
Publisher: Penguin
ISBN: 073521316X
Category : Business & Economics
Languages : en
Pages : 592
Get Book Here
Book Description
One of the Best Technology Books of 2020—Financial Times “Levy’s all-access Facebook reflects the reputational swan dive of its subject. . . . The result is evenhanded and devastating.”—San Francisco Chronicle “[Levy’s] evenhanded conclusions are still damning.”—Reason “[He] doesn’t shy from asking the tough questions.”—The Washington Post “Reminds you the HBO show Silicon Valley did not have to reach far for its satire.”—NPR.org The definitive history, packed with untold stories, of one of America’s most controversial and powerful companies: Facebook As a college sophomore, Mark Zuckerberg created a simple website to serve as a campus social network. Today, Facebook is nearly unrecognizable from its first, modest iteration. In light of recent controversies surrounding election-influencing “fake news” accounts, the handling of its users’ personal data, and growing discontent with the actions of its founder and CEO—who has enormous power over what the world sees and says—never has a company been more central to the national conversation. Millions of words have been written about Facebook, but no one has told the complete story, documenting its ascendancy and missteps. There is no denying the power and omnipresence of Facebook in American daily life, or the imperative of this book to document the unchecked power and shocking techniques of the company, from growing at all costs to outmaneuvering its biggest rivals to acquire WhatsApp and Instagram, to developing a platform so addictive even some of its own are now beginning to realize its dangers. Based on hundreds of interviews from inside and outside Facebook, Levy’s sweeping narrative of incredible entrepreneurial success and failure digs deep into the whole story of the company that has changed the world and reaped the consequences.
Author: Ashley Potter
Publisher: Writers Republic LLC
ISBN: 1646200039
Category : Fiction
Languages : en
Pages : 352
Get Book Here
Book Description
An orphan unwanted by her father, left by her mother, and was an only child. Bravery and strength is all she knows. She strips herself from emotion, time and time again, so nobody can hurt her. But the angels know that she is only dooming her destiny into place. A war is raging, invisible to the citizens of Acym. They cannot see the war--that will be up for Zenaida to decide. She alone will choose whether humanity deserves to live or perish beneath her hidden fire. But the veil is lifting, and time is running out. Her powers are growing stronger. She must choose which side of herself to be.
Author: Rachel O'Dwyer
Publisher: Verso Books
ISBN: 1839768355
Category : Political Science
Languages : en
Pages : 371
Get Book Here
Book Description
**Longlisted for the Financial Times Business Book of the Year** --- Platform capitalism is coming for the money in your pocket Wherever you look, money is being re- placed by tokens. Digital platforms are issuing new kinds of money-like things: phone credit, shares, gift vouchers, game tokens, customer data-the list goes on. But what does it mean when online platforms become the new banks? What new types of control and discrimination emerge when money is tied to specific apps or actions, politics or identities? Tokens opens up this new and expanding world. Exploring the history of extra- monetary economies, Rachel O'Dwyer shows that private and grassroots tokens have always haunted the real economy. But as the large tech platforms issue new money-like instruments, tokens are suddenly everywhere. Amazon's Turk workers are getting paid in gift cards. Online streamers trade in wishlists. Foreign remittances are sent via phone credit. Bitcoin, gift cards, NFTs, customer data, and game tokens are the new money in an evolving economy. It is a development challenging the balance of power between online empires and the state. Tokens may offer a flexible even subversive route to compensation. But for the platforms them- selves they can be a means of amassing frightening new powers. An essential read for anyone concerned with digital money, inequality, and the future of the economy.
Author: Roslyn Hardy Holcomb
Publisher: Roslyn Hardy Holcomb
ISBN:
Category : Fiction
Languages : en
Pages : 205
Get Book Here
Book Description
Sometimes the best family is the one you make for yourself. Libra wanted Saul from the moment they first met and he didn’t hesitate to let her know the feeling was mutual. After a shocking discovery, scars from her tragic past compelled her to push him away. Then came the Christmas she would never forget—the night he announced his engagement…to her sister. The wedding is fast approaching and torn between guilt and regret Libra is determined to keep her secrets and support her sister. Confused and hurt by Libra’s rejection Saul decided to finally yield to family pressure and get married. It didn’t hurt that his fiancée’s ambitions meshed perfectly with his own. Though his intended bride is an excellent business partner, sweet Libra still has his heart. When the wedding day finally arrives both are caught up in a whirlwind not of their making and in the end the question remains; which sister will be his bride?
Author: Eleanor Catton
Publisher: Little, Brown
ISBN: 0316126950
Category : Fiction
Languages : en
Pages : 860
Get Book Here
Book Description
The winner of the Man Booker Prize, this "expertly written, perfectly constructed" bestseller (The Guardian) is now a Starz miniseries. It is 1866, and Walter Moody has come to stake his claim in New Zealand's booming gold rush. On the stormy night of his arrival, he stumbles across a tense gathering of 12 local men who have met in secret to discuss a series of unexplained events: a wealthy man has vanished, a prostitute has tried to end her life, and an enormous cache of gold has been discovered in the home of a luckless drunk. Moody is soon drawn into a network of fates and fortunes that is as complex and exquisitely ornate as the night sky. Richly evoking a mid-nineteenth-century world of shipping, banking, and gold rush boom and bust, The Luminaries is at once a fiendishly clever ghost story, a gripping page-turner, and a thrilling novelistic achievement. It richly confirms that Eleanor Catton is one of the brightest stars in the international literary firmament.
