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Bitcoin Evangelist Andreas Antonopoulos Says Facebook’s Libra Isn’t a Real Blockchain

P. H. Madore

By CCN Markets: Bitcoin educator and promotor Andreas M. Antonopoulos published a new video today in which he pointed out that Facebook’s Libra project doesn’t amount to a “real” blockchain.

The professional speaker has spoken at length in the past about the oppressive nature of KYC and “blacklisting” bitcoins.

Facebook’s Coin Is Just Another Token

Fungibility is an issue at the heart of cryptocurrency – if some coins are good, but others are “bad,” then the system might not be sustainable long-term. Efforts have been deployed to “dust” the entire Bitcoin blockchain so that every wallet would necessarily hold “bad” coinage. The goal is to make it such that the whole network must be accepted, or none of it can be.

Nevertheless, governments have banned specific Bitcoin addresses from use. Which raises the question: what does a world of crypto and government look like? How much friendly interaction can the two have?

Read the full story on CCN.com.