Facebook’s Libra Cryptocurrency: How It Stacks Up to Bitcoin and PayPal

Facebook’s new payment system is a lot closer to traditional web-commerce systems than you might think

The social-media giant’s new payment system is a lot closer to traditional web-commerce systems than you might think

In an original WSJ documentary, markets reporter Steven Russolillo ventures to Japan and Hong Kong to explore the universe of cryptocurrencies. His mission: create WSJCoin, a virtual token for the newspaper industry. Image: Crystal Tai. Video: Clément BürgeFacebook Inc. last week unveiled plans to launch Libra, a payment system it describes as a new “global currency.

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