UK data watchdog raises privacy concerns over Facebook digital currency Libra

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The UK's data watchdog expresses concerns over Facebook's new digital currency

Auto-play videos and endless scrolling could be made illegal under ban of addictive technology proposal

She said:"Facebook's involvement is particularly significant, as there is the potential to combine Facebook's vast reserves of personal information with financial information and cryptocurrency, amplifying privacy concerns about the network's design and data sharing arrangements. "However, given the rapid plans for Libra and Calibra, we are concerned that there is little detail available about the information handling practices that will be in place to secure and protect personal information.

 

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€9£(0000)

jumping on the Bitcoin bandwagon. Stuff Facebook !

The best facebook is the least facebook

I take it no one from Facebook has watched The Great Hack? 🙄🤔

They may end up with fake bit coins just like fakebook friends. We may get ripped off by criminals walking the along Facebook corridors.

Has this assessment come from that clown Carney?

Really ?!?!?! They are worried about a weirdo billionaire who has spent a decade harvesting the planets personal information, and arbitrarily using it as he sees fit, just inventing his own currency? What could possibly go wrong?!!?

They've invented a new form of MONEY now? Not alarming at all, smfh

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