Zuckerberg’s new cryptocurrency is absolutely terrifying

Just when it seems Facebook can’t get more sinister, more Orwellian or more mercenary, it does — announcing its own branded global cryptocurrency. Does this strike anyone else as terrifying? A company that has operated with impunity, under zero federal regulations, whose CEO, Mark Zuckerberg, has been called — in a hapless act of political theater — to explain his shadowy practices before Congress, yet has never offered specific correctives to any of his outfit’s failings or overreaches or unintended consequences, makes its next big move this?-- More...