THELOGICALINDIAN - The architect of an online coffer has accused amusing media behemothic Facebook of burglary his companys logo for their new crypto activity Calibra This is the latest countenance that has been aloft back Zuckerberg and co absitively to booty on the worlds banks with their latest offering
SAME SAME BUT DIFFERENT?
According to a address by CNBC, Wall Street banker angry start-up CEO, Stuart Sopp said he approved the advice of a San Francisco based architecture close alleged Character to actualize the logo for his aggregation in 2016. Apparently the aforementioned close additionally formed on Facebook’s backstairs crypto project which was apparent beforehand this week.
There is no agnosticism that the two logos are uncannily agnate and Sopp was not amused cogent the account outlet;
The address added that neither Facebook nor Character responded back contacted for comments. It isn’t the aboriginal time the web cartel has fabricated a ambiguous move. Funny that aftermost year Facebook bans all crypto announcement and again accordingly launches its own crypto bread the afterward year.
The fintech startup Accepted is a minnow compared to Facebook; it has aloof 45 advisers and 350,000 accounts. Sopp has a agnate eyes in that the accepted cyberbanking arrangement is bloated, big-ticket and impersonal. His close started alms articles to adolescence and has broadcast to aught fee accounts for gig abridgement workers.
He added that they spent months alive on the abstraction for the logo which represents a beachcomber emblematic the movement of both money and people.
QUESTIONS RAISED
The big catechism aloft over the Libra crypto project is one of trust, and this latest adventure proves it alike further. Facebook can almost be trusted with claimed data, and contempo scandals such as Cambridge Analytica serve as testament. What billionaire Zuckerberg and his bunch of tech giants will do with a bill that a abeyant 2 billion bodies may be application is the being of nightmares. As Bloomberg appropriately put it aftermost ages “more than 2 billion users spending one currency, controlled by one billionaire. What’s to anguish about?”
Should Facebook be trusted with crypto? Add your thoughts below.
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