That makes some sense, making the primary target people who are sending money home and overseas. So as long as the goods/service providers accept Libra, without a fee, it has potential. I guess a Libra ATM would be the ideal way to get cash out.

At least pretend to read the article, folks

It seems like the idea is that people with bank accounts can fund their Libra account, then send the Libra to others. I’m still unclear on how the recipients can turn this money back into fiat currency.

“people without bank accounts”

Sounds like a solution in search of a list of buzzwords.

Assuming I have to sign up with a carrier, how am I supposed to buy heroin anonymously with this thing?

The phone itself isn’t doing any mining, so battery life should be untouched.

Cryptomining is processor intensive, how much battery does this waste?  Can it be turned off?

I played something similar in high school in 1999 with the stock market game. I asked my teacher how it’s accurate when our traded stock doesn’t affect the price. He just said play the game.

Do I have to?

Go to Coinmarketcap and search for the coin you want. Then click the markets tab for that coin and it will list all offering exchanges:

I’ve signed up for both Kraken and Bitstamp. I created a Bitstamp account on 12/21 and still haven’t gotten verified (although the site at least warns that the process takes a long time).

If you sign up for GDAX - the platform Coinbase is based on - it asks for SSN as well.
The benefit of signing up for GDAX is you have drastically lower trade fees and trades settle immediately.

I can’t help but laugh hysterically at the “blessing in disguise” post. Holy shit people will believe anything to make themselves feel better.