[noise] Noise in Libra!

[Nadim Kobeissi]

As someone who has very obvious views on Libra and Facebook, I'd like to be
the one to suggest that we all try to keep discussions related to this
topic purely technical on this mailing list.

I don't think anyone wins by turning any discussion here into something
about politics or society. This mailing list, and Noise in general, is best
served by keeping communications high in quality and technical substance
and low in, well, noise. So let's honor the technical work Trevor and
others have put into Noise and take our nontechnical discussions to more
appropriate forums (I have personally chosen Twitter but your choice may
differ.)

I know some won't be happy with my suggestion ("the technical is political"
and other such arguments) but I humbly hope you will consider my point of
view on this.

Thank you,

Nadim Kobeissi
Symbolic Software • https://symbolic.software
Sent from office


On Thu, Jun 20, 2019 at 9:05 AM Naveen Nathan <naveen at lastninja.net> wrote:

> This is getting a bit off-topic, but I'll just throw in my 2c.
>
> From what I read in the tea leaves, FB is basically making a PayPal
> with the same amount of regulation (none), and hyping the shit out
> of it by marketing it as a cryptocurrency (because it sells you
> arcade machine like tokens) without any underpinning blockchain.
>
> Technology wise, it looks like they're at least putting some thought
> into security, which is good.
>
> But more importantly, PayPal is stupidly expensive. Furthermore,
> with Facebooks arcade tokens, they might be able to undercut or
> compete with online remittance/forex services.
>
> So if you use PayPal for these kind of services, you might be better
> of with the Facebook equivalent.
>
> - N
>
> On Thu, Jun 20, 2019 at 06:06:26AM +0000, dawuud wrote:
> >
> > It's the very least they can do since Facebook is presumably going to
> > try and make lots of money off of Snow.
> >
> > But then again if their morals were intact maybe they wouldn't be
> > working for facebook in the first place? (and Facebook would decide
> > being morally bankrupt is worse than being monetarily bankrupt and
> > shut itself down)
> >
> >
> > On Thu, Jun 20, 2019 at 02:52:39PM +0900, Jake McGinty wrote:
> > > Cool to see Snow being used in the wild on this scale of a project!
> Thanks for sharing, David :).
> > >
> > > dawuud, I haven't been made aware of any formal audits of Snow. If
> Facebook sponsored a public formal audit of Snow, that would be awful nice.
> > >
> > > ~ jake
> > >
> > > On Thu, Jun 20, 2019, at 6:50 AM, dawuud wrote:
> > > >
> > > > Dear David Wong,
> > > >
> > > > Was Snow formally audited?
> > > > Is the audit report going to be published?
> > > > Was the Snow author informed?
> > > >
> > > > Cheers,
> > > > David
> > > >
> > > >
> > > > On Tue, Jun 18, 2019 at 07:39:26PM -0700, david wong wrote:
> > > > > Just want to point out that the cryptocurrency Facebook released
> today (Libra) makes use of Noise! (currently the snow imlementation.)
> > > > >
> > > > > Cheers!
> > > > > David
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