Should Facebook have its own currency?

Stuff They Don't Want You To Know

iHeartPodcasts

Society & Culture

4.3 • 10.7K Ratings

🗓️ 14 August 2019

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

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Summary

Love it or hate it, Facebook is one of the world's most popular social media platforms. Over a relatively short span of time, the company has exploded into numerous areas of human interaction (and created no small amount of controversy along the way). In May of 2009, Facebook experimented with a virtual currency concept called Facebook Credits. It didn't last long, but there may be a new scheme on the horizon. Join the guys as they explore the fact, fiction and conspiracy surrounding the Facebook Libra, the proposed virtual currency that -- according to critics -- could allow this social media platform to function like a central bank.

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Transcript

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0:00.0	Hi, I'm David Eagleman. I have a new podcast called Inner Cosmos on I Heart. I'm going to explore
0:06.8	the relationship between our brains and our experiences by tackling unusual questions. Like,
0:13.6	can we create new senses for humans? So join me weekly to uncover how your brain
0:20.9	steers your behavior, your perception, and your reality. Listen to Inner Cosmos with David Eagleman.
0:27.4	On the I Heart Radio app, Apple Podcasts or wherever you get your podcasts.
0:33.6	Between April 1971 and September 1972, six young black girls were snatched off the streets in
0:40.0	Washington, D.C. This child was laying on the side of the road. The person said, I murdered your
0:46.3	daughter. The killer believed that he may have been seen. I will admit the others when you catch me
0:52.2	if you can. Sign freeway fandom. Listen to Freeway fandom on the I Heart Radio app, Apple Podcasts
0:59.9	or wherever you get your podcasts. On Queen Charlotte, the official podcast, we're stepping behind
1:06.6	the scenes and the drawing boards of this team to experience the life breathes into the Bridgerton
1:12.7	prequel. Listen to the Leap's executive producer and series director Tom Verica took to capture
1:18.4	the feeling that puts that lump in your throat and you've got to catch creator Shonda Rhymes.
1:23.9	She's dropping gems, diamonds, and mics. You can listen to Queen Charlotte, the official podcast
1:30.0	every Thursday on the I Heart Radio app, Apple Podcasts or anywhere you listen to your favorite shows.
1:36.9	From UFOs to psychic powers and government conspiracies, history is riddled with unexplained events.
1:43.6	You can turn back now or learn the stuff they don't want you to know. A production of I Heart
1:50.1	Radio's How Stuff Works. Hello, welcome back to the show. My name is Matt. My name is No.
2:04.6	They call me Ben. We are joined as always with our super producer Paul Mission Control
2:09.2	second. Most importantly, you are you. You are here. That makes this stuff. They don't want you to
2:16.2	know. Shout out to some of the big names listening. Joining our fellow listeners today, Mark Zuckerberg.
2:23.3	Thanks for dropping by. Jeff Bezos. Hope things go well for you with Amazon Prime Day. I guess that's
	...

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