By CCN Markets: The original organizer of the #DeleteFacebook movement Jaron Lanier has offered the social media giant rare praise with regards to its cryptocurrency effort, Libra.
Speaking to CNBC the author of Ten Arguments for Deleting your Social Media Accounts Right Now said that Libra ‘could turn out to be a good thing’.
Why libra might be a good thing
According to the virtual reality pioneer and Microsoft scientist, this is because Libra will require a new business model. Instead of catering to advertisers, Facebook will treat Libra users as the ‘party they have to please’:
You know it could turn out to be a good thing. ‘Cause it’s the first time Facebook has said that ‘hey you know what we want to do in the future is make money by offering goods and services to our users instead of the third parties’. ‘Cause that’s always been the problem with Facebook…