apple 's libra cryptocurrency could become another way for major technology companies to " significantly increase their influence over everyone ’s lives " while remaining accountable to nobody , warned Eric Posner of the University of Chicago Law School . He believes the vast customer bases of Facebook and Libra Association companies , such as Visa and Vodafone , are at risk of being lured into a network that derives enormous profits from them , but over which they have no control .
Facebook's libra cryptocurrency could become another way for major technology companies to "significantly increase their power over people’s lives" while remaining accountable to nobody, warned Eric Posner of the University of Chicago Law School. He said the vast customer bases of Facebook and Libra Association members, such as Visa and Vodafone, are at risk of being lured into a network that makes enormous profits from them, but over which they have no influence.