Facebook privacy breaches may only increase with Libra?

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Facebook privacy breaches have been bashed on the international forum for having used user data at its expense without the users’ consent in the past and the Libra project may not be an exception.

The Calibra project was thought to be a new phase in the making of Facebook’s image, but alas. A report from Forbes says otherwise about what Zuckerberg has in store for the general public.

Earlier this year, it was announced that the Federal Data Protection and Information Commissioner, Switzerland (FDPIC) would be responsible for all the privacy concerns, anyone has regarding Libra.

However, it seems that these new reforms from the social media giant are a mere visage to hide the data tapping policy that once again will be a violation of the user privacy statement.


The end-to-end encryption feature will be rendered useless on WhatsApp with data taps filtering everything and so will the role of FDPIC.

The Forbes report is highlighting Facebook’s new test as a ‘blacklist’ filter that will look for suspicious odd content. If anything of the sort is found, it will be sent to Facebook otherwise the locally scanning algorithm (on the user device) will be sent to the original recipient.

A similar case arises when skimming through Libra’s documentation. A backdoor exists there from Facebook to keep track of ‘suspicious activity’.

How bad would be Facebook Libra privacy?

Further interrogation into the matter reveals that Libra would potentially allow its creators to ban someone from using their service as David Marcus was asked by Wisconsin senator Sean Duffy.

But what if Libra isn’t released at all? The possibility of that happening is too, a reality. How Mark Zuckerberg’s admittance to the delay of the Libra project or it not even being launched is evident from his statement:

“In addition, market acceptance of such currency is subject to significant uncertainty. As such, there can be no assurance that Libra or our associated products and services will be made available in a timely manner, or at all.”

It appears Facebook does not understand that the users are learning to look past the statements for quite some time now and despite being the most used social platform Libra has largely been rejected by the users in both the United States and the United Kingdom.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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