Shopify Joins Libra

I think that Facebook's Libra will be a game changer for the international payments space, and by extension entrench the Facebook platform in all or our lives. The first step though is to stop calling it Facebook's cryptocurrency. In reality, Facebook initiated the concept but when it comes to control of the new currency, they don't have any more say than other member companies.

For a while it looked like Libra was not going to see the light of day, with some of the founding members pulling out of the association. Good news out last week is that Shopify has now become a member. Shopify is an online company that makes it easy for small businesses to set up an online presence. The key to any business is payments, so having an extra and easy payment option like Libra, looks like a good play from Shopify.

You can read more here - Shopify joins Facebook's cryptocurrency Libra Association