Why Facebook’s Libra cryptocurrency is a big freaking deal

Earlier this week, Facebook dropped a bomb announcing the launch of their cryptocurrency, Libra.

So, what does this mean? It may be too early to say for sure, but what we do know is it’s a big freaking deal. Sure, cryptocurrency has fallen out of the spotlight since BitCoin and other currencies cooled off, but we’re yet to see what can happen when a major player with an established network gets involved.

We’ll be posting more about this in the coming weeks, but for now, check out our instant reaction to the news: