Too Long; Didn't Read
Facebook announced recently that it would be launching its very own digital payment system. Despite efforts by Facebook to spread governance of it’s ‘Libra coin’ over several tech and finance companies, it essentially remains a private, centralized system. In order for any peer-to-peer digital cash to operate independently of government or corporate control, it must be proven to be fully decentralized above all else. Decentralization has become a hot topic in the past few years as competing blockchain projects criticize the perceived centralization of their opponents.