A Facebook cryptocurrency? HA!

TechLinked ·TechLinked ·2020-05-05 · 1,273 words · ~6 min read
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0:00 look you wanted the tech news didn't you
0:03 well here it is oh why are you so mad
0:07 i'm always mad facebook probably isn't the first company you trust with
0:11 managing your finances but they've gone ahead and launched their very own
0:14 cryptocurrency called libra which i i
0:17 guess they're hoping this project will help them balance the scales so to speak
0:22 okay that metaphor actually kind of makes sense because unlike bitcoin or
0:25 ethereum libra will be tied to a number of traditional stable currencies that
0:30 could protect it from wild swings in value but do we really want facebook
0:35 controlling our money well thankfully the company knows you don't really trust
0:39 them so they won't actually control libra facebook is just one of the 28
0:43 members in the libra association which also includes more trustworthy people
0:46 like mastercard paypal visa and ebay customers can use libra through
0:50 facebook's calibra crypto wallet platform which
0:54 will be available worldwide except for regions that aren't very friendly to
0:57 crypto like india which is facebook's biggest market whoops another hurdle
1:02 that facebook will have to face is scrutiny from the u.s government
1:05 lawmakers have called for the company to halt development of libra until they can
1:09 take a closer look at it and the senate banking committee has already announced
1:13 a hearing on july 16th to question facebook about its plans senate hearings
1:18 or no i think i'll stay away
1:21 myself libras and lee leos do not mix well i'm a libra actually
1:27 he's a leo apparently yeah that's scorpio
1:31 nobody likes scorpios imessage on apple devices is a
1:34 feature-rich encrypted modern text messaging extravaganza
1:39 but while google has been trying and trying to get cell carriers to implement
1:44 rich communication services or rcs as a replacement for regular old sms text
1:48 messages on say Android devices carriers have been dragging their feet because
1:53 there's no real monetary incentive to upgrade their infrastructure and google
1:57 has had it up to here with that nonsense the tech giant will be launching its own
2:01 rcs messaging service later this month yes with an initial rollout in france in
2:06 the uk crap many questions still remain about
2:10 whether google rcs will feature end-to-end encryption or multi-platform
2:13 support but hopefully google taking things into their own mighty hands will
2:18 light a fire under the carriers to roll out rcs on their own and you know make
2:22 life a little better for their customers imagine that because that's what cell
2:26 carriers are known for isn't it yeah
2:30 my mouth is closed i'm saying it and sound the alarm vape nation is under
2:36 attack san francisco may become the first u.s
2:39 city to outlaw e-cigarettes good-bye
2:43 city supervisors voted unanimously because they're old people yesterday on
2:47 a bill that would ban the manufacturing distribution and sale of e-cigarettes on
2:51 city property the legislation is part of an effort to reduce e-cigarette usage
2:55 among high schoolers which the cdc says could be as high as 20
2:59 it's also particularly interesting because joule the most popular company
3:03 in the industry is headquartered in san francisco and would have to move their
3:07 operations if this ban goes into effect that's amazing it will reportedly take
3:11 at least seven months for any legislation to be enacted but in the
3:15 meantime stay strong vape niche i would tell you to consider quitting but you're
3:18 an adult uh unless you're one of those high schoolers i was talking about before
3:22 then yeah make smart choices for future you say no to popcorn
3:27 now it's time for quaker bakes brought to you by private internet access pia
3:32 supports a variety of vpn protocols and types of encryption allowing you to dial
3:36 in the exact level of privacy protection that you need they've got apps for
3:39 Windows macOS Android iOS Linux and google chrome with support for several
3:43 other platforms coming imminently you can connect up to five devices at the
3:47 same time and other features include dns and ipv6 leak protection and an internet
3:52 kill switch to block all traffic if the vpn becomes disconnected unexpectedly
3:57 which won't happen because that's pi8 god dammit check it out today
4:01 at the link below on to the quaker bakes
4:05 delicious are you a quaker i'm a quaker
4:08 ea is not guilty of pushing loot boxes on miners because they're not loot boxes
4:13 you see they're surprise mechanics
4:16 that's what ea's vp of legal affairs terry hopkins told a uk committee
4:21 likening loot boxes to children's toys with unexpected prizes inside like
4:24 kinder surprise eggs or are hatchimals you know what those are
4:29 no i'm assuming you put that in there for the americans who don't have kinder surprise anymore
4:34 hopkins said that enjoying loot boxes in a healthy way is actually quite ethical
4:38 and quite fun well carrie tell that to the eight-year-old malcolm who was caught
4:43 during his 18th blackjack game at the local casino
4:47 he wasn't i made that up but he could be
4:50 he was on a roll too damn you carry come on
4:53 a developer named bylaws has managed to get Android running on a nintendo switch
4:58 and quite smoothly i might add the modder booted up NVIDIA shield software
5:02 and was then able to stream the pc version of overwatch to their switch via
5:06 GeForce now although they might have been breaking a few bylaws in the
5:11 process see i made a pun Linus he's not here
5:15 okay speaking of switches we all might be getting a mini version soon if leaks
5:19 from a chinese retailer are any indication device protectors and cases
5:23 are being listed and promoted online so keep your eyes peeled for a switch mini
5:27 in the next few months or years or never this is a rumor after
5:32 all use your brain people come on use your one collective brain fable the
5:36 augmented reality company magic leap is suing fellow ar company unreal claiming
5:41 that one of unreal's founders chi shu stole magic leaps technology when he was
5:46 an engineer there she left the company in 2016 and then showed up at ces in
5:50 january with the unreal ar glasses
5:53 well it's not the most lucrative theft to make it it doesn't seem like ar
5:57 companies are making much money right now anyways but stealing is wrong kids
6:02 children kids and so so is naming your company in real
6:07 real and really if we're being serious i don't like it
6:10 and Intel has released a processor auto overclocking app called Intel
6:15 performance maximizer or ipm the app will overclock your CPU with just one
6:19 single click although pc perspective noted that it won't do it as well as a
6:23 human generated overclock so you might have to just roll up the sleeves of your Linus
6:28 tech tip stealth hoodie and twist those greasy old knobs yourself
6:32 don't forget the engine oil uh riley how do you how do you think overclocking
6:35 works dude there's no oil in there i'll tell you what doesn't work
6:39 continuing this episode so we're shutting it down come on back on friday
6:43 for more tech news oh yeah it's gonna be good
6:48 is that what you meant by ooh oh ho ho ho ho ho yeah
6:53 oh it's gonna be god
6:58 that's enough