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Threads Is Libra and Meta All Over Again

With his Twitter clone’s decentralized architecture, Mark Zuckerberg is yet again borrowing from crypto’s best ideas. Third time’s the charm?

Updated Jun 14, 2024, 5:52 p.m. Published Jul 7, 2023, 4:26 p.m.
Facebook CEO Mark Zuckerberg testifies about the Libra (Diem) project before the House Financial Services Committee on October 23, 2019. The hearings helped expose just how shallow Facebook's first claims of "decentralization" were. Now, with Threads, they're trying again. (Getty Images)
Facebook CEO Mark Zuckerberg testifies about the Libra (Diem) project before the House Financial Services Committee on October 23, 2019. The hearings helped expose just how shallow Facebook's first claims of "decentralization" were. Now, with Threads, they're trying again. (Getty Images)