80: Libra lessons from WeChat and QQ

<p>On June 18, Facebook announced the Libra cryptocurrency, a solution to their P2P payments conundrum. As to be expected, this move has gotten a lot of attention. In China, that attention has taken the form of comparing Libra to Tencent's breakthrough Q Coin as well as how WeChat has integrated payments.</p> <p>Key questions:</p> <ul> <li>What is Q Coin?</li> <li>What's the difference between a virtual currency and a cryptocurrency?</li> <li>What is the relationship between Libra, Calibra, and Facebook?</li> <li>Will China ever have something like this?</li> </ul> <p>Links</p> <ul> <li><a href="https://www.theverge.com/2019/6/20/18693521/facebook-libra-cryptocurrency-calibra-explainer-how-does-work-features">Everything you need to know about Libra, Facebook’s ambitious cryptocurrency</a></li> <li><a href="https://technode.com/2019/06/28/facebook-libra-replicate-wechat-pay/"><strong>Can Facebook’s Libra replicate WeChat Pay’s digital payment dominance?</strong></a></li> <li><a href="https://stratechery.com/2019/facebook-libra-and-the-long-game/?utm_source=Memberful&utm_campaign=34fd4f4106-daily_update_2019_06_27&utm_medium=email&utm_term=0_d4c7fece27-34fd4f4106-110957605"><strong>Facebook, Libra, and the Long Game</strong></a></li> <li><a href="https://www.theverge.com/2019/6/18/18682838/facebook-digital-wallet-calibra-libra-cryptocurrency-kevin-weil-david-marcus-interview"><strong>FACEBOOK’S CALIBRA IS A SECRET WEAPON FOR MONETIZING ITS NEW CRYPTOCURRENCY</strong></a></li> <li><a href="https://technode.com/become-a-member/"><strong>Become a member of TechNode Squared</strong></a></li> </ul> <p>Hosts </p> <ul> <li><a href="https://www.linkedin.com/in/jartman/"><strong>John Artman</strong></a>, <a href="https://twitter.com/knowsnothing"><strong>@knowsnothing</strong></a>, <a href="http://technode.com/"><strong>TechNode</strong></a></li> <li><a href="https://cn.linkedin.com/in/matthew-brennan"><strong>Matthew Brennan</strong></a>, <a href="https://twitter.com/MattyBGooner"><strong>@Matt