> Barhydt said that Facebook had considered all the options, including Bitcoin’s scaling solution, the Lighting Network.<p>Would be interesting to know what it would take Facebook to reconsider Lightning. The technology has been advancing very rapidly since early 2018.<p>> But while Barhydt admitted that Libra may currently be little more than a private database, he said Facebook had future plans to create something akin to a “scalable Bitcoin.” But “you can’t go fully permission-less out of the gate.”<p>The question seems to be whether it will ultimately be easier to scale a censorship resistant system (Bitcoin) or make a fast centralized system censorship resistant.<p>My money is on the former because groups generally cling to power even if it sends them over a cliff. If Facebook really cares more about empowering users than controlling users they'll be back with Bitcoin eventually.