Facebook Steals Another Crypto Idea for Its Nonsensical Rebrand

Facebook Steals Another Crypto Idea for Its Nonsensical Rebrand
There is so much, too much, to be said about Facebook’s announcement yesterday that it is changing its corporate name to “Meta” as part of a refocus on what is, essentially, online virtual reality. Most of what is to be said is really not good for Facebook. This is a desperation move made in the face of a PR nightmare that has a slim chance of panning out as a market proposition, and basically zero chance of reversing the company’s declining political and market fortunes in the U.S. and Europe.So, given the target-rich environment, let’s start close to home: “Metaverse”…