Facebook's CEO, Mark Zuckerberg, has just announced Libra, his attempt to revolutionize not just payments, but money itself, on a global scale, and Calibra, Facebook’s wallet app for Libra.

But what is Libra more exactly and why, after the terrible, scandalous, privacy violating, trust rending, not good very bad year if not decade Facebook’s had, why would anyone in their right mind, or Mark Zuckerberg, think for a smoking hot minute we’d trust them with our money?

Tantalizingly — or appallingly, you be the judge — Zuckerberg thinks he has an answer.

Hit subscribe and poke that bell gizmo so YouTube will have to actually tell you about new videos when they come out, and then let’s break it all down.

SPONSOR:

• Molekule Go to molekule.com and enter VECTOR at checkout to save $75.

LINKS:

MORE:

• Merch: https://standard.tv/vector
• Gear: https://kit.com/reneritchie
• Podcast: http://applepodcasts.com/vector
• Twitter: https://twitter.com/reneritchie
• Instagram: https://instagram.com/reneritchie
• Mobile Nations Affiliate Link Policy

SUBSCRIBE:

• Apple Podcasts
• Overcast
• Pocket Casts
• Castro
• RSS
• YouTube