Facebook’s Libra could be more dangerous than 9/11, congressman says

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Facebook’s Libra cryptocurrency project got a second day of withering criticism on Capitol Hill on Wednesday, with one California congressman saying its potential dangers could be worse than the terrorist attacks of Sept. 11, 2001.

 

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Stupidity...

Nigga what?

What a time to be alive

👎

😂

No

No he could be jail some how. Nobody knows

I second that motion.

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US Congressman Brad Sherman says Facebook’s Libra cryptocurrency 'may do more to endanger America' than 9/11Facebook's plans to create a new digital currency are facing heavy criticism — but this is a whole new level.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Senate to grill Facebook over plans for Libra cryptocurrencyU.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its... libra is not a cryptocurency!!! So they want the crypto to be controlled like money. Thankfully the crypto market is big and these crooks won’t be able to control it. cryptocurrency Are we talking about the same Senate that doesn’t even know how to use Facebook
Source: Reuters - 🏆 2. / 97 Read more »

Facebook's real goal with Libra is to become even more of a utilityDavid Marcus, the head of Facebook's digital currency project, said the company expects Libra will drive more advertising revenue for the company. When libra comes out it will make Bitcoin as obsolete as Sega Genesis! All sorts of politicians of ALL stripes hate Libra. Sounds like Libra's a REALLY good idea. The more they hate, the better Libra sounds. Who else is taking the LIBRA salary pledge?
Source: CNBC - 🏆 12. / 72 Read more »

Watch Facebook's crypto chief testify before the Senate banking committee on LibraThe head of Facebook's cryptocurrency projects David Marcus testifies before the Senate Committee on Banking, Housing and Urban Affairs. I can tell how he's talking with his hands he's going to kill the Bitcoin rally faster than Trump did. It's a payment network, a digital asset to use the network. That simple. Guarantee he overcomplicates it and crypto markets dive today.
Source: CNBC - 🏆 12. / 72 Read more »