Zuckerberg faces grilling on Facebook's ambitious digital currency plans

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Facebook Inc chief executive Mark Zuckerberg will be grilled by lawmakers over t...

) chief executive Mark Zuckerberg will be grilled by lawmakers over the company’s plan to launch a digital currency and efforts to prevent foreign election interference when he appears before a Congressional panel on Wednesday.

That political heat has led several of its key financial partners including Mastercard, Visa, PayPal and eBay to abandon the project. The company disclosed on Monday it had removed a network of Russian accounts targeting U.S. voters on Instagram, which Facebook owns. That scandal badly damaged Facebook’s image in Washington and has compounded worries among lawmakers that the social media giant cannot be trusted to launch a global digital currency to its 2.4 billion users.

The hearing will be led by Democratic Representative Maxine Waters, the panel’s fiery chair who has slammed the Libra project. He told reporters last week that Zuckerberg will be unable on Wednesday to make commitments on behalf of Libra because Facebook no longer controls the project.

 

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Aren’t your palms supposed to be facing outwards when pretending to be inside an invisible box?

Not Good

Who are these “higher ups” within CNN who Jake Tapper’s producer is referring to in the video?

And Colombia has the best inteligent people working about this! Here is the place!!!

Zuckerberg: .....and for my next tap dance....

The present-day world would be a better place without FB.

Ifb

Until he faces serious consequences -- jailtime, the breakup of his company -- Zuckerberg smirks at your pathetic attempts to rein him in.

I guess the House Democrats haven’t heard of Bitcoin?

facebook is a disgrace. It is a misinformation machine that stokes hate and division.

Facebook is evil. DeleteFacebook

Why would you have money on a computer? Smart people are sometimes no so smart. 😆 lol

Zuck is a crook who is willing to do anything with your information as long as it gets him top dollar. Democracy be damned.

Show us the grill marks, please.

European report .. Emirates spies on all its hotel guests even in the bathrooms meaning every guest in their hotel has a documentary from entering the airport until his exit and uses the recorded material to threaten people and blackmail them. Debate_expo_2020_dubai

I wouldn't trust Facebook with my little money

He has the critical mass, bound to be the first crypto that will reach automatic ‘widely accepted’ status.

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Facebook CEO Mark Zuckerberg is trying to drum up support for the firm's wild new currency by amping up worries of China's financial dominanceFacebook CEO Mark Zuckerberg has discussed the Libra cryptocurrency project at length in prepared remarks to the House Financial Services Committee. amping up...meaning blackmail 🖕🏽 LuluLemew This man is despicable! TRULY! DeleteFacebook DeleteFacebookNow
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