Too Long; Didn't Read
Facebook announced plans to launch a new 'decentralised' digital currency in 2019, Libra. Libra's level of centralisation means that changes can easily be made to it by the owners, which can influence its exchange rate. Mark Zuckerberg, the CEO of Facebook, had previously appeared the before Congress to talk about his Libra Project but ended up raising more questions than calming nerves. Congressman Warren Davidson appeared to be unimpressed about the digital currency, and, of course, it was not far from the general opinion of Mark Zuckerberg.
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