Can Facebook's Libra 2.0 Live Up To Its Promise?

Written by Talhaw21 | Published 2020/08/07
Tech Story Tags: cryptocurrency | libra-coin | facebook-libra | finance | digital-currencies | business | facebook | latest-tech-stories

TLDR Facebook’s Libra, their first digital currency, launched itself back in June 2019 and quickly started marketing itself as a solution for people in developing nations. Companies such as Lyft, Spotify, Uber, PayPal and MasterCard were a huge part of the project. However, the founders are now seeking to appease the United States government. Facebook has over 2.4 billion active users. If it ‘helps’ a quarter of them through its ‘next-generation’ cryptocurrency, that is still almost double the population of the U.S.via the TL;DR App

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Written by Talhaw21 | Love to read! World Politics, Science and Tech, Galaxy! Tech Content Editor @InvoZone
Published by HackerNoon on 2020/08/07