Mark Zuckerberg will appear before Congress on Wednesday to defend Facebook’s controversial ‘cryptocurrency’ project, Libra. In his prepared remarks, the Facebook CEO will tell lawmakers that America risks losing “financial leadership” to China if they don’t get behind his company’s plan. Referring to China’s proposed digital currency, which is expected to launch before the end of the year, Zuckerberg will argue: “While we debate these issues, the rest of the world isn’t waiting. China is moving quickly to launch similar ideas in the coming months… If America doesn’t innovate, our financial leadership is not guaranteed.” Continue reading Zuckerberg Spins Congress: Back Facebook Cryptocurrency or Let China Win
Tag Archives: Facebook
Facebook Dating Is Zuckerberg’s Worst Idea Since Doomed Crypto Libra
Facebook dating is here. Hallelujah. Just what we needed, another way for Zuck to weasel his way into our lives. The social media behemoth on Sept. 5 officially announced the launch of its dating app in the U.S. and it promises to transform your love life. Or not. Continue reading Facebook Dating Is Zuckerberg’s Worst Idea Since Doomed Crypto Libra
Major Latin American Facebook Rival ‘Taringa!’ Makes a Splash in Crypto
Major Latin American social network Taringa! revealed the launch of a new crypto-centered community in an attempt to reinvent itself after 15 years of setting trends in the Hispanic market. Continue reading Major Latin American Facebook Rival ‘Taringa!’ Makes a Splash in Crypto
Multi-Crypto Exchange Platform launched!
….Cryptoxygen Thomson SFIT Computing
New York, June 29, 2019
CRYPTOXYGEN, the notorious France venture with Thomson SFIT Computing integrating for the first time in the crypto industry a wallet and platform into hardware, had launched its trading platform to the public in New York last Thursday 27th June. Continue reading Multi-Crypto Exchange Platform launched!
Congress Demands Facebook Halt Work on the Libra Cryptocurrency
High-ranking legislators in Congress have issued a thundering rebuke to Facebook’s cryptocurrency ambitions, demanding that the Mark Zucker-berg led firm “immediately cease” work on Libra until the government says otherwise. Continue reading Congress Demands Facebook Halt Work on the Libra Cryptocurrency