Cryptocurrency

Senate Hearing on Facebook&#39s Proposed Cryptocurrency | NowThis





CAN Facebook MAKE Cash?: The Senate Banking Committee holds a hearing on Facebook’s proposed electronic forex, identified as Libra.
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The task has fulfilled with resistance from both of those sides of the aisle, with lawmakers elevating considerations that the cryptocurrency could be utilised for dollars laundering or the funding of terrorism. The committee will listen to from David Marcus, Facebook’s blockchain main.

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38 comments

  1. Mr. Tillis pretty Brilliant!

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  2. Yeah calibra sounds like more like a cabal to me.

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  3. So much love the move if Mark Zuckerberg is allowed to introduce this currency the world is gone, he claims facebook is a government of it's own.

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  4. There you have it folks, Libra will be the New Global Currency which will become compulsory to use. If you use another currency you will be thrown in jail, just like using another currency in the USA. Our grand children will be bigger slaves than we are now.

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  5. Buy Bitcoin.

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  6. Why states and centrale banks didn't say anything about bitcoin??

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  7. SENATOR SENATOR SENATOR

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  8. money laundring is already patented by the FED

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  9. Mr. Brown is a hypocrite of the highest order

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  10. Do not rob the poor because he is poor, Nor oppress the afflicted at the gate; For the Lord will plead their cause, and plunder the soul of those who plunder them. Proverbs 22: 22, 23

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  11. Did FB claim ownership of data, private pictures and contacts of friends and family for their profit ?

    The invasion of family pictures, contact information family and friends is against USA citizens rights and these representatives should be protecting the people.

    Advancements in technology should never override the power of the people or ever be used to force USA citizens to conform to any regulations or laws that are not voted on by the people or representatives.

    Any type of medical or psychological experiment against the will of any person is illegal.

    This seems like a robber that breaks into your home steals from you and then says, trust them and give them the information to access everything that you own and access your family and friends identification also.

    I like new technology good improvements in the medical field, transportation improvements in many areas including banking however, when people begin to choose to give precedence to who a computer approves of or disapproves of instead of God created human beings with a soul, a heart, and mind of your own then the USA is no longer the light on the hill. The USA is based on Christian ideals. We should never forget who we are.

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  12. The senate committee is fight a loosing battle..Crypto is not about facebook we have bigger market

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  13. I find this comical- association with Facebook spectre! , confusing fact and fiction. I really hope Facebook pulls this off because the technophobes can not even string a sentence together. This is cringing. They do not understand the notion of wallets.

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  14. Neither Facebook or the United States should have control over money. Get new people into crypto with Libra, than use a real crypto currency. (Bitcoin)

    Also, love the argument of drug cartels. …. Because they can't use cash??? 😏

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  15. peak lapels? seriously?

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  16. He look like the kid from the umbrella academy lol

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  17. Like the US$ is not used for Money Laundering and Terrorist activities. Hypocrisy

    By the way who is this Kennedy guy, he has just gone off the reservation

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  18. Fakebook is against conservatives. Talk about that you stupid spineless Republicans.

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  19. Senators…👍👍

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  20. Libra is not a cryptocurrency! 🌙

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  21. So the people who ban people for hate speech will be able to shut down your Libra account too great can't see a problem there

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  22. these senators need to fix the banks….and try to stop shutting down every year

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  23. Maybe before you do a new thing, an enormously important thing, you should get your own shop fixed, Fuckbook!

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  24. MR. CRAPO and. MR BROWN?

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  25. After what we know of Cambridge Analytica, let Facebook have the Libra cryptocurrency? No thanks.

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  26. This is way, way a slippery slope for these guys to control the movement of money with not enough sheriffs to police fraud and taking advantage of the poor. Another digital monopoly that will not benefit the consumer with "them" having all the control of our info, our buying habits etc.

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  27. uhhh

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  28. Talking about “basic journalistic standards” LMFAOO why don’t you question Fox News dino-man 🔜⚰️

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  29. This is total non-sense…. A complete deja vu from the movie Idiocracy…
    Total control game, this should never go through

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  30. split facebook into pieces… fck monopolies

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  31. Sooo looking forward to Calibra & Libra coming out. Free market doesn't exclude competition for the USA dollar!!! This is Awesome!!!

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  32. Is his name really Crapo.? how appropriate

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  33. the gov't bashes facebook about invading privacy and shady practices, ok fair points. But what does the info edward snowden leaked tell us about the U.S gov't?…hmmmmmm. who do you trust more, the gov't working with the banks or corporations?

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  34. Switzerland is a Globally Neutral Country!! this MUST be there… otherwise Countries like the USA can us it against the world..

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  35. The "Open Source" concept MUST BE EXPLAINED to these old dinosaurs!!!

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  36. Sen Tester: NEEDS to Understand Concurrency and Blockchain computing systems/process!! Libra will be generated users USING FaceBook/etc… This guy wants control over the value of Libra, however it's IMPOSSIBLE!! This is SKYNET!! It's going to be UNSTOPABLE once started.

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  37. Did they talk about how the value of Libra will be determined? I would like to know how the Libra will be valued.

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  38. History being written 💥💥💥💥💥

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