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The #Libra Association has announced it’s planned for a simple global currency and financial infrastructure.

Find out more https://libra.org/en-US/

The Libra Association was initially composed of a handful of large firms, but PayPal Holdings has since severed ties with the project.

Though it seems that even though PayPal may have stepped out of the picture, Facebook is now taking that place. Facebook CEO Mark Zuckerberg is set to testify before the House Financial Services Committee over the platform’s plans to implement its own digital currency. Sources close to the matter this week said Zuckerberg will be the only witness at the hearing later this month.

Though online currency makes people feel uneasy pure and simple is due to the unpredictability and the wild market cycles of similar currencies like Bitcoin. This makes Global regulators wary of how digital currency will impact the financial system. The Libra currency was created to boost e-commerce and advertisements within Facebook with plans to release the cryptocurrency in 2020, but a number of factors may halt the company’s progress. The real concern is that Facebook has data on billions of people and has repeatedly shown a disregard for the protection and careful use of this data it is also agreed that Congress and regulators have the opportunity to examine the consequences of what happens if Facebook creates such a currency.

What do you think?

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DOJ sends gun legislation package to White House as debate rages over mass shootings

The Department of Justice has sent a package of legislative proposals on gun violence to the White House, a person familiar with the matter told Fox News, as the debate rages over how lawmakers and the president should respond to a recent spate of deadly mass shootings. The White House has had the proposals for two weeks, according to the source, but has not yet sent anything See More along to Capitol Hill. It was not immediately clear what proposals are included in the DOJ package.

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DOJ sends gun legislation package to White House as debate rages over mass shootings
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Is there a Political Double Standard on What Gets You Fired if you Offend a Gay or Trans-person? Just Ask Mika & Joy Recently I was asked to Comment on this: “Morning Joe” co-host Mika Brzezinski apologized last week for calling Secretary of State Mike Pompeo, a “butt-boy.” Meanwhile, the network’s Joy Reid, blamed homophobic […]


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