FRIDAY JUNE 21, 2019 Hi jon,
The rumors have finally been confirmed. Facebook is launching a cryptocurrency. The announcement came as expected Tuesday and sent shockwaves around the globe. Here's what we know so far:
The Fall Out:
In the days following the release, the reviews of the cryptocurrency have been mixed. Many cheered on Libra, calling it positive for crypto adoption, while others expressed outrage. French Finance Minister Bruno Le Maire led the charge, saying "it is out of question [that Libra] become a sovereign currency. It can't and it must not happen." German member of the European Parliament Markus Ferber piled on, calling Libra a "shadow bank" and a handful of U.S. senators also objected, saying Facebook is already too big and can't be trusted with users' financial data. As a crypto advocate, I believe the response from regulators says something good about Libra. While their concerns are justified, so is Facebook's mission to create a more democratized, global, and digitized economy.
The problem? Trust.
The only solution to this is a cryptocurrency that operates free of a centralized company or group of companies.
Oh, wait, that already exists!
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Everything you need to know about Libra, Facebook's ambitious cryptocurrency Facebook is planning to launch a cryptocurrency it hopes will "transform the global economy." The currency, named Libra, is being developed by Facebook, but the company intends to share control with a consortium of organizations, including venture capital firms, credit card companies, and other tech giants
Bitcoin Price Breaches $9.6K to Hit 400-Day High At 18:00 UTC on June 20, the world's largest cryptocurrency by market capitalization broke upwards on the daily chart, after being held beneath $9,348 for an extended period of time.
Top Crypto Exchange Pre-Announces $81 Million Bitcoin Transfer Take Binance, which pre-announced a soon-to-come $81 million or so Bitcoin transaction via Twitter on Monday. The world's biggest crypto-trading platform told followers there's "no need to FUD," referring to the popular acronym crypto bulls use to describe unwarranted fear, uncertainty and doubt.
Russia to Adopt Crypto Legislation Within Two Weeks: Deputy Finance Minister Russia's parliament, the State Duma, will adopt the country's major crypto bill "On Digital Financial Assets" (DFA) in the next two weeks, according to a local senior finance official. The news was reported by Russian government-backed news agency TASS on June 19.
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Fwd: Earn a million dollars – message 1
---------- Forwarded message --------- From: Jon Silver < joaoa.desilva2020@gmail.com > Date: Tue, Feb 2, 2021 at 3:14 PM Subject: Re...
Sunday, June 30, 2019
Fwd: Crypto got Zucked.
Fwd: Libra lottery
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Fwd: Facebook's Libra and the Element of Air
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---------- Forwarded message --------- From: Medium Daily Digest < noreply@medium.com > Date: Sun, Jul 28, 2019 at 11:53 AM Subject: ...
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Way to go team... we have more sales in the last 48 hours than the entire last week's sal...
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RE: " Winners never quit and quitters never win ." ~ Vince Lombardi >> Click here to watch today's episode o...