Maxine Waters Looks to Stall Facebook on Libra, Zuck Wins Regardless

By CCN Markets: House Financial Services Committee Chairperson Maxine Waters (D-Calif.) requested that Facebook hold off on developing its crypto, which is named Libra. Facebook Request Cuts Both Ways There are two ways to examine Rep. Waters’ request. First, it’s a good thing for cryptocurrency whether Facebook honors her request or not. Second, Rep. Waters is assisting the public by stalling investment in another dangerous cryptocurrency. Maxine Waters said: “With the announcement that it plans to create a cryptocurrency, Facebook is continuing its unchecked expansion and extending its reach into the lives of its users. The cryptocurrency market currently lacks

The post Maxine Waters Looks to Stall Facebook on Libra, Zuck Wins Regardless appeared first on CCN Markets

Source: https://www.ccn.com/op-ed/maxine-waters-looks-to-stall-facebook-on-libra-zuck-wins-regardless/2019/06/19/

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