follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit

Author Topic: US Government formally calls to freeze Facebook's Libra cryptocurrency  (Read 2985 times)

jonatrod

  • Baby Steps
  • *
  • Activity: 8
  • points:
    78
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: July 08, 2019, 09:17:06 am

  • Total Badges: 2
    Badges: (View All)
    Topic Starter Search
"Democrats from the U.S. House of Representatives wrote an open letter to Facebook Tuesday, calling on a moratorium to all libra development while the Financial Services Committee and affiliated subcommittees hold hearings to determine how it would operate and what protections would be implemented to protect user privacy."

Read more: https://www.coindesk.com/4-us-lawmakers-join-call-to-freeze-facebooks-libra-project

Altcoins Talks - Cryptocurrency Forum


Senin

  • Full Member
  • *
  • Activity: 196
  • points:
    273
  • Karma: 23
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 06:16:52 am

  • Total Badges: 11
    Badges: (View All)
    Signature Karma Good Avatar
Yes, Facebook through Libra coin will be able to concentrate too much information about citizens. Considering that several billion people now use the social network Facebook, almost a third of the world's population, and thanks to that a lot of information about its users is concentrated, then if you add information about the financial activities of citizens to this information, it will be a very big monster. It is no coincidence that the one who owns the information owns the world.
⬢     SECURE  PLATFORM  FOR  GAMING  AND  PAYMENTS     ⬢
                                       S  O  N  I  C    X                                       
⬢      FACEBOOK       ⬢        TWITTER        ⬢        TELEGRAM        ⬢       EMAIL    ⬢

Altcoins Talks - Cryptocurrency Forum


Bobcrypto

  • Legend
  • *
  • Activity: 1610
  • points:
    2858
  • Karma: 20
  • 🔰 FERRUM NETWORK 🔰
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: July 19, 2019, 11:10:35 pm

  • Total Badges: 11
    Badges: (View All)
    One year Anniversary 1000 Posts Avatar
And despite all this ups and down from several sector of the world calling on Facebook stop it's project launch, hopefully 2020, i think this pressure may amount to nothing because, i think Facebook has the right to launch a project based on cryptocurrency just like any other companies has done. In my opinion, there may be a prolonged litigation about this increasing call to stop or freeze Facebook Libra project. Let see how this game plays out.
Ferrum Network •   ANN • Bounty • Website • Telegram
The First High-Speed Interoperability Network for Real-World Financial Applications

mimikri

  • Hero Member
  • *
  • *
  • Activity: 721
  • points:
    798
  • Karma: 6
  • 🔰 FERRUM NETWORK 🔰
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: Today at 10:18:07 pm

  • Total Badges: 11
    Badges: (View All)
    500 Posts Topic Starter Signature
"Democrats from the U.S. House of Representatives wrote an open letter to Facebook Tuesday, calling on a moratorium to all libra development while the Financial Services Committee and affiliated subcommittees hold hearings to determine how it would operate and what protections would be implemented to protect user privacy."
Read more: https://www.coindesk.com/4-us-lawmakers-join-call-to-freeze-facebooks-libra-project

It is news that can really change a lot of things. Libra has not yet appeared, but it can vanish forever. I will be monitoring the situation with Libra and Facebook reaction on everything.
Ferrum Network •   ANN • Bounty • Website • Telegram
The First High-Speed Interoperability Network for Real-World Financial Applications

Parna

  • Baby Steps
  • *
  • Activity: 6
  • points:
    66
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: July 19, 2019, 01:41:35 am

  • Total Badges: 0
    Badges: (View All)
the US government's efforts will not run smoothly, because with or without restrictions or support from it, Libra will circulate and spread throughout the world  ;D

Bobcrypto

  • Legend
  • *
  • Activity: 1610
  • points:
    2858
  • Karma: 20
  • 🔰 FERRUM NETWORK 🔰
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: July 19, 2019, 11:10:35 pm

  • Total Badges: 11
    Badges: (View All)
    One year Anniversary 1000 Posts Avatar
the US government's efforts will not run smoothly, because with or without restrictions or support from it, Libra will circulate and spread throughout the world  ;D

Yeah, i think witch hunting will definitely amount to nothing because i don't see US government pulling down the entire plans of Facebook Libra launch. I still believe they have the right as a company to launch more business or companies.
Ferrum Network •   ANN • Bounty • Website • Telegram
The First High-Speed Interoperability Network for Real-World Financial Applications

vegasus

  • Hero Member
  • *
  • Activity: 736
  • points:
    849
  • Karma: 15
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: July 21, 2019, 10:07:56 pm

  • Total Badges: 11
    Badges: (View All)
    One year Anniversary Karma Good 500 Posts
I think what the US government did won't make Libra ended and stop its development. Facebook should have the power to continue its project with Libra. I don't think Facebook must get permission from US government to continue Libra's project.

IyemRoker

  • Hero Member
  • *
  • *
  • *
  • Activity: 834
  • points:
    1026
  • Karma: 11
  • 🔰 FERRUM NETWORK 🔰
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 02:43:04 pm

  • Total Badges: 11
    Badges: (View All)
    Poll Voter Search 500 Posts
Freeze is a bad thing or a good thing?
As far as I know, the name Freeze is the same as the key and can't be operated.

I think this is bad news for Libra and has become an FUD for Americans. LOL
Ferrum Network •   ANN • Bounty • Website • Telegram
The First High-Speed Interoperability Network for Real-World Financial Applications

mimikri

  • Hero Member
  • *
  • *
  • Activity: 721
  • points:
    798
  • Karma: 6
  • 🔰 FERRUM NETWORK 🔰
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: Today at 10:18:07 pm

  • Total Badges: 11
    Badges: (View All)
    500 Posts Topic Starter Signature
Freeze is a bad thing or a good thing?
As far as I know, the name Freeze is the same as the key and can't be operated.
I think this is bad news for Libra and has become an FUD for Americans. LOL

I believe that the USA government will not stop the project, and Libra will be released in 2020. I guessmillions are ready to get this stable coin already, and the project will have success.
Ferrum Network •   ANN • Bounty • Website • Telegram
The First High-Speed Interoperability Network for Real-World Financial Applications

 

ETH & Token Donations: 0xc9CbFe089EBC2E27236F53D8cD2Afd3d337385fc