RE: Senate Wants Hard Answers From Zuckerberg

Zuckerberg is a stooge and I can’t wait to see his GlobalCoin fail, miserably.

US Senate Wants Hard Answers From Mark Zuckerberg About Facebook’s Upcoming Crypto Platform

https://dailyhodl.com/2019/05/30/us-senate-wants-hard-answers-from-mark-zuckerberg-about-facebooks-upcoming-crypto-platform/

Hodler Master Asked on May 30, 2019 in Cryptocurrency.
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FACEBOOK TALKS ‘GLOBALCOIN’ WITH CFTC (WHILE BITCOIN NEVER HAD TO)

“Facebook is a million miles away from some of the main concepts behind cryptocurrencies, including the fact that they are supposed to be a mathematically secure, disruptive, peer-to-peer technology acting as a decentralized form of finance.

Additional worries stem from the fact that the company’s user base is actually a wrong target group when it comes to cryptocurrency usage. As Diar points it out:

‘Educating 25% of the world’s population about current cryptocurrency infrastructure that requires private-key management and the glaring reminder of the possible ultimate loss of funds is also unlikely as it would result in the project’s near instant failure.'”

https://bitcoinist.com/facebook-globalcoin-cftc-bitcoin-permission/

 

Master Answered on June 3, 2019.
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