Facebook’s plan to revolutionize how money works, and why companies and lawmakers are so worried about it, explained in 30 seconds

Facebook’s plan to revolutionize how money works, and why companies and lawmakers are so worried about it, explained in 30 seconds

Facebook is trying to launch its own cryptocurrency: Libra. Libra will be managed by the independent, nonprofit Libra Association and transferred on digital wallet Calibra, a subsidiary of Facebook. Lawmakers are wary of a corporation’s attempt to create its …

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