Zuckerberg, in Washington to Talk Cryptocurrency, Gets Grilled on Everything
Source: New York Times
WASHINGTON Mark Zuckerberg, Facebooks chief executive, returned to the hot seat on Wednesday to defend a cryptocurrency project that has become the latest target of criticism from lawmakers frustrated with the social media giant.
He ended up defending Facebook on a range of issues, from political advertising to housing discrimination and child pornography.
In a hearing before the House Financial Services Committee, Mr. Zuckerberg presented a rosy view of how the cryptocurrency would provide a safe way for billions of people around the world without bank accounts to exchange money affordably.
And in a response to an outcry from financial regulators, he said Facebook would not offer Libra, its cryptocurrency initiative, anywhere in the world unless all U.S. regulators approve it.
Read more: https://www.msn.com/en-us/news/technology/zuckerberg-defends-facebook-cryptocurrency-project-to-house-committee/ar-AAJdZwi?li=BBnb7Kz
Wellstone ruled
(34,661 posts)how really shallow and lacking in Grey Matter this sucker is. He sure as hell can not write a Algorithm,must have stolen it from his partners.
lagomorph777
(30,613 posts)Cypto currency = money for nothing.