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Caute_cautim
Community Champion

Facebook and Libra

Has stark reality dawned or should I just turn over and go back to sleep:  https://www.itnews.com.au/news/fed-chief-calls-for-facebook-to-halt-libra-project-528026?eid=1&edate...

 

Will it make them review this project or will Google sneak up underneath and look legitimate?

 

Regards

 

Caute_cautim

2 Replies
AppDefects
Community Champion

On Wednesday, Federal Reserve chairman Jerome Powell warned that "Libra raises many serious concerns regarding privacy, money laundering, consumer protection and financial stability." No kidding!

Shannon
Community Champion

 

After all the scrutiny Facebook's been coming under recently, I doubt they'd allow Libra to proceed. Then again, Trump might be an avid user of Facebook, in which case anything is possible... Man Wink

 

 

Shannon D'Cruz,
CISM, CISSP

www.linkedin.com/in/shannondcruz