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Congress Demands Facebook Put Brakes on Libra Cryptocurrency

Facebook’s Libra cryptocurrency is off to a rocky get started. After pronouncing Libra remaining month, U.S. lawmakers had been none too delighted given the social media massive’s doubtful monitor report with privateness. Now, the U.S. House Committee on Financial Services is asking on Facebook to halt its plans.
Facebook’s Libra cryptocurrency is off to a rocky start. After announcing Libra last month, U.S. lawmakers were none too thrilled given the social media giant’s dubious track record with privacy. Now, the U.S. House Committee on Financial Services is calling on Facebook to halt its plans.

Original article
Original article
Author: Victoria Song

We come from the future.

Victoria Song has recently written 5 articles on similar topics including :
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  2. "Remember when a few years ago, Facebook forced us all to download the standalone Messenger app to chat with friends? It appears it’s now backtracking on that and looking to roll chats back into the main Facebook app". (April 12, 2019)
  3. "YouTube’s recommendation algorithm doesn’t have the best track record. It’s been caught mixing up inappropriate videos featuring popular kid’s entertainment characters, pushing home videos of children to pedophiles, and even radicalizing youths toward extremist politics. Against that backdrop, the video platform announced it’s going to start giving users greater control over what content pops up on their homepage and Up Next videos". (June 27, 2019)
  4. "After months of rumors, it appears a Facebook cryptocurrency is imminent. Reports last week said its planned launch is slated for June 18, and now it appears that the cryptocurrency, Libra, has some legit backers, according to the Wall Street Journal". (June 14, 2019)
  5. "I had it all planned out. On the subway ride home, I’d been futzing around in the Jacquard app, assigning actions to my Levi’s Trucker Jacket with Jacquard by Google. A simple double-tap to the wrist cuff as I neared my apartment, and when I walked through the door, I’d strut in to “Touch the Sky” by Kanye West. Stupid, vain, and mildly dorky yes, but I am extra and it’d have been a fun way to announce I was home to my pets and partner". (September 30, 2019)
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