Arguments in every of my groups today as some said it is absolutely a political propaganda and some relating it backward as facebook played a huge part negatively in the past US presidential election. That you can as well get more information from #TheGreatHack by Netflix. The senate is of the emphasis that Libra would stage to harbour financial crime and unscrupulous behavior from the users. Follow link to see full gist.
https://www.bbc.com/news/technology-50152062
I am forced to think of blockchain technology as a solution to this mess faced by the young billionaire. VID as an example is a video centric social media that uses blockchain technology and protocol to avoid such issues as Mark's. Using ZERO KNOWLEDGE PROTOCOL is one thing that makes it unique. See more info https://vid.camera.
I am yet to agree that US is trying to tame Mark Zuckerberg. I think it is normal trying to defend in the interest of the world.
Libra is an attempt at total control of the population using Facebook.
FB should be broken up, not expanded. Far better, to not even allow it.
Crypto currency should be open and "owned" by no one. Not Google, not Apple, not Facebook. A money system should be available to all, and without any governing body.
The story is funny though. The government is the one that is really trying to control everyone and everything to the point that freedom is curtailed and killed in the process. And now, in the name of the people whose freedom they kill, they are also killing Libra.
Libra might control and they should be stopped. A monetary system should not be one which is controlled by Libra. But the monetary system being protected right now is the total opposite of 'available to all' 'and without any governing body.'