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September 23, 2019 12:38 am -04

Facebook's Libra currency will get half its backing from the US dollar

Facebook was quick to promise that its Libra cryptocurrency would have the stability of real-world money behind it, but whose money will dominate? It's now particularly clear. Facebook sent a letter to German politician Fabio De Masi explaining tha...

Original Link: https://www.engadget.com/2019/09/22/facebook-libra-currency-backing/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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