Senate Banking Lawmakers Have Major Concerns With Facebook’s Libra Digital Currency

Image from: CoinTelegraph

Senators questioned Facebook's Libra co-founder David Marcus about digital privacy, data security, and trust concerns among others at today's congressional hearing viewable below. 

What are your thoughts on Facebook's digital currency Libra, and do you think they pose a threat to central banks and the US dollar? How do you think Facebook's Libra coin will affect Bitcoin and other global currencies?

It's about time our politicians discuss our outdated legacy financial systems that have become predatory systems to the majority of people.

Why is the US so far behind the rest of the world when it comes to real time payment solutions and platforms?

Are our regulators too slow to act on matters of emerging technology, which are constantly evolving faster and faster over time?

Some of the questions asked revel how much or little is understand about the crypto space, and can be a bit hypocritical to say the least.

What are your thoughts on today's historic events?

Senate Banking Hearing on Facebook Digital Currency