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...

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Facebook's Libra currency will get half its backing from the US dollar Facebook's Libra currency will get half its backing from the US dollar Reviewed by Ankit on September 22, 2019 Rating: 5

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