LIBRA: the new global currency: All you need to know about the facebook cryptocurrency

The currency and the digital wallet gets governed by the Libra Association, a not-for-profit organization of businesses, academic institutions, and other not for profit organizations. Facebook and other founding members of the Libra Association will earn money from the Libra Reserve.

Libra is nothing but a digital coin anchored with the same block chain technology as that of Bitcoin and Ethereum. This is one such virtual currency which is backed by companies like Mastercard, Visa, and Uber. However, it should be kept in mind that this currency is not backed by any bank.

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Was an perfect denominational determined Concept on Libra. Pretty much well contributed ideas methods was added on this, And those was very much pleasant easy for me to understand. Perfect most loved book for me.

Quick read to bring you up to speed. I missed some more discussion and open ended questions about the topic.

The book is a comprehensive resource to know about Libra and its differences from Bitcoin and other cryptocurrencies. It also stresses on the reasons as to why Libra will be a success.

The currency and the digital wallet gets governed by the Libra Association, a not-for-profit organization of businesses, academic institutions, and other not for profit organizations. Facebook and other founding members of the Libra Association will earn money from the Libra Reserve.

This wallet will be in-built in the Facebook Messenger and WhatsApp. It will also be available as a stand-alone app. Facebook has around 2.4 billion users all over the world. With the help of this new digital coin, people will be able to save, spend, and transfer money without having to pay any fees. Facebook has also ensured that the real identities of the users are kept secret and pseudonyms are used in order to maintain privacy.

This is one such virtual currency which is backed by companies like Mastercard, Visa, and Uber. However, it should be kept in mind that this currency is not backed by any bank.

Libra is nothing but a digital coin anchored with the same block chain technology as that of Bitcoin and Ethereum. This is one such virtual currency which is backed by companies like Mastercard, Visa, and Uber. However, it should be kept in mind that this currency is not backed by any bank.

Many people are fearing that Libra is going to threaten the government-backed currencies and consumer privacy. Facebook, with the introduction of Libra, is presumed to be a leader in the global financial system.