Top-6 Issues Experts/Entities Have With Libra

Top-6 Issues Experts/Entities Have With Libra
imageCryptocurrency News1 hour ago (Jul 11, 2019 04:01AM ET)

Top-6 Issues Experts/Entities Have With Libra

Facebook’s unveiling of its Libra cryptocurrency has generated a lot of attention in the financial world, as well as in the crypto space. So far, the company has announced that its Libra blockchain network will be launched in 2020 and backed by a separate entity, the Libra Foundation. The cryptocurrency is set to enable users to make faster and cheaper international payments online, using platforms such as WhatsApp or Facebook (NASDAQ:FB) Messenger.

Just like any other cryptocurrency, Libra is set to have its own wallet called Calibra. Users would be able to send and receive Libra through this wallet by converting fiat currency from their credit cards into Libra coins. Third-party operators would also be allowed to sell the Libra cryptocurrency to users, and the entire process is set to be as simple as buying data for a mobile phone.

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Top-6 Issues Experts/Entities Have With Libra

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