Cryptocurrency Controversy? Facebook Reveals Libra.

(Note: companies that could be impacted by the content of this article are listed at the base of the story (desktop version). This article uses third-party references to provide a bullish, bearish and balanced point of view; sources listed in the “Balanced” section)

Over the decade, digital currency, commonly referred to as cryptocurrency, has been a new creation that many companies want to get their hands on. Since the creation of Bitcoin in 2009, cryptocurrency has attracted a large following as well as large investments. Recently, Facebook has made their way into the cryptocurrency world with what they call Libra. Libra proposes quick, safe, and easy global transactions on their own blockchain, although regulators have been quick to jump in and voice concerns.

Leave a Reply