Zuckerberg, in Washington to Talk Cryptocurrency, Gets Grilled on Everything

[Yo_Mama_Been_Loggin]

Source: New York Times

WASHINGTON — Mark Zuckerberg, Facebook’s chief executive, returned to the hot seat on Wednesday to defend a cryptocurrency project that has become the latest target of criticism from lawmakers frustrated with the social media giant.

He ended up defending Facebook on a range of issues, from political advertising to housing discrimination and child pornography.

In a hearing before the House Financial Services Committee, Mr. Zuckerberg presented a rosy view of how the cryptocurrency would provide a safe way for billions of people around the world without bank accounts to exchange money affordably.

And in a response to an outcry from financial regulators, he said Facebook would not offer Libra, its cryptocurrency initiative, anywhere in the world “unless all U.S. regulators approve it.”



Read more: https://www.msn.com/en-us/news/technology/zuckerberg-defends-facebook-cryptocurrency-project-to-house-committee/ar-AAJdZwi?li=BBnb7Kz

[Wellstone ruled]

1. Was just kind of amazed

how really shallow and lacking in Grey Matter this sucker is. He sure as hell can not write a Algorithm,must have stolen it from his partners.

[lagomorph777]

2. That's hilarious. Who would gamble their money on a company known for stealing from users?

Cypto currency = money for nothing.

[rockfordfile]

3. The crooks love crypto