MARK Zuckerberg smirked as he was grilled over Facebook’s plans for a cryptocurrency – with one lawmaker saying: “Perhaps you believe you are above the law?”
Rep Waters accused the Facebook CEO of “aggressively” increasing the size of the company and “stepping over anyone and the US democracy to get what you want”. Facebook is under huge pressure to rein in the spread of fake news as the 2020 US Presidential election approaches. "Facebook will not be a part of launching the Libra payments system anywhere in the world unless all US regulators approve it," Zuckerberg said.But he came under fire from US politicians during Wednesday's Capitol Hill testimony.
"The vision here is to make it possible for people around the world to send money as cheaply and as easy as sending a text message."Donald Trump's view on LibraIn a series of tweets sent in July, Trump poured scorn on Libra and other similar virtual coins.
He’ll still donate to them lol
I hate him
If money talks and bullshit walks WE walking🤣
How did the Democrats manage to make me sympathise with Mark Zuckerberg?
In America, politicians are voted in by the true power brokers, the people. It makes sense this doesn't work with UK logic. Acting surprised is ignorant, I believe most in the UK know this, possibly it's reporters are still learning?
I expect he does.
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Source: The Telegraph - 🏆 41. / 63 Read more »