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Facebook’s Libra Cryptocurrency in 2019 & Why You Need To Understand It

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Sinopsis

In this episode, we're going to talk about Facebook's new Libra cryptocurrency in 2019 & why you need to understand it. Let's learn together about what the Libra currency will do and why we should know about it. Facebook has launched a new cryptocurrency Libra. It is a new blockchain and new innovation. TIME-STAMPED SHOW NOTES[01:10] Today’s Topic: Facebook Libra - the what, the when, the how, the why [01:18] What is Libra? [01:31] What differentiates Libra from every other cryptocurrency out there? [02:33] Facebook won’t be the only organization that runs Libra. [03:50] The Facebook Libra Reserve [04:30] What separates Libra from Bitcoin [06:05] Libra is not completely decentralized [06:42] App developers on Libra won’t be monitored? [07:24] Why - Facebook Libra was made to combat high fees charged by credit card companies [09:02] Will Facebook Libra be shut down? [09:58] A company having its own cryptocurrency makes it like a country? [11:20] The traditional banks, the Warren Buffets might put u