No, a Facebook Libra Delay Would Not Cause a Crypto Crash

As News BTC reports, “The world’s largest social media company has faced nothing but criticism since it announced grand plans to dominate global finance markets with its own crypto coin. Red flags were raised by governments and central banks across the planet over the threat that Libra proposes to their own sovereignty.

“In an interview with the Nikkei Asian Review, billionaire Zuckerberg admitted that Libra’s lofty ambitions may take a bit longer to reach fruition. He avoided the question on a 2020 launch replying;

“’Obviously we want to move forward at some point soon not have this take many years to roll out. But right now I’m really focused on making sure that we do this well.’

“He added that the company was already behind in work in areas such as protecting privacy, ensuring users’ well-being, and preventing election interference. In other words the concerns of regulators around the world were fully justified…”

Continue to view the full story at News BTC.

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