Jonny Fry Posted

Like a phoenix is Libra rising from the ashes?

2 min video looking atthe potentyial rise of Facebook's Libra

Libra, the project initially backed by Facebook certainly had a baptism of fire when was first launched in June 2019. The founding 28 members reportedly invested $10 million each although some of them such as Paypal Visa, Mastercard, Stripe, Mercado Pago, and eBay left Libra last October 2019.

Facebook founder Zuckerberg  grilled in a Congressional hearing in October 2019 as  governments began to worry that with 2.6 billion active monthly users this ‘new-fangled’ Libra currency could even threaten the ‘mighty green back’  -...