3 Questions: Facebook Wants Us to Trust Their New Currency
Recently, Facebook, Inc. made headlines with a controversial new announcement: within a year, the social media giant will launch a new digital currency called Libra. On its face, it’s an exciting development. If Facebook’s rollout goes as planned, consumers will be able to transfer money to anyone – and buy anything, anywhere – all without a bank account or credit card. For the 1.7 billion people without banking access, Libra could be the miracle gateway to the global economy.