Zuckerberg: if legislators trust is not gained, we will exit from project Libra
CEO of Facebook in a hearing in front of the Congress said that Facebook is no longer in the position of project controller and the operation of Libra is independent.
What do you think about this?
I was suggesting this idea last week in my post on Facebook. In fact, it is getting too late because the exit of Facebook from Libra should have been done months ago. The biggest reason why many regulators and politicians are not giving Libra a gate pass is because Libra is heavily associated with Mark Zuckerberg and his Facebook. They are concern that what happened on Facebook regarding privacy and data leaks can also be done in Libra and of course they are raising issue with Libra being a centralized platform controlled by a few individuals and organizations. I am pushing that Mark should do the divestment as soon as possible maybe tomorrow at 12:00 PM. Mark, come on, please do it.