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 can sympathize with them. Their project is too good but the scale is too large and the US is afraid they will dominate the economy. that will cause much harm to the politics of their country in the future.
I think Libra should scale down and show more transparency through their new approach. This will make it easier for them to pass Congress.