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Transcripts For DW Business 20190618 13:45:00

This is business a zone d. W. News i was in berlin welcome can facebook take cryptocurrency mainstream the Worlds Largest Social Network unveiled the digital coin it plans to roll out next year the project is called libera according to media reports and proponents say it could revolutionize Digital Payments under a single streamlined currency more than a dozen global firms will invest in and govern the currency like master card vodafone and this group was supposedly wall of control of the currency from facebook itself the facebook coin will be picked so a basket of global currencies like the dollar and the euro or the pound to shield it from the wild fluctuations that has plagued bitcoin and scared off many average investors and potential users but will the new cryptocurrency catch on facebook bets the state of the social Network Alone with 2400000000 monthly users will forge a new huge marketplace for Streamline Purchases and exchanges facebook also says liberal will help to bridge th

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