A record breaking day for hong kong elections the highest voter turnout ever after nearly 6 months of violent demonstrations the polling was seen as a way for voters to officially take sides in this deeply divided city of 7000000 back the probating candidates and the Hong Kong Government or those who support greater democratic freedoms for hong kong in line with the protesters who have been fighting to push back on what they see as an increase in control from mainland china. He said that she needs a lot to hong kong the older generation who. Are the only generation hopes for change i think more people actually coming out to have a say in what they want rather than. Like some other can chase cities that are leaving father like china to decide what we want from hong kong its usually a sleepy election to select a low level local government positions but many woke up early to vote as there was concern that unrest could mean the polling could be cut short for the prodemocracy camp is about
Theyre so united and there are so or to gather to actually try to win something joshua one was disqualified for running but his party claimed victory in his electorate unseating the incumbent post councilor remarkable achievement in that this election is the advantage of hong kong especially. Protests are a hotline for lying theres the prey the price span the time or even sacrifice in the protest movement until now the probation parties held the majority in the District Councils but anger against the government eroded their support theyve apologized to the public for misreading the vote those aligned to the post camp say its a nightmarish result and the citys government will need to reassess the peoples demands have spoken quite loudly and clearly havent so i believe what we now do is. Make major demands and whether any of them can be dealt with by the more satisfactory then before the District Council elections are traditionally and uneventful polls but after 6 months of antigovernmen
We will be active in payments services, congresswoman, and enable all of these people who dont have access modern Payment Systems to move their money around and have access to World Economy and will be in the payments business, as far as colibra wallet. Let in ask you another question on governance. In your open statement you said it would nothing be overpowered by facebook because you would only have one vote. So, in the world of banking, because in my mind its still banking, were dealing with a lot of banks who merged so lets sea with your one vote you would buy stripe or you would buy spotify. Would that now just give you the one vote or guff you more control . Because we know these things merge and get bought out all the time. So if you bought to the things would that give you more power. It would not, congresswoman, because in the way that the governance is currently structured no one entity can have more than one voice or one percent of the vote. So let me go to someone asked bit
Facebook has announced plans for a new Digital Currency, called libra. David marcus testified for the House Financial Services committee. The committee will come to order. The chair is often recess of the committee at any time. This is entitled based proposed crypto currency an impact on consumers, investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the us dollar this venture is slated to be based in switzerland, which has a history of creating a have
Investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the us dollar this venture is slated to be based in switzerland, which has a history of creating a haven for criminals and shady corporations. This plan includes serious privacy training, and monitoring of policy concerns. With 2 billion users, will have immediate access to these products, but also from consumers, festers, and the global economy. In addition, facebook has proposed government guarante