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
Discuss picked. It to talk you know listen today to talk. The talk you want talk you get your muti you wander in as a result or as a result and dug up and get out of detention because in the water nobody. Is very very disciplined but noted to me what have demanded my feet suki what you dont kundu yes everybody i want ill know desegregate but indulge in disciple of jesus have to. We dont there just mystically not be again if you do not do it here in or out i would go. To open then and look for you. In this in the. Hope that you stick where you dont call on both in honesty thats whats missing a whopping good we welcome you once more i think proof like member of which social group. Thank you very much for your apology in the remarks of. Yeah i dont want you to wonder. What theyre going to be when they. Mean. Good morning to everybody. Today i get to listen. We do we go on now as the names of people that we go to for travel decide that the following 6 will go to support libya. Before. Anyo
On the part of all parties private sector Public Sector International Organizations and the parties on the ground and their neighbors the i. M. F. Expects the Palestinian Economy to think by 1. 6 percent this year and says unemployment stands at 30 percent in the occupied west bank and 50 percent in gaza but the palestinian leadership has rejected the plan and was absent in manama it hasnt had any contact with the u. S. Administration since President Donald Trump recognized jerusalem as israels capital a Senior Palestinian official says the whole basis of economic plan is built on the wrong assumptions the most basic ones is that the arabs can deliver palestine the palestinians or that the arabs can sign on behalf of the palestinians or. The arabs will even foot the bill. But of this. Or that the palestinians will substitute freedom and dignity and selfdetermination for a fistful of dollars. People in gaza and the west bank have been protesting against it many wondered if there will be