That libra would not be limited to those for membership regulators were satisfied it would not be a source of instability but his message that his only concern is a level financial field was met with skepticism here for every term 00 washington. Lets take a closer look at libor that its a Digital Currency being developed by facebook which would allow users to buy products and transfer money and nearly no fees unlike bitcoin libras value will be tied to National Currencies and subject to supply and demand Facebook Says it would not fully control the currency but have just one vote in the libor association originally the libor association had 28 founding members but now as youve been reporting 7 Major Players have left the project including pay pal visa master card strike and joining me now is glen goodman author of the crypto trade up so it was quite the grilling that Mark Zuckerberg had today in front of congressional lawmakers did he really have any hope of winning them over on this i
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