Facebook’s Libra currency will get half its backing from the US dollar

This isn’t surprising given Facebook’s home turf and the usual strength of the US dollar. The absence of certain currencies might work in Libra’s favor, too. The absence of China’s yuan could appease American politicians scrutinizing the currency by assuaging… Found this page useful? Please donate to our Bitcoin Wallet: 1FmA87x9GrwnYCVvBUEh1yfnPScivdJn4a #facebooklibra

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