Libra: All You Need to Know About the Facebook Cryptocurrency

Libra: The truth is: Facebook has announced the launch of its own cryptocurrency, Libra, in the month of June.

The digital coin was launched as an alternative to the traditional financial services for many people around the world. These people basically lack access to banking. Many people are fearing that Libra is going to threaten the government-backed currencies and consumer privacy. Facebook, with the introduction of Libra, is presumed to be a leader in the global financial system.

Libra is nothing but a digital coin anchored with the same block chain technology as that of Bitcoin and Ethereum. This is one such virtual currency which is backed by companies like Mastercard, Visa, and Uber. However, it should be kept in mind that this currency is not backed by any bank.

The goal of the book is simple: The book is a comprehensive resource to know about Libra and its differences from Bitcoin and other cryptocurrencies. It also stresses on the reasons as to why Libra will be a success.

You will also learn:

The Libra and block chain The reasons why Libra will be a success Why Facebook will be the new global bank How to pay with Libra Methods on how to invest with Libra Some key points about Libra What the Libra skeptics think Frequently asked questions about Libra

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© 2020 Richard Michael (Lydbog): 9781664911437

Release date

Lydbog: 27. september 2020