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Live: Senate vs. Facebook's Libra, Why Facebook?

Sofia Cabrera

Summary: Senator Schatz, states that Facebook has had a lot of problems, “why are you trying to move on a new big thing… the question is why to facebook… some argue that facebook is too big and too powerful but now it was to move into currency.”  Senator Schatz asks, “What do you say to do someone ...

Senator Schatz, states that Facebook has had a lot of problems, “why are you trying to move on a new big thing… the question is why to facebook… some argue that facebook is too big and too powerful but now it was to move into currency.”  Senator Schatz asks, “What do you say to do someone maybe before you do a thing this big make sure you’re your own shop is fixed?” To which Marcus replies, “To continue to innovate the people we serve, we hope to do the same for them when it comes to access to currency. We have the ability and means to help the people we serve and we have the resources and engineering talent.”

Author: Sofia Cabrera

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