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2019-07-06 01:06:42

Facebook head of blockchain to face US Congress to build dwindling image

David Marcus, the head of the blockchain at Facebook’s Libra project, plans to see the US Congress in order to demonstrate that Libra stablecoin is going to be more decentralized than is expected of it. The launch of Facebook’s Libra created huge controversy in both the crypto ecosystem as well as the internet across the globe. This move by Facebook established a secure reputation of cryptocurrencies in modern finance. Previously people called it a Ponzi scheme but seeing as one of Silicon Valley’s most notable names is investing in it, it is sure to improve its reputation and people’s trust