Is Facebook the Worst Possible Answer to Crypto Currency? | #AskSkylerLive 72

?On this episode of #AskSkylerLive we are talking about some very recent news that just dropped, Libra. Facebook is coming out with a crypto currency marketed towards those who don’t have access to a bank account. Hear Skyler’s predictions and much more!?

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Questions Asked:

1. 1:50 Facebook released a whitepaper that stated they will be launching a crypto currency called “Libra.” They’ve received backlash for planning to enter the crypto payment industry when there are no regulations surrounding it. Do you think this will have a negative impact on Facebook?

2. 6:43 Based upon Facebook’s track record of privacy invasion and circulating fake news, should I be weary to trust them with my money?

3. 11:08 Do you think Facebook teaming up with 27 other partners to have equal oversight of Libra’s operations is a positive move going forward?

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