Zuckerberg’s new financial order


 

Facebook scares a lot of people. Cryptos scare a lot of people. We at ACC doubt crypto sustainability and don’t like the idea of Facebook taking over money.

(From Bloomberg)

Led by the social network with more users than the combined population of China and the U.S., the project represents a potential challenge that the guardians of money have never faced: a global currency they neither control nor manage. And while the megabanks and their regulators face no short-term threat to their command of finance, advocates of cryptocurrency say the future has arrived and that there’s no turning back.

Reprinted from: https://www.ac2news.com/2019/06/zuckerbergs-new-financial-order/

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