Tech CEO urges calm amid ‘mass exodus’ from Facebook’s Libra
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Tech CEO urges calm amid ‘mass exodus’ from Facebook’s Libra


AND TODAY BOOKING ALL EXITED FACEBOOK’S CRYPTO CURRENCY PROJECT WHILE THE LIBRA ASSOCIATION MEETS TODAY IN GENEVA TO REVIEW A CHARTER AND APPOINT A BOARD OF DIRECTORS. OUR NEXT GUEST SAYS EVERYBODY CALM DOWN ABOUT LIBRA. IT’S STILL IN ITS INFANCY. WE WELCOME CO FOUNDER AND PRESIDENT OF COIN LIST WHICH HELPS CRYPTO COMPANIES RUN THEIR NETWORKS AND MANAGE THEIR TOKEN SALES. CALM DOWN IS WHAT YOU SAY.>>CALM DOWN IS RIGHT. I THINK WHAT’S HAPPENING HERE IS THAT COMPANIES THAT SAID THEY MIGHT BE A PART OF THE LIBRA ASSOCIATION ARE GETTING LETTERS THAT ARE REALLY AGGRESSIVE FROM THE U.S. GOVERNMENT, IN PARTICULAR, TWO SENATORS SENT LETTERS TO VISA MASTERCARD AND STRIPE AND SAID YOU NEED TO NOT BE A PART OF THIS ASSOCIATION. IF YOU BECOME A PART OF IT, WE WILL REGULATE YOUR ENTIRE BUSINESS, NOT JUST THE PART DEALING WITH LIBRA. THAT’S PRESSURE THESE COMPANIES CAN’T DEAL WITH. LIBRA HASN’T LAUNCHED YET. IT MAKES THEM TO TAKE A STEP BACK. CALM DOWN EVERYONE. THERE’S A LOT OF OTHER INTERESTS FOR MANY OTHER COMPANIES ACROSS THE WORLD BEING A PART OF THE ASSOCIATION, THESE COMPANIES HAD TO STEP BACK AFTER SOME PRESSURE FROM D.C. LIZ: THE LOGO YOU CAN LAUGH AT IT BUT IT SHOWS A LITTLE BIT OF EITHER ARROGANCE LIKE HEY LET’S JUST THROW SOMETHING OUT THERE OR OUTRIGHT DID WE KIND OF RIP THIS THING OFF OR JUST NOT SORT OF FORWARD THINKING ASPECTS WHICH I WOULDN’T IMAGINE WOULD COME FROM FACEBOOK?>>YOU ARE POINTING OUT SOMETHING IMPORTANT HERE WHICH IS THAT LIB RA IS LAUNCHING AS PART OF FACEBOOK OR COMING OUT OF FACEBOOK IT IS NOT A BRAND NEW START UP WITH NOTHING BEHIND IT WHERE YOU CAN FORGIVE MISTAKES. EVEN ON THE REGULATORY SIDE OF IT, THIS HATRED OF FACEBOOK THAT’S BUILT UP IN D.C. AND THE LIBRA LAUNCH WAS A MOMENT FOR IT TO POUR OUT. THERE WAS A LOT OF HATRED DIRECTED TOWARDS THE NEW PROJECT LIBRA AS A RESULT OF ALL THE BAD WILL THAT FACEBOOK HAS BUILT UP OVER THE LAST FEW YEARS. YOU ARE SEEING THAT WITH THE LOGO EVEN. WHY WOULDN’T YOU GO AFTER A MULTIBILLION DOLLARS COMPANY FOR A LOGO INFRINGEMENT. LIZ: RIGHT WHEN YOU THINK A JURY OR JUDGES WILL GO ON YOUR SIDE. A POINT WAS ALSO MADE SAYING THAT THE PRIVACY ISSUES THAT FACEBOOK HAD A YEAR AND A YEAR A HALF AGO HAS AFFECTED FACEBOOK’S ABILITY TO LAUNCH THIS FORWARD. THIS IS WHAT HE HAD TO SAY>>I THINK HAD A DIFFERENT COMPANY OTHER THAN FACEBOOK TAKEN A LEAD POSITION AND SAID HERE’S A REAL OPPORTUNITY AND FACEBOOK JOINED MAYBE WE WOULD BE IN A DIFFERENT PLACE. AS A CORE OF ANY FINANCIAL TRANSACTION, ANY FINANCIAL CURRENCY, U.S. DOLLAR, ANYTHING, IT IS ABOUT TRUST. LIZ: WHAT DO YOU MAKE OF THAT?>>I THINK HE’S EXACTLY RIGHT. THEY HAVE BUILT UP THIS LACK OF TRUST OVER THE LAST FEW YEARS PARTICULARLY IN D.C. AND PUBLIC EYE WITH SOME PRIVACY ISSUES AND THAT IS MAKING IT REALLY HARD TO LAUNCH SOMETHING NEW THAT HAS PRIVACY AS A CORE VALUE ADD THAT IT IS PROVIDING AND SETTING IT REALLY FAR BACK. COMPARE THAT TO SOME ASSETS THAT HAVE LAUNCHED A LAST FEW YEARS, EVEN LOOKING AT BITCOIN THAT WERE ABLE TO LAUNCH WITH A NEUTRAL STANCE WITH NO BAD WILL BUILT UP BEHIND THEM, IT’S MUCH EASIER FOR THEM. LIZ: WHEN FACEBOOK FIRST ANNOUNCED THE CRYPTO PROJECT THEY SAID IT WOULD BE BIGGER THAN BITCOIN WHICH YOU WOULD IMAGINE BECAUSE THEY HAVE A 3 BILLION USER BASE, IT IS A HUGE COMPANY, IN MEAN TIME NOW YOU WONDER DID IT BITE OFF MORE THAN IT COULD CHEW?>>I DON’T THINK THE LAUNCH WENT THE WAY FACEBOOK WANT IT TO GO. NO QUESTION ABOUT THAT. A LOT MORE UPROAR THAN THEY THOUGHT. IT WOULD HAVE BEEN EASY TO SEE A LAUNCH WHERE THEY MADE BIG CLAIMS, GOT FEEDBACK, THEN LAUNCH IT AND HAD IT REALLY EXIST AND SEE HOW IT WENT. UNFORTUNATELY THEY ANNOUNCED IT, MADE BIG CLAIMS AND THERE WAS ALL PUSHBACK. IN RETROSPECT IT’S MADE IT LOOK LIKE A BAD LAUNCH. LIZ: THEY ARE THINKING MORE ABOUT ZUCKERBERG VERSUS WHAT FACEBOOK COULD ACTUALLY DO WITH THIS VERY NEW AND DEVELOPING CURRENCY THAT A LOT OF PEOPLE I SPEAK WITH SAY HEY, IT COULD ADD TO MONEY FLOWS ACROSS THE WORLD. SO YOU DON’T WANT TO KNOCK IT

96 thoughts on “Tech CEO urges calm amid ‘mass exodus’ from Facebook’s Libra

  1. Suckerburg and his conjob Facethefactsbook are going down, down, down…
    Now that Americans know Suckerburg is a Anti-Democratic Process Fascist
    ————–> [dims + corporate media}———————->
    … they've had enough of being used exploited and politicized…. bye Sucker

  2. If you accept applemoney or card, libra crap, bitcoin etc… you are going to be controlled within a couple years!!! You'd be under social rule!!! One like china which microsoft-google-facebook!!! Get rid of them!!! How many times sre you going to let them screw you?

  3. I hope the US government and justice system mans up to Regulate all the silicon Valley companies that controls content!!!!!!

  4. This sucker wants evil Xi to pick the name for his first born!!! That's really telling in my opinion. What kinda sick person would want his first born's name pick by a dictator?!

  5. We need to educate the public between the difference between Decentralized Cryptos (BTC, ETH, LTC, DGB, etc.) & the MANY centralized crappy cryptos that ARE out there, including Libra.

    They(the Gov't.) Know BTC is unstoppable & the coming Fiat transfer into BTC & others is fast approaching. But, Libra coin had to be STOPPED ! Very bad coin/No Privacy, 3ird party control over your funds. No Way!

    The Fed had to come down hard on BTC in order to Stop the SH*T coin Libra. It will make it easier to hold up in court. Thereafter, look for new Regs. on Cryptos to be created, imo.

    BTC is growing as the Global Unit of Measure & trading for Many & it is TRUSTLESS (no one is needed to be trusted, high security), Transparent(the transaction can be quickly viewed on the block-chain), Immutable(unchangeable, VERY Important), Decentralized (leads by Miner's Consensus, no leader or owner) & constantly Self-Improving, & very inexpensive to quickly move your money Anywhere Safely! FREE

  6. One of the censorship kings(facebook), those "ban anyone who doesn't bow to us" companies are starting a crypto scheme. No thank you.

  7. Libra is dangerous. It’s money tied to free speech and social scores. “All your bases are now belong to us”. Welcome to God Mode.

  8. This guy works for a bitcoin trade company so of course hes lying. Bitcoin is used for terrorists and funding dictators and Facebook will allow the same terror to proliferate as it did with isis using Facebook and every other terror group including antifa. Facebook needs to be broken up asap.

  9. Just buy BTC, ETH and XRP. Any coins made by these "companies" like Facebook, Amazon, etc are nothing more than digital dollars that can be "printed" out of thin air. Limited supply of BTC, ETH & XRP just like gold & sliver… AKA REAL MONEY AND CANNOT BE MANIPULATED OR CENSORED!

  10. I find it ironic how people forget the obvious, and just put blame on the one they want. Government has a right to be leery. Words like calm down, tells me to be a little more suspicious.

  11. Give Facebook more power? What could go wrong with that? They already ban and punish people for their politics and opinions so why allow them to be in charge of our money? It's the same as giving all that power over us to China. Do you really want your Facebook account account tied to your ability to access your money?

  12. Nah I don't trust these guys I'm gonna start my own currency I'll call it Beer Bucks ™ … I'll be selling them on eBay for $3.99ea

  13. It's truly insane how close to "Global Hegemony" these Democrats/Progressives/Communists these idiots were able to get. I mean, in the end it's all smoke and mirrors and they would have been DESTROYED in a war. Especially now that we know the "pointy part" of the military hates them vehemently….

  14. What the hell you people talking about ??? What the heck is Bitcoin ??? What the heck is Facebook and what the heck is Libra ??? I just moved from my farm in the mountains to a big city and I’m running back to my farm and animals where everything is NORMAL because I am sooo confused !!! 😔😔😔😔😔😢😢😢😢😢

  15. It gets worse… think of all those sexist women who use Suckerburg's Facethefactsbook to badmouth and alienate men like scapegoats for women's bad behavior & irresponsibility…
    You can't ban irresponsible women who hate men from Suckerburg's Facethefactsbook of hate… nor can you ban irresponsible men who cow tow to bad behavior… Get out now!!!
    Facethefactsbook is hate, division, sexism & political lies all wrapped up in escape from fear loneliness and isolation… antidote = face your fears, get a life, become a real individual,
    Facethefactsbook is the worlds main escape from reality, now take a good look at the world

  16. Digital money THINK ABOUT loose Power loose your digital EVERYTHING and we are going to loose everything in the future and it is closer than any of us know. War, civil war all will be lost in the digital world.

  17. Hey, everyone. Let's give ALL our money to a company that bans political dissent and kowtows to foreign governments. They'll never get mad and freeze our accounts.

  18. Not me not interested in anything else online Already computers have screwed up enough in society including destroying social processes.

  19. Protect being anonymous online and free speech. Also people have the right to freedom from technology. Any digital currency should always have physical cash or coins for people that don’t use tech.

  20. Facistbook must be destroyed ! Cuckzuck LIED LIED LIED to every user and exploited our personal information and sold it to the highest bidder ! This scumbag deserves to rot in prison and his fortune and property divided up and every person that used FB GETS reimbursed for selling our data without consent. Rotten maggot !!

  21. Yea, " Libra " don't think so [email protected]'s. Anything with that kind of name coming from them type of people, any relatively smart business man would know to steer clear from that. Get woke, and go broke !

  22. How about we take printing MONEY FROM THE "FED" AKA FOREIGN BANKS and back to the treasury. THEN Libra and other "crypto" currencies would be moot. Bring back Gold standard and REAL money. These currencies are the new "Tech" bubble…

  23. I do not have FB nor does anyone in my home. By the way that is by their choice. I personally will never have FakeBook again nor will my wife. Zuckerburg has shown his true colors and his agenda. We want no part of it.

  24. i am not a fan of libra, coz everyone will stop using cash and it is really against working class and companies. I would love cash and people not knowing how much capital everyone has. It is against our privacy.

  25. I hope Libra fails. It gets the foot in the door of a global currency controlled by unelected technocrats who are clearly biased left and do not hesitate to censor. Stay as far away from a China social credit system as possible.

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