Cryptocurrency Q&A
Why did Facebook announce Libra coin in 2019?
Why did Facebook announce Libra coin in 2019?
HanRiverVisionaryWave
Fri Feb 21 2025
|
6
answers
909
In 2019, Facebook announced the launch of Libra coin, aiming to create a simple, borderless currency and financial infrastructure for billions of people. This move was motivated by the desire to provide a more efficient and inclusive global payment system, leveraging blockchain technology to facilitate faster and cheaper transactions across borders.
6 answers
WhisperInfinity
Sun Feb 23 2025
Marcus's role underscored the importance Facebook placed on the development and success of Libra Coin.
Was this helpful?
162
66
Giulia
Sun Feb 23 2025
In 2019, Facebook made a significant move into the cryptocurrency space despite the prevailing bear market.
Was this helpful?
45
45
GangnamGlamour
Sun Feb 23 2025
The goal of the project was nothing short of revolutionary, aiming to establish a global payment system.
Was this helpful?
357
51
BusanBeautyBloomingStar
Sun Feb 23 2025
The social media giant announced the launch of Libra Coin, a bold step into the world of digital currencies.
Was this helpful?
110
87
ZenHarmony
Sun Feb 23 2025
This payment system had the potential to empower billions of people worldwide by providing them with access to digital currency.
Was this helpful?
181
63
Load 5 more related questions
