The #Libra Association has announced it’s planned for a simple global currency and financial infrastructure.
Find out more https://libra.org/en-US/
The #Libra Association is today announcing plans for a simple global currency and financial infrastructure. Find out more https://t.co/VPS7LllcNn #blockchain #cryptocurrency pic.twitter.com/mdHymhsrcH
— Libra (@Libra_) June 18, 2019
The Libra Association was initially composed of a handful of large firms, but PayPal Holdings has since severed ties with the project.
Though it seems that even though PayPal may have stepped out of the picture, Facebook is now taking that place. Facebook CEO Mark Zuckerberg is set to testify before the House Financial Services Committee over the platform’s plans to implement its own digital currency. Sources close to the matter this week said Zuckerberg will be the only witness at the hearing later this month.
Though online currency makes people feel uneasy pure and simple is due to the unpredictability and the wild market cycles of similar currencies like Bitcoin. This makes Global regulators wary of how digital currency will impact the financial system. The Libra currency was created to boost e-commerce and advertisements within Facebook with plans to release the cryptocurrency in 2020, but a number of factors may halt the company’s progress. The real concern is that Facebook has data on billions of people and has repeatedly shown a disregard for the protection and careful use of this data it is also agreed that Congress and regulators have the opportunity to examine the consequences of what happens if Facebook creates such a currency.
Moving money around globally should be as easy, cost-effective and even more secure than sending a text message or sharing a photo — no matter where you live, what you do, or how much you earn. https://t.co/Eea4vMKYlv #Libra #FinancialInclusion #blockchain #cryptocurrency pic.twitter.com/WXw9Rypxmj
— Libra (@Libra_) June 20, 2019
What do you think?
Help Support Peter Boykin and Maga First News:
Join SubscribeStar at https://www.subscribestar.com/peterboykin
Join Patreon at https://www.patreon.com/peterboykin
or One Time Donation at https://www.paypal.me/magafirstnews
Follow – Peter Boykin
at Telegram – https://www.T.Me/PeterBoykin
at Facebook – https://www.Facebook.com/PeterRobertBoykin
at YouTube – https://www.YouTube.com/PeterBoykin
at Reddit https://www.reddit.com/user/peterboykin/
at Instagram https://www.instagram.com/peterboykin
Purchase Peter Boykin’s Book #RussiaGate: Truth, Post-Truth, or Damned Lies?!
New photos taken of a North Korean shipyard suggest the country could be building a submarine that could potentially be capable of launching a nuclear missile.
#StraightPride in Boston in Danger of being Blocked by Mayor in Tricky way:
The Boston Police and their FBI liaison told them yesterday that if Antifa or any militant LGBT groups block out parade they will let them. Then they will let the clock run out on our permit so their speakers can’t speak on the stage they paid thousands for. If anyone did this at the LGBT parade they would immediately be thrown in jail. It is outrageous. Everyone should call Boston City Hall today at 617-635-4500 to complain. Mayor Walsh is a Fascist.
Puerto Rico prepares for Dorian’s wrath
Puerto Rico is bracing for a possible direct hit from Tropical Storm Dorian on Wednesday as forecasters say it has shifted in its path and could strengthen into a hurricane. The storm is expected to pass over or near western and central Puerto Rico, with landslides, widespread flooding and power outages possible. President Trump declared an emergency Tuesday night and ordered federal assistance for local authorities.
New photos taken of a North Korean shipyard suggest the country could be building a submarine that could potentially be capable of launching a nuclear missile, a report early Wednesday said. The photos show vessels and cranes that could be used to haul a missile out to sea for launch, according to experts at a Washington-based think tank, NBC News reported. The satellite photos seem to confirm North Korean state media reports from July about a newly built submarine. “There is no conclusive evidence at the moment that this is a near-term certainty,” an expert said of a possible missile test. Once a submarine is built, it would take at least a year before it’s ready, according to an expert.
DC consultant’s alleged affair with ‘Squad’s’ Omar detailed in divorce papers
The wife of a prominent Washington political consultant has filed for divorce, claiming her husband made a “devastating and shocking” revelation that he was having an affair with freshman Rep. Ilhan Omar, D-Minn. Beth Mynett, 55, submitted divorce papers in Washington, D.C., Superior Court on Tuesday, saying her husband, Tim Mynett, 38, informed her earlier this year that he was having an affair with Omar.
The news of the divorce filing, first seen in the New York Post, comes just over a month after it was reported that Omar had separated from Ahmed Hirsi, her husband and father of her three children, and moved into a luxury penthouse in Minneapolis.
OxyContin maker Purdue Pharma is settlement talks over opioid cases
State attorneys general and lawyers representing local governments said Tuesday they are in active settlement talks with Purdue Pharma, the maker of the prescription painkiller OxyContin that is facing billions of dollars in potential liability for its role in the nation’s opioid crisis. Purdue has been cast by attorneys and addiction experts as a main villain in the crisis for producing a blockbuster drug while understating its addiction risk. Purdue Pharma and its owners are reportedly looking to settle more than 2,000 opioid cases in a deal between $10 billion and $12 billion.
NYPD arrests slump in wake of the firing of officer accused in Garner case, report says
The firing of NYPD Officer Daniel Pantaleo, who was involved in the fatal arrest of Eric Garner in 2014, appears to have already had an effect on the Big Apple, with the number of arrests dropping sharply compared to 2018 and cops warning of plummeting morale among New York City’s finest. Just between Aug. 17, when Pantaleo was fired, and Aug. 25, arrests dropped by 27 percent compared to the same period in 2018, the New York Post reported. NYPD cops made 3,508 arrests compared to 4,827 a year earlier, according to the Post.
Papadopoulos specifically requested the Department of Justice look at the dollar bills given to him due to the department’s probe into the origins of the Russia probe, with Papadopoulos being used as a reason to start an investigation. The money is believed to be supplemental evidence as the Justice Department is getting closer to acquiring transcripts of recorded conversations between Papadopoulos and an alleged informant of the FBI — Stefan Halper.
“They were looking to make a conspiracy case, using me with this fake information to then hurt Trump…what they were trying to do is fabricate a conspiracy among the Trump campaign and President Trump using their own people,”
Former Trump campaign aide George Papadopoulos is going to Greece to return ,000 given to him for reasons he believes constitute as entrapment. Papadopoulos claims the money is marked bills, and was given to him in a plot by the Obama-era FBI and CIA to charge him with a violation of the Foreign Agents Registration Act. The money aroused suspicion with Papadopoulos, prompting him to turn it into his lawyer where it has been stored in a safe.
“All my work was actually dedicated to undermining Russian influence and interests throughout the world
yet I find myself somehow as Patient Zero of a Russian conspiracy, and that was the moment when I realized how dominant and how manipulative PSYOPs (psychological operations) are,”
said the former Trump campaign aide.
George Papadopoulos, a former member of the foreign policy panel to Donald Trump’s 2016 presidential campaign, poses for a photo before a TV interview in New York, New York, U.S., March 26, 2019. REUTERS/Carlo Allegr
Papadopoulos was approached by a man named Joseph Misfud in 2016, who told him about Russian knowledge of dirt on Clinton. Papadopoulos then urged a Department of Justice investigation into the Obama-era FBI’s role in starting the Russia probe and fueling the “collusion hoax.”