Home / News / Mark Zuckerberg testifies on Facebook's cryptocurrency plan | USA TODAY

Mark Zuckerberg testifies on Facebook's cryptocurrency plan | USA TODAY



Mark Zuckerberg testifies before the Financial Services committee on Facebook’s cryptocurrency project.
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Facebook chairman and CEO Mark Zuckerberg is scheduled to testify before the House Financial Services Committee Wednesday on the company’s troubled Libra cryptocurrency project as well as accusations that Facebook’s ad practices violate the Fair Housing Act. Facebook planned Libra as a digital currency that could open online purchasing to people who didn’t have access to bank accounts and also reduce the cost of sending money across borders. But after lawmakers and regulators raised concerns, major partners such as Visa, Mastercard and PayPal pulled out. Committee chairwoman Maxine Waters, D-Calif., said, “Facebook is continuing its unchecked expansion and extending its reach into the lives of its users,” in a statement reported by Reuters.

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28 comments

  1. God Bless the members of congress in the name of Jesus christ amen

  2. I want my dam child I will shut this shit down overnight, bring him home or I'm suing the government for 50 trillion very soon

  3. Dismantle this platform and others like it

  4. Without me u got nothing, I would lead real integrity and reform

  5. Current crypto already curruption and ofsets our Dollar u have no intelligence with Facebook your people are fully exposed to your enemies do not allow this crap u allowed c.i.a takeover never again

  6. To think: These dipshits sit around doing this sort of circle jerk — funded with stolen money — all day, every day.

  7. DAMN I LOVE MR. BARR!!!! Thank you sir, that was awesome!

  8. the black is obviously a shit

  9. Wasre of taxpayer dollers they make me sick 🇺🇸

  10. How do u control lies from individuals like those dems dont lie thier full of crap they sound so stupid retire old Lady.🇺🇸🇺🇸 oh now its a trial is mark being charged they think thier above the law let trey gowdy in there those dems fear him….🇺🇸🇺🇸

  11. That lady needs to retire she an idiot she dont evan know what the hell she talking bout thats the dems for u right away the race thing look at her district its a slum take care of ur peple who put ur silly ass hud she an idiot trying scare tactic he could just walk out thier still talking bout 2016 move u morans geees🇺🇸🇺🇸😎😎

  12. he;s trying to bring all the nations togehter lol

  13. Great idea but get your shit together. Money is your god dude, sad

  14. This is why I watch the actual footage instead of taking 5 minute clips of people "grilling" Zuckerberg at face value.

  15. US regulators such as SEC and CFTC,OCC should give permission to Libra project by Facebook…if they don't they are stopping innovations …..

  16. Wait I thought Black minorities couldnt get the fair information becuz thevObama phones weren't android? Then they didnt have enuff mins, then they were all felons n then becuz Hillary didnt pay for the chicken dinner? Oh wait Hillary moved to Harlem n not Crenshaw n the biggest she didnt have Oprah or Denzel as her vice president? Ohohoh i know voting booths didnt give food baskets n by the time they woke up after the kids left the baby woke up n ur c9usin was late the baby dad was late giving u money then hell QUANISHA was at the club so u forgot

  17. Does Zuck's mom still cut his hair or did he hire the hair stylist from "Dumb and Dumber"?

  18. We in rural America have better internet than he coast. Most of us have gig connections.

  19. Government enforcement of "diversity" should terrify everyone

  20. Go to Libra.org, scroll down to bottom. “ powered by WordPress vip” can you trust put your money to Libra, they even don’t build their website by themselves. Their system has any problems, your money won’t be your money. Facebook has big system problem. Their system block normal user by mistake due to algorithm wrong, and you can’t contact them to solve your issues, they don’t have any customer service. That shit only care about making money, never care about you.

  21. Excellent quote on John Stuart Mill.

  22. There is better ways to advance then Marks facebook, even getting rid of ecommerce and going to newer concepts leaving behind the Personal computer, and isolating for security reasons the commerce into its own field, to secure the economy and keep it from the hands of men like Mark. How trust a bunch of Silicone valley acid heads who recreationally use lsd so they can imagine out these ideas they come up with. Psychotic computer geeks and inventors on dope, Elon Musk and all the nuts on dope wanting control over ecommerce. They might as well be helping the communist, if they unsecure our money any more, the communist will come up with a safer system, and people will want to let them do the banking or use their system, all around the globe. China needs us to be unsecured so they can sell their counterfeit products, rip off scams and counterfeiting is a trillion dollar industry, India and China, Nigeria and wherever else need us to let facebook to do this crypto currency.

  23. Mark is undermining the Governments of the whole world using our nations constitution. What Zuckerberg in his family or ancestry ever defended the constitution or upheld it. Money is a Government instrument, symbol of real value not pretend value. Might as well be counterfeiting, its to deceive people about fake currency. So a bunch of people can do nothing of value and get rich from it supposedly cashing out using real currency after using fake currency to add up the value. The internet is deceptive. Merchants should stay merchants not try to become Sovereign emperors who own the money of the world. Its like the Burger King becoming ruler of the whole universe. These computer geeks have made their mark in America for a long time, human being are not computers, machines, or inventions. We don't have a virtual country , we have a real one, we are real, not facebook accounts that can just be deleted or blocked. Facebook is an uneeded organization, Mark stole Myspace and Yahoo groups concepts, he cashed in on them undermining like he is now. In fact the real inventors like Tesla never got so wealthy. Even Bill Gates was using someone elses operating system who didn't get so wealthy, Steve jobs was fired from his own company. Mark isnt American he is like most computer geeks , he is some economic anarchist or globalist business nut wanting a stateless company using the state to do it.

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