Libra Association Announces 21 Founding Members

14m
dcebrief

Crypto impersonation scammers migrate from Twitter to Instagram

20m
cryptoslate

RSK Increased Its Merged Mining Rewards; Bitcoin Miners to Gain More?

26m
cryptonewmedia

A Wild Centrality Appears in the Top-60 Market Cap — But Why?

44m
beincrypto

Klaytn launches $1M prize pool blockchain app developer competition

1h
cryptonewmedia

HSBC Enacts a Letter of Credit on a Blockchain in Malaysia

1h
cointelegraph

6 Commonly Asked Cryptocurrency Tax Questions » The Merkle Hash

2h
cryptonewmedia

Threatened by Libra, US Central Bankers Reconsider a “FedCoin”

2h
beincrypto

SEC Restarts Clock on Proposed ‘Bitcoin and T-Bills’ ETF

2h
coindesk

Crypto.com sparks cryptocurrency adoption in the US with sweeping expansion

2h
bitcoinwarrior

Gate.io adds Ontology (ONT) to interest earning program

2h
cryptonewmedia

Bitcoin’s 18 Millionth Coin Will Be Mined This Week

3h
beincrypto

Bitcoin Bear Flag Could Cause Crypto Asset To Retest February 2018 Lows

3h
cryptonewmedia

Litecoin new favorite among crypto sextortionists, report

3h
bitcoinwarrior

What is SoloGenic?

3h
nulltx

New Gov’t Initiative to Put South Korean Trade on Blockchain by 2021

3h
cointelegraph

Bitcoin Bear Flag Could Cause Crypto Asset To Retest February 2018...

3h
newsbtc

humankind will swim in it |

3h
cryptonewmedia

Bitcoin Will Break Out Again in November, Suggests Cryptocurrency Trader

4h
beincrypto

Grayscale: Q3 Saw Record High Inflows, Growing Institutional Interest

4h
cointelegraph

Blockchain is the future: humankind will swim in it

4h
bitcoinwarrior

What is Algorand (ALGO)?

4h
cryptonewmedia

CME: Bitcoin Futures Interest Still Strong

4h
bitcoinnews

Ford Uses Blockchain Tech to Track “Green Miles” Driven By Vehicles

4h
cointelegraph

Lisk Reduces Block Reward by One Third, Further Slowing Growth

4h
beincrypto


Billionaire Mark Cuban Says Facebook’s Libra a Big Mistake

cointelegraph

3mon ago

Dallas Mavericks basketball team owner and billionaire entrepreneur Mark Cuban defined Facebook’s Libra stablecoin a big mistake in an interview with CNBC published on July 12.

During his interview, Cuban commented on the social media giant’s cryptocurrency endeavors. He said:

“I’m not a big fan of what they’re doing there. [...] I think it’s a big mistake.”

Cuban reportedly explained that he is more concerned about Libra’s global impact than the impact it will have in the United States. Per the report, he noted that “globally and in countries where there isn’t a lot of rule of law, or a lot of government stability, or currency stability, then it could be dangerous.” He declared:

“There’s going to be some despot in some African country that gets really upset that they can’t control their currency anymore and that’s where the real problems start occurring.”

Two years ago, Cuban announced that he is planning to invest in a digital currency after previously calling Bitcoin (BTC) a bubble.

“I think it's in a bubble. I just don't know when or how much it corrects. When everyone is bragging about how easy they are making $=bubble,” he said in June 2017.

As Cointelegraph reported earlier today, United States President Donald Trump voiced his opposition to cryptocurrencies as a whole, citing Bitcoin and Libra specifically. Coinbase CEO Brian Armstrong commented that the fact that he felt the need to bash Bitcoin publicly feeds the narrative that it is both independent of global powers and unable to be crushed by them.

On the other hand, Bank of England governor Mark Carney said yesterday that people need to acknowledge the issues Facebook is attempting to solve with Libra, regardless of the project’s potential downsides.

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments