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France Hardens Position Against Facebook’s Libra Currency

France says Europe should block Facebook's Libra and create a public alternative to the digital currency

9/12/2019 8:00:00 PM

France says Europe should block Facebook 's Libra and create a public alternative to the digital currency

Europe should block Facebook -backed digital currency Libra and create a public alternative, a senior French official said, staking out a hard line amid broader resistance to the idea from U.S. and international officials.

Sept. 12, 2019 9:37 am ETPARIS—Europe should block Facebook Inc.-backed digital currency Libra and create a public alternative, a senior French official said Thursday, staking out a hard line amid broader resistance to the idea from U.S. and international officials.

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Bruno Le Maire, France’s finance minister, said the Libra project, announced in June, would lead to... Read more: The Wall Street Journal »

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This is why France donesnot have even one big French tech or internet company. Most of the World is scared of Facebook Libra...I am just scared of Facebook, because of its unethical business. The fact is that competition increases the efficiency of the institutions and consequently the quality of the product offered.

There already is one its called ‘BITCOIN’ my god when will these draconians wake up No fucking way ever Apparently, their private sector is not innovative and competitive enough to create a private alternative to Facebook´s Libra... Ah, the Europeans and their huge government controlling everything..... GodBlessAmerica

Once again hegelian dialect being perfectly executed laughing out loud 🙄 France,Mexico,China,Iran and Iraq we have been dealing and tolerating alot from our President Trump since he started.Please look at the bigger picture that our President only cares about himself and no one else.Excuse all the trouble he has caused from the beginning of the term.

The plan of Facebook is to take currency system away from nations. I'm not seeing the problem, here. France is stupid. Next

France: we can't allow Facebook's Libra in Europe Facebook 's Libra cryptocurrency cannot be allowed to operate in Europe whil... Ok, cryptocurrency is not welcome in Europe Good because nobody put you in charge of it. How come, that this french toast speaks for the whole EU?

France says it 'cannot authorize' Facebook's libra project on European soilFrench Finance Minister Bruno Le Maire said Thursday libra would put the sovereignty of governments at risk. Shitcoin is for dimwits. dont worry Vichey, they will do it off shore without you! So France controls European soil? That sounds like an invasion of Europe.

Swiss welcome scrutiny in handling Libra cyrptocurrency: watchdogSwitzerland welcomes international scrutiny of the way it oversees the Facebook -... This is good gesture from the Swiss!

Mercury in Libra Is ~the~ Time to Slide in Some DMs 🔥Be it mackin' on your crush or networking for your dream job, this energy gives you the guts to speak up.

Twitter CEO Jack Dorsey Made A Surprise Bitcoin Warning—While Trashing Facebook’s LibraTwitter CEO Jack Dorsey has now warned that bitcoin 'is not functional as a currency,' though still thinks bitcoin is preferable to something like Facebook 's planned libra digital currency Buy gold. Whoooo my first first comment h_mwawuda Lol

Global money-laundering watchdog closely monitoring Facebook's Libra, official saysThe global anti-money laundering watchdog is closely monitoring developments on ... Nice