France Hardens Position Against Facebook’s Libra Currency

PARIS—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.

Bruno Le Maire, France’s finance minister, said the Libra project, announced in June, would lead to...

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

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