Survey Finds Consumers Aren’t Hyped About Facebook’s Crypto

Earlier this month, Facebook unveiled Libra to the public. The cryptocurrency, expected to launch in early-2020, will be a stablecoin backed by a basket of traditional assets deemed stable by the Libra Association.

As to why this project is being launched, the white paper claims that the network is being created to empower the unbanked, reduce barriers to entry in finance, and to create a world predicated on decentralization.

Original source
https://blockonomi.com/consumers-arent-hyped-about-facebooks-crypto/

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