Facebook’s planned introduction of its Libra cryptocurrency is facing opposition on all sides that an actual launch by year 2020 could be stalled. As it is, U.S. legislators, financial regulators and government officials not only in the U.S. but also in EU countries are wary that a payment processing system running on blockchain technology and operated by Facebook, presents serious concerns and issues. Lawmakers cannot accept the social media company’s motives at face value, since the Libra business model when combined with the Facebook social site is regarded as much too invasive over users’ private information. In enticing FB denizens …
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- Economic Approach to Survive Covid-19 PandemicJust in late February of this year, Trump administration stated that it is planning to spend roughly 2.5 billion dollars in an effort to battle Covid-19. And then just over a 45 days later, the president signed off on a spending that is amounting to 1000x more than what is initially planned. How much if […]
- Microcredit Gives Opportunities For Start-up BusinessesMicrocredits are classic loans, but with a very small loan amount of up to usually 1,000 euros. Micro, mini or small loans are used particularly in development aid and play a crucial role there. This type of loan is suitable for anyone who quickly needs a relatively small loan with a very short term. It […]
