Facebook has been working on its own cryptocurrency for quite a while now, and it looks like the company is seeking to unveil its product as soon as its month.
Libra, the Facebook-made Bitcoin rival, will not actually be similar to Bitcoin, just in case you’re already thinking about investing in it and waiting for it to pop. Instead, it’ll be tethered to actual currency, the US dollar, reports have claimed, which means that it will always have the same value. The Facebook coin will be available online in Facebook’s apps, but also in other places, as long as merchants decide to support it.
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Facebook to launch its Bitcoin rival as soon as this month originally appeared on BGR.com on Fri, 7 Jun 2019 at 21:03:26 EDT. Please see our terms for use of feeds.
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