Discover and read the best of Twitter Threads about #LibrainDc
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Today, the House Financial Services Committee is holding a hearing with Facebook CEO Mark Zuckerberg.
You can watch yourself at: financialservices.house.gov/calendar/event…
We will be clipping videos from the hearing in this thread. 👇👇👇
You can watch yourself at: financialservices.house.gov/calendar/event…
We will be clipping videos from the hearing in this thread. 👇👇👇
HUD "filed an official charge of discrimination against @Facebook for its advertising practices... I understand that Facebook has refused to comply with HUD's fair housing investigation" --@RepMaxineWaters #FacebookHearing
@facebook @RepMaxineWaters “Last year, Facebook banned all cryptocurrency ads on its platform” saying it was misleading and deceptive. “Then earlier this year, Facebook rolled back the ban, and bought a blockchain company, and launched your own currency.” —@RepMaxineWaters #ZuckBuck #BigTechTakeover
Good morning folks. @facebook's Mark Zuckerberg is testifying before @FSCDems / @FinancialCmte today to advocate for @Libra_, among other things. Kick-off is in 30 minutes, I'll be live-tweeting, and my thread starts here: #LibraInDC
@facebook @FSCDems @FinancialCmte @Libra_ Zuckerberg's opening testimony defending @Libra_ was published yesterday: "I'm sure people wish it was anyone but @facebook putting this idea forward." coindesk.com/what-to-expect… #LibraInDC
1/ One of the great privileges I have when putting #MassiveAdoption together is meeting #Bitcoin #blockchain #crypto enterpreneurs across the country building ways away from SF/NY.
So I'm going to do a state-by-state series highlighting them.
(investors, pay attention)
So I'm going to do a state-by-state series highlighting them.
(investors, pay attention)
2/ This is just a couple of companies to get us started. I'd love all of you to add your own picks & to tag folks in this state who are building around Bitcoin or on Bitcoin, crypto and blockchains. Let's shine some light inside the U.S., not just on the coasts.
#MassiveAdoption
#MassiveAdoption
3/ We start with #NorthCarolina to honor one of the stars of #Libra #LibraInDC day, Representative Patrick McHenry.
Bitcoin & blockchain aren't the first thing that come to mind when you think of NC, but you'd miss out on a lot, so let's get started.
Bitcoin & blockchain aren't the first thing that come to mind when you think of NC, but you'd miss out on a lot, so let's get started.
Good morning Washington. I'm back for Day 2 of the #Libra hearings: the @FSCDems/@FinancialCmte edition. @davidmarcus will be on deck for the second round in 15 minutes. Here's a preview of what we might expect from our other witnesses: coindesk.com/facebooks-libr… #LibraInDC
"Today we’re here for a hearing on Facebook’s proposed digital currency, libra, and its wallet, calibra, and its impact on the financial system," says @MaxineWaters, kicking off today's #LibraInDC hearing
The #LibrainDC hearing confirmed that Facebook isn't telling the whole truth - again.
For 2 hours straight, David Marcus avoided questions on Calibra’s privacy terms, sneaking in small words/phrases to prepare loopholes that'll let Facebook monetise payment data in the future👇
For 2 hours straight, David Marcus avoided questions on Calibra’s privacy terms, sneaking in small words/phrases to prepare loopholes that'll let Facebook monetise payment data in the future👇
Toomey: "Is it the plan to, at some point in the foreseeable future, seek the consent of the participants [of Calibra] so that you would be able to commercialise that data somehow?" [...]
Marcus: "I can’t think of any reason 👉 right now 👈 for us to do this."
Marcus: "I can’t think of any reason 👉 right now 👈 for us to do this."
Kennedy: Is there any data Facebook wouldn’t monetise?
Marcus: It’s not about making money.
K: Money is a secondary concern at Facebook?
M: The way we’ve done it with messaging apps, without monetising them 👉yet👈, is a testament to what we can do to lower cost for people.
Marcus: It’s not about making money.
K: Money is a secondary concern at Facebook?
M: The way we’ve done it with messaging apps, without monetising them 👉yet👈, is a testament to what we can do to lower cost for people.
Good morning folks. I'm in Washington D.C., where @SenateBanking/@BankingGOP are about to question @davidmarcus about @facebook's @Libra_ project (coindesk.com/facebook-prepa…). Thread starts here: #LibraInDC
You can follow the hearing yourself at the stream at this link: banking.senate.gov/hearings/exami… #LibraInDC
Banking Cmte Chair Sen. @MikeCrapo is kicking things off, noting that he and Ranking Member @SenSherrodBrown have been asking about Libra since May (focus on credit info/personal data) coindesk.com/us-senators-se… #LibtraInDC
