Description
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Welcome back to part 2 of our 3 part series on Facebook’s Libra!
If you have never read a white paper before, what you usually find is somewhere near the beginning of the document, the authors will put to you a problem or a series of issues they hope to solve. Libra calls these their opportunity:
1) We believe that many more people should have access to financial services and to cheap capital.
2) We believe that people have an inherent right to control the fruit of their legal labor.
3) We believe that global, open, instant, and low-cost movement of money will create immense economic opportunity and more commerce across the world.
4) We believe that people will increasingly trust decentralized forms of governance.
5) We believe that a global currency and financial infrastructure should be designed and governed as a public good.
6) We believe that we all have a responsibility to help advance financial inclusion, support ethical actors, and continuously uphold the integrity of the ecosystem.
In this video we cover what these objectives mean, how they may be implemented, and also how the platform is supposed to work. Enjoy part 2 of our 3 part series!
You can watch this video here: https://www.youtube.com/watch?v=MuK4yVq_-_Q
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WANT MORE INFO? CHECK THESE LINKS OUT
For more on Libra:
https://www.youtube.com/watch?edufilter=NULL&v=cB4QftOuUDg
https://libra.org/en-US/wp-content/uploads/sites/23/2019/06/LibraWhitePaper_en_US.pdf
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