The Libra coin plan, backed by financial and nonprofit partners, represents an ambitious new initiative for the world´s biggest social network with the potential to bring crypt o-money out of the shadows and into the mainstream. "We believe if you give people access to money and opportunity at the lowest cost, the way the internet itself did in the past with information, you can create a lot more stability than we have had up until now," Disparte, head of policy and communications, told AFP. Facebook will be just one voice among many in the association, but is separately building a digital wallet called Calibra. "We view this as a complement to Facebook´s mission to connect people wherever they are; that includes allowing them to exchange value," Calibra vice president of operations Tomer Barel told AFP. "Many people who use Facebook are in countries where there are barriers to banking or credit." But the move raised questions about how such a new ...
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