Why Facebook’s Libra Matters

Published on
August 6th, 2019
Duration
13 minutes


Why Facebook’s Libra Matters

Tech Trends ·
Featuring Jalak Jobanputra

Published on: August 6th, 2019 • Duration: 13 minutes

Jalak Jobanputra, founder of Future Perfect Ventures, joins Justine Underhill to discuss Facebook's Libra token. Jobanputra discusses Facebook's venture into banking the unbanked, the scrutiny surrounding Facebook's challenges with data protection and privacy, as well as Libra's potential for widespread adoption. This clip is excerpted from a video published on Real Vision on June 27, 2019 entitled, "Building Businesses at the Frontier of Money."

Comments

Transcript

  • SA
    Stephen A.
    9 August 2019 @ 22:57
    Good interview for what is still very much an early prototype
  • NI
    Nate I.
    8 August 2019 @ 04:10
    I would have thought the letter from Maxine Waters and Carolyn Maloney calling for a libra moratorium pending regulatory review would have entered this conversation. https://financialservices.house.gov/uploadedfiles/07.02.2019_-_fb_ltr.pdf
  • SD
    Shafique D.
    7 August 2019 @ 10:21
    fluffy
  • BK
    Brian K.
    6 August 2019 @ 14:20
    This didn't really get into the tough questions. If someone is in South Asia or Africa or some country with a unstable government or currency, buys $1 equivalent of facebook libra, and it is backed by USD/Euro/Yen, why on earth would they keep their own countries unstable currency? People could die because of this experiment.
    • NI
      Nate I.
      8 August 2019 @ 07:22
      I'm not convinced libra gets that far. If there is one thing the US gov won't relinquish, it's their fiat printing press. I will be shocked if even the immense lobbying power of the US multinational corporatocracy can win that battle. Time will tell.