The #Libra Association has announced it’s planned for a simple global currency and financial infrastructure.
Find out more https://libra.org/en-US/
The #Libra Association is today announcing plans for a simple global currency and financial infrastructure. Find out more https://t.co/VPS7LllcNn #blockchain #cryptocurrency pic.twitter.com/mdHymhsrcH
— Libra (@Libra_) June 18, 2019
The Libra Association was initially composed of a handful of large firms, but PayPal Holdings has since severed ties with the project.
Though it seems that even though PayPal may have stepped out of the picture, Facebook is now taking that place. Facebook CEO Mark Zuckerberg is set to testify before the House Financial Services Committee over the platform’s plans to implement its own digital currency. Sources close to the matter this week said Zuckerberg will be the only witness at the hearing later this month.
Though online currency makes people feel uneasy pure and simple is due to the unpredictability and the wild market cycles of similar currencies like Bitcoin. This makes Global regulators wary of how digital currency will impact the financial system. The Libra currency was created to boost e-commerce and advertisements within Facebook with plans to release the cryptocurrency in 2020, but a number of factors may halt the company’s progress. The real concern is that Facebook has data on billions of people and has repeatedly shown a disregard for the protection and careful use of this data it is also agreed that Congress and regulators have the opportunity to examine the consequences of what happens if Facebook creates such a currency.
Moving money around globally should be as easy, cost-effective and even more secure than sending a text message or sharing a photo — no matter where you live, what you do, or how much you earn. https://t.co/Eea4vMKYlv #Libra #FinancialInclusion #blockchain #cryptocurrency pic.twitter.com/WXw9Rypxmj
— Libra (@Libra_) June 20, 2019
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A California state appeals court has thrown out the sole conviction against an immigrant who fatally shot Steinle on the San Francisco waterfront in 2015.
The 1st District Court of Appeal on Friday, Aug. 30, 2019, overturned a gun conviction against Garcia-Zarate because the judge failed to instruct the jury on one of his defenses.
This comes after he accused a judge of failing to tell the jury it’s not a crime to “momentarily” have a gun. The 46-year-old claims he found the firearm on a San Francisco pier, picked it up, and it “accidentally” went off.
The bullet then ricocheted off a concrete-walkway, before fatally striking Steinle. Garcia-Zarate then threw the gun into the bay. He was deported five times before Steinle’s death, sparking a nationwide debate over sanctuary city policies. Earlier Friday, an appeals court reversed Jose Inez Garcia-Zarate’s 2017 conviction for possession of a firearm by a felon.
DO YOU REALLY BELIEVE HIS STORY?
Would He had been acquitted if he was a LEGAL California citizen?
- President Trump downplays last week’s missile tests by North Korea.
- He said the missiles were ‘short-range,’ commonly used by many countries, and therefore did not pose a threat to the U.S.
- President Trump says his working relationship with Chairman Kim Jong Un, remains in good condition and the tests were not carried out in bad faith against the U.S.
- Trump said the incident would not interfere with U.S. North Korea negotiations.
Looks like North Korea successfully test-fired two short-range missiles in an apparent warning to South Korean military warmongers, according to a photo provided by the North Korean government on July 25, 2019, showing a test of a missile launch in North Korea. (The content of this image is as provided and cannot be independently verified.)
Kim Jong Un supervised a test of a new-type tactical guided weapon that was meant to be a “solemn warning” about South Korean weapons introduction and it’s rival’s plans to hold military exercises with the United States.
“They are short range missiles and my relationship is very good with Chairman Kim and we’ll see what happens. But they are short range missiles, and many people have those missiles”
“He didn’t say a warning to the United States. I can tell you that. he didn’t say a warning to the United States” – President Trump
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