Cryptocurrency Danger For Fiat Currency or U.S Dollar

Cryptocurrency Danger For Fiat Currency or U.S Dollar

By HowToVids | Crypto Blockchain News | 25 Oct 2019


Facebook Owner is on a mission to get Libra Coin approved from U.S Congress. For the same reason, he appeared in front of the U.S Congress to present his case and answer the questions raised on Libra Coin’s Legality. But he faced criticism will his presentation.a

A big critic for Crypto in U.S Congress Brad Sherman said

“For the richest man in the world to come here and hide behind the poorest people in the world and say that’s who you’re really trying to help – you’re trying to help those for whom the dollar is not a good currency: drug dealers, terrorists, [and] tax evaders,”

He added More

“Cryptocurrency either doesn’t work, in which case investors lose a lot of money, or it does achieve its objectives perhaps and displaces the U.S. dollar or interferes with the U.S. dollar being virtually the sole reserve currency in the world,”

 

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