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About Libra a digital currency

The Libra is a financial infrastructure and digital currency that is powered by a Facebook social media which created a block chain based on the programming language called as mov. The Libra digital currency functions as a stable coin making it as less subject to the extreme volatility that is associated with the cryptocurrency value. The Libra digital currency has an association where it is a non-profit organization that runs in the Switzerland where it is responsible for servicing the cryptocurrency digital currency. The main role of this

About Libra a digital currency

The Libra is a financial infrastructure and digital currency that is powered by a Facebook social media which created a block chain based on the programming language called as mov. The Libra digital currency functions as a stable coin making it as less subject to the extreme volatility that is associated with the cryptocurrency value. The Libra digital currency has an association where it is a non-profit organization that runs in the Switzerland where it is responsible for servicing the cryptocurrency digital currency. The main role of this libra digital currency would be of validating the transactions on the block chain process and it manages the reserves of Libra currency that is tied with the government bonds and funds.

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The Libra association is controlled by the Libra association council where this association comprised with the list of reads who likes to the financial industries and tech such as like visa, uber, PayPal, Spotify, EBay and MasterCard as well as the representatives of founding members. Thrive capital is also an organization that contributes a minimum of $10 million to the project by earning the seat on the council. This libra digital currency scheme is expected to be launched in the year 2020, when this digital currency is launched then the Facebook will also launch the calibra a digital wallet that can be used to store the digital currency Libra. The calibra digital currency is expected to be available on the WhatsApp, Facebook messenger and on for standalone application.

 digital currency would be of validating the transactions on the block chain process and it manages the reserves of Libra currency that is tied with the government bonds and funds.

The Libra association is controlled by the Libra association council where this association comprised with the list of reads who likes to the financial industries and tech such as like visa, uber, PayPal, Spotify, EBay and MasterCard as well as the representatives of founding members. Thrive capital is also an organization that contributes a minimum of $10 million to the project by earning the seat on the council. This libra digital currency scheme is expected to be launched in the year 2020, when this digital currency is launched then the Facebook will also launch the calibra a digital wallet that can be used to store the digital currency Libra. The calibra digital currency is expected to be available on the WhatsApp, Facebook messenger and on for standalone application.

 

 

 

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