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Unsurprisingly, most representatives and senators don't know an awful lot about cryptocurrencies, blockchains or even Facebook's Libra. Many of the interrogators chose to forego substantive questions in favor of grandstanding invectives. "Facebook is dangerous!" hollered Sen. Sherrod Brown. He then likened Facebook to "a toddler who has gotten his hands on a book of matches" best swim goggles for kids before noting that the social media giant has "burned down the house" on more than one occasion and has "called every arson a learning experience."
It's also clear that Facebook isn't trying to avoid regulations by setting up Libra in the kids swimming goggles European nation. That's because it will still need to register with the Swiss Financial Market Supervisory Authority and the Swiss Federal Data Protection and Information Commissioner (FDPIC). And as a recent Reuters report makes clear, it still has plenty of work to do on this front, as the FDPIC hasn't yet heard from Facebook on the kind of personal data that will be processed by Libra.
He concluded, saying, "I think it will get off the ground, but I think its usefulness amazon swimming goggles will be quite limited, at least in the short-term."Last week, Bitcoin ( legally recognized by a Chinese court, whereby it was concluded that the cryptocurrency should now be considered as digital property. The decision that the Hangzhou Internet Court made in a ruling was met with enthusiasm from some community members, who assumed that Bitcoin is now legal in the People's Republic of China (PRC) famously one of the harshest jurisdictions for digital currencies in the world and that the local government might soon ease its pressure on Bitcoin.
It's no wonder why blockchain seems to be "the one" for many industries in which data processing is involved (side note: everywhere). It especially happens to be the solution in industries in which security matters the most e.g., banking, logistics, health care, voting systems, cloud storages and speedo swimming goggles so on. Blockchain grants all wishes when it comes to immutability and secure authentication, and promises to solve most if not all challenges that industries face.
In a capitalist society, there are very few things that are free of cost. However, several telecom providers have come up with a model for communications in which subscribers not only are free of fees but even get rewarded for engagement. This idea might come to light thanks to digital advertising. Essentially, subscribers become token holders and don't need to pay a dime for mobile service and data, while telecom companies receive revenue from ads.