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How Facebook's Libra will differ from other cryptocurrencies

CBS News Saturday, 22 June 2019
Facebook announced plans this week to launch Libra, a global digital currency. With backing from PayPal, Uber, Visa, and Mastercard, Libra would allow users without bank accounts or credit cards to shop online. But the plan comes as Facebook finds itself under intense scrutiny for its privacy practices. C-NET Senior Managing Editor Dan Ackerman joins "CBS This Morning Saturday" to discuss how Libra will differ from other cryptocurrencies.
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Credit: The Street - Published < > Embed
News video: Why Facebook's Libra Is Good for Cryptocurrencies

Why Facebook's Libra Is Good for Cryptocurrencies 01:23

Don't start comparing Bitcoin to Libra just yet. On Tuesday, real Money Stock of the Day Facebook FB released the whitepaper for its cryptocurrency push. However, Real Money reporter Kevin Curran--who has been heavily covering Facebook all week--said that he doesn't believe that Libra is a...

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