Fwd: Crypto got Zucked.

Facebook launches cryptocurrency Libra.

FRIDAY JUNE 21, 2019 Hi jon,   The rumors have finally been confirmed. Facebook is launching a cryptocurrency. The announcement came as expected Tuesday and sent shockwaves around the globe. Here's what we know so far: Facebook announced the release of a cryptocurrency, Libra, with the goal of enabling "a simple global currency and financial infrastructure that empowers billions of people." The Libra Blockchain is being launched as a permissioned blockchain but is planning to transition to a permissionless blockchain over time. Libra is backed by a mix of stable assets, "including bank deposits and government securities in currencies from stable and reputable central banks." Unlike other stable coins pegged to the U.S. Dollar, Libra isn't backed by one single currency, instead, the average of many. The cryptocurrency is governed by a non-profit (Libra Association) based in Geneva. The Libra Association will be made up of 100+ "geographically distributed and diverse businesses, non-profit and multilateral organizations, and academic institutions." Each founding member will have no more than 1% of the vote, including Facebook itself. Members will be asked to invest $10M, along with $280,000 of annual costs. A user-facing crypto wallet to store and transact Libra, Calibra, is being released. Facebook claims their advertising business will not be a part of Libra in any way, and that data collection will remain separate from the association.   The Fall Out:   In the days following the release, the reviews of the cryptocurrency have been mixed. Many cheered on Libra, calling it positive for crypto adoption, while others expressed outrage. French Finance Minister Bruno Le Maire led the charge, saying "it is out of question [that Libra] become a sovereign currency. It can't and it must not happen." German member of the European Parliament Markus Ferber piled on, calling Libra a "shadow bank" and a handful of U.S. senators also objected, saying Facebook is already too big and can't be trusted with users' financial data. As a crypto advocate, I believe the response from regulators says something good about Libra. While their concerns are justified, so is Facebook's mission to create a more democratized, global, and digitized economy.   The problem? Trust.   The only solution to this is a cryptocurrency that operates free of a centralized company or group of companies.   Oh, wait, that already exists!       Claim Your Free Bitcoin Rewards! As a resident of FL, you can start trading crypto commission-free with Voyager today! Remember, you must create an account to claim your free Bitcoin earnings. To find out how much BTC you're owed, see your dashboard below. Already downloaded? Track in the app. Did you know Voyager is a public company?   Learn more about why Voyager decided to go public here. Voyager Digital (Canada) Ltd. is publicly listed on the TSX.V under the symbol VYGR.V. More information is available for investors on our Investor Relations page.     Everything you need to know about Libra, Facebook's ambitious cryptocurrency Facebook is planning to launch a cryptocurrency it hopes will "transform the global economy." The currency, named Libra, is being developed by Facebook, but the company intends to share control with a consortium of organizations, including venture capital firms, credit card companies, and other tech giants    Read More   Bitcoin Price Breaches $9.6K to Hit 400-Day High At 18:00 UTC on June 20, the world's largest cryptocurrency by market capitalization broke upwards on the daily chart, after being held beneath $9,348 for an extended period of time.    Read More   Top Crypto Exchange Pre-Announces $81 Million Bitcoin Transfer Take Binance, which pre-announced a soon-to-come $81 million or so Bitcoin transaction via Twitter on Monday. The world's biggest crypto-trading platform told followers there's "no need to FUD," referring to the popular acronym crypto bulls use to describe unwarranted fear, uncertainty and doubt.   Read More   Russia to Adopt Crypto Legislation Within Two Weeks: Deputy Finance Minister Russia's parliament, the State Duma, will adopt the country's major crypto bill "On Digital Financial Assets" (DFA) in the next two weeks, according to a local senior finance official. The news was reported by Russian government-backed news agency TASS on June 19.   Read More MORE STORIES ---------- Forwarded message --------- From: Tess at Voyager <contact@investvoyager.com> Date: Fri, Jun 21, 2019 at 1:29 PM Subject: Crypto got Zucked. To: <joaoa.desilva2018@gmail.com> Track Your Rewards   Now that Voyager has launched in your state, it's time to claim your Bitcoin rewards! 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