Zuckerberg Faces Tough Questions On Libra's Diversity

Mark Zuckerberg discusses Facebook's Libra cryptocurrency, addressing concerns about diversity among its backers and the challenges faced by the project. He struggles to answer questions about ownership and diversity, highlighting the lack of information on the representation of women and minorities. The Libra project has seen several initial members, including major payment processors, drop out due to regulatory pressures. Lawmakers express their desire for Facebook to adopt more civic-minded policies, especially in supporting underbanked communities, and challenge Zuckerberg on Facebook's financial commitments to minority institutions.

What was one of the main concerns about Libra's initial backers?

• Their lack of experience in cryptocurrency

• Their financial instability

• Their potential lack of diversity

• Their over-reliance on Facebook

How many of the initial Libra Association members have left since its launch?

• Ten

• Seven

• Twelve

• Five

Which types of companies were among the first to leave the Libra Association?

• Social media platforms

• Payment processors

• Cryptocurrency exchanges

• Retail companies

What does the Congressman suggest Facebook should do with its money?

• Invest in more cryptocurrencies

• Support minority development institutions

• Expand globally

• Increase advertising

What is emphasized as being more important than words in the final section?

• Financial investments

• Partnerships

• Public relations

• Actions