What is one of the main goals of Facebook's Libra?
Facebook Says Its New Cryptocurrency Will Be Better Than Bitcoin

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Business, Information Technology (IT), Architecture
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To create a new social media platform
To stabilize cryptocurrency fluctuations
To replace the US dollar
To eliminate the need for banks
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which companies are involved in the governance of Libra?
Twitter and Snapchat
Amazon and Google
MasterCard and Visa
Apple and Microsoft
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When is Libra expected to go live?
In five years
In the next few months
It is already live
Next year at the earliest
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major concern of the French Finance Minister regarding Libra?
It will be backed by gold
It could destabilize the Euro
It is backed by low volatility assets
It will increase Facebook's user base
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What measure is Facebook implementing to prevent money laundering with Libra?
Limiting transactions to $1000
Requiring government ID for transactions
Using blockchain technology
Partnering with law enforcement
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