EU Probes Facebook's Digital Currency

The transcript discusses Facebook's challenges in launching a new currency due to antitrust concerns and regulatory hurdles. Despite Facebook's efforts to present the project as a collaborative initiative, it faces significant resistance from global entities, including the EU and US leaders. The company's past trust issues with users and governments exacerbate these challenges. The discussion emphasizes the importance of understanding and transparency in tech projects to ensure public trust and compliance.

How has public trust in Facebook been affected according to the text?

Why is it important for people to understand how Facebook's currency works?