Online Petition to ‘Stop Libra’ Collects 50,000 Signatures

Online Petition to ‘Stop Libra’ Collects 50,000 Signatures
фото показано с : beincrypto.com

2019-10-5 18:34

A petition to ban ‘Facebook money’ posted on WeMove.EU has garnered some 50,000 signatures out of 75,000 needed. The petition is being done in partnership with the NGO, Finance Watch.

A recent petition on WeMove.EU has been gaining significant traction. It calls for the uniting of the entire European Union to ‘stand against Facebook’ to stop the launch of the Libra.

Opposition States Its Case

A petition was recently started to bring to light concerns regarding Facebook’s Libra, with the goal of ultimately banning it entirely. The petition included a letter addressed to Ursula von der Leyen, President-elect of the European Commission, Maria Draghi, President of the European Central Bank (ECB), and Christine Lagarde, future President of the ECB.

The letter targets the Libra specifically, contrasting it with the “decentralised and open digital currencies currently available.” If Facebook is allowed to continue with its plans, the letter argues that “even our dependence on big banks is less dangerous compared to [the Libra].” It is ultimately a call to place a complete ban on ‘Facebook money.’

Thus far, the petition has been picking up significant traction. It has around 50,000 signatures at the time of writing. Anyone in Europe can sign on their support with the goal of getting 75,000 signatures.

Libra Still Plans to Launch in 2020

BeInCrypto previously reported on Libra head David Marcus’s commitment to releasing the Libra in 2020. “The goal is still to launch Libra next year,” BeInCrypto has previously reported. Facebook seems relatively undeterred by recent criticism, it seems. Previously, Marcus even asserted that the Libra is “a chance for the free world.”

As of now, the Libra seems to be viewed more favorably in the United States than in Europe. Both Germany and France have said they would block Facebook’s cryptocurrency plans, but U.S. regulators have taken a more open approach. The project even promised that it would be 50% backed by U.S. dollars, possibly a discussion point during the recent meeting between President Trump and Mark Zuckerberg. 

Given the growing opposition, it’s increasingly become clear that the Libra will have the most challenging time expanding to Europe. However, it remains to be seen whether this will be enough to deter its cryptocurrency aspirations entirely.

Do you think the Libra will end up launching in 2020? Let us know your thoughts below in the comments. 

Images are courtesy of Shutterstock.

The post Online Petition to ‘Stop Libra’ Collects 50,000 Signatures appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Dollar Online (DOLLAR) на Currencies.ru

$ 0.0024551 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 3.00 %
Cегодня L: $0.0024551 - H: $0.0024551
Капитализация $1.851k Rank 99999
Доступно / Всего 753.776k DOLLAR

petition signatures stop wemove online facebook collects

petition signatures → Результатов: 23


Фото:

Ongoing Effort to Free Ross Supported by 100 Eminent Organizations and Individuals

Ross Ulbricht’s clemency petition is closing in on 160,000 signatures stemming from individuals asking U.S. President Donald Trump to pardon Ulbricht. In addition to the vast number of signatures, roughly 100 eminent organizations and well known figures have supported Ulbricht’s effort, many of whom have written a statement on Ulbricht’s behalf in order to speak […] The post Ongoing Effort to Free Ross Supported by 100 Eminent Organizations and Individuals appeared first on Bitcoin News.

2019-4-18 09:02


Фото:

Why Tokyo Could Set The Stage For XRP Adoption

A new petition has arisen to persuade the International Olympic Committee (IOC) to make XRP the official cryptocurrency of next summer’s Olympics and has already received 7,500 signatures. The man who is behind the petition, Ken Takahashi believes that XRP has the potential to solve many logistical issues associated with many big international sporting events, especially concerning foreign exchange.

2018-10-8 13:30


Фото:

Petition to Make XRP the Official Cryptocurrency of Tokyo 2020 Olympics Garners 7,500 Signatures

A petition to get the International Olympic Committee (IOC) to make XRP the official cryptocurrency of the next Summer Olympics has crossed the 7,500 signatures milestone. XRP Will Ease Forex Tensions at the Games According to Ken Takahashi, the creator of the petition, XRP has the potential to solve many logistical headaches associated with large international sporting events, especially concerning foreign exchange.

2018-10-8 22:05


Petition to Make XRP the Official Cryptocurrency of the 2020 Olympics at Over 5K Signatures

Ten months ago, Ken Takahashi started a petition on Change.org to make XRP the official crypto of the 2020 Tokyo Olympic games. Today, it has over 5,200 signatures out of a needed 7,500. Hitting milestones Once created, the petition reached 500 signatures with relative speed, and jumped from 500 to 1,000 in less than 72 […] The post Petition to Make XRP the Official Cryptocurrency of the 2020 Olympics at Over 5K Signatures appeared first on CryptoSlate.

2018-10-4 10:00