Mark Zuckerberg started as an engineering student in the halls of Harvard – one of the most elite schools in the United States. As time went on, he was offered a chance to code an extremely valuable social media site, but he didn’t know what coding that website would mean for his future.
Months went by, even years, and that’s when he decided to take the wrap for the social media site he was constructing – Facebook. You see, he was only the name behind it, and the two names heading the project were taking all the credit – or so the press was saying.
Zuckerberg took the twin men to court in an attempt to win all rights to Facebook, and he succeeded in his mission. Fast forward some odd years, and now Zuckerberg is one of the wealthiest men in this country – and he doesn’t plan to stop increasing his financial gain any time soon.
What happened to the twins?
Oh, they moved on to another market, one that wasn’t as popular as social media: Cryptocurrency. They excelled in their developments and even unleashed Gemini (but that’s a story for another day).
When Zuckerberg was notified of this move, he decided that cryptocurrency was something he should invest his time, money, and efforts into, too.
Is that how Libra was constructed?
Absolutely. Some say Zuckerberg feeds off the competition; others say he has a knack for perfecting this past what the twins can do. Whatever your opinion is, keep it to yourself. Because the real question you’ll want to be asking yourself is: How will Zuckerberg get his Facebook users onboard with Libra?
Mark thinks that educating the public as much as physically possible is the right route to take. With that being said, he has a few pointers for everyone willing to take the time to read them. They can be found below:
- Libra’s primary goal is to create a global currency accessible to all.
Billions of people in the world today do not have access to a traditional banking system, and that’s what Libra wants to change. This stable, cryptocurrency platform would resolve these issues.
- Libra was created to run on a trusted blockchain.
The Libra Blockchain is meant to be secure, adaptable to improvements and regulations, and scalable to almost all banking accounts.
- Facebook will not have complete control over the cryptocurrency.
In the grand scheme of things, there will be approximately 100 companies in on the decision-making and future concern of Libra. Facebook just happens to be one of the larger companies heading the operation.
- Facebook will allow its users to use the currency on its site.
You will be able to follow through with transactions on Facebook, as well as with the Calibra wallet. More information will be released regarding this in the coming months.
- If you want updates regularly, you do have the option to follow Libra on Twitter, Instagram, and Facebook, as of right now.
Mark Zuckerberg wants to make the decision process easy and painless for his users – which is why he’s trying to give out all the necessary information now before people start to doubt him.
All in all, the choice is yours – just get as much information in your head before you make it.