Zuckerberg, During Testimony, Calls Libra a Complex and Risky Project

Zuckerberg, During Testimony, Calls Libra a Complex and Risky Project

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Business

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The transcript discusses the challenges faced by an association after several founding members, including PayPal, Visa, and MasterCard, withdrew their support. The conversation highlights concerns about the project's risks and the ability to meet regulatory standards. The association was established to tackle a complex project that no single company could handle alone. The departures are attributed to the project's perceived risks and increased scrutiny.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the perception of the project as risky?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does scrutiny affect the decisions of founding members regarding the association?

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