Why Facebook's Crypto Plans Are Being Attacked by Senate

The transcript discusses the skepticism surrounding Facebook's cryptocurrency project, Libra, particularly from U.S. senators and global regulators. It highlights the trust deficit Facebook faces and the broader confusion about cryptocurrency. The discussion also touches on the potential impact on the cryptocurrency market and the importance of working with regulators. The future of Libra is uncertain, with significant pushback expected in upcoming hearings.

How does the expert suggest that blockchain technology can help solve social problems?

What challenges does Facebook face in gaining global regulatory approval for Libra?

What expectations does the expert have for the upcoming hearing with the House committee?