'Why Should We Trust Facebook?' Rep. Waters Asks Marcus

The transcript discusses Facebook's role in the Libra project, addressing trust issues due to past data mishandling. It highlights Facebook's leadership in the project, the open-source nature of the codebase, and the structure of the Libra Association. The Calibra wallet's launch strategy and user account requirements, including KYC compliance, are also explained.

What role does the Libre Association play in the management of the Libra project?

What are the main concerns regarding trust in Facebook's management of the Libra project?

How does Facebook plan to address the trust issues associated with the Libra project?

What is the significance of the technology being open source in the context of the Libra project?

What measures are being taken to ensure user identification for the Calibra wallet?