Opinion | The Cryptocurrency Adventures of Mark Zuckerberg and SBF - The Wall Street Journal

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
https://www.wsj.com/articles/the-cryptocurrency-adventures-of-mark-zuckerberg-and-sbf-facebook-bitcoin-libra-blockchain-innovation-regulation-11670621550
Listen to article
(2 minutes)
Back in 2019, Facebook wanted to promote a new digital currency, Libra, to customers around the globe, many of them young people entering the cash economy for the first time through their smartphones. It seemed then a promising innovation and still does now.
The proposal sadly landed at a moment when the tech giants were coming under political assault. A spirit of “let’s stop trying new things” was invading both political parties. CEO

Mark Zuckerberg quickly retreated when he might have put Libra out there in defiance of the politicians to let a global public decide if it was useful.
Continue reading your article with
a WSJ membership
Already a member?

Sign In
Holman W. Jenkins Jr. is a member of the editorial board of The Wall Street Journal. He writes the twice-weekly “Business World” column that appears on the paper’s op-ed page on Wednesdays and Saturdays.
Mr. Jenkins joined the Journal in May 1992 as a writer for the editorial page in New York. In February 1994, he moved to Hong Kong as editor of The Asian Wall Street Journal’s editorial page. He returned to the domestic Journal in December 1995 as a member of the paper’s editorial board and was based in San Francisco. Mr. Jenkins won a 1997 Gerald Loeb Award for distinguished business and financial coverage.
Born in Philadelphia, Mr. Jenkins received a bachelor’s degree from Hobart and William Smith Colleges and a master’s degree in journalism from Northwestern University. He was a 1991 journalism fellow at the University of Michigan.
WSJ Membership
Customer Service
Tools & Features
Ads
More
Dow Jones Products
WSJ Membership
Customer Service
Tools & Features
Ads
More
Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

source

How To Make Huge Profits In A Short Time With Crypto
Get detailed training system that shows an absolute beginner (without any skill) how to make huge profits in a short time with crypto.