And Facebook calls the hated Winklevoss twins for its cryptocurrency

Anyone who knows Facebook's origins knows that. For Mark Zuckerberg, for Superman who was Lex Luthor, for Batman Joker, for Little Mermaid Ursula, the Winklevoss twins were for a long time. The enemy. Because the two brothers became first and foremost famous for suing the social network founder, accusing him of stealing their Facebook idea during their Harvard university years. And so David Fincher (2010) also told them in the movie "The Social Network."
Yet with their former college friend, the twins could go into business now. We've been talking about the Facebook currency for some time: it's going to be called Global Coin and it's expected to launch by 2020. But the Zuckerberg project to create a cryptocurrency for its three platforms (Facebook, Whatsapp and Instagram)'s approximately two and a half billion users seems to have undergone a definitive acceleration lately.

The Reuters agency announced a week ago that on May 2 Facebook registered in Geneva, Switzerland, the birth of a new company, a startup called Libra, the cryptocurrency project's code name. The BBC revealed today that Mark Zuckerberg met-on this topic-Bank of England Governor Mark Carney in April after taking the US Treasury Department's advice home. A few days later, on April 30th, back in California, Zuckerberg inaugurated the traditional two-day event dedicated to Facebook developers, F8, with a speech in which, after taking stock of the Indian payment test via Whatsapp, he said that there is a lot of possibility in this sector to change and simplify things: "Money exchange" were his words, The idea, as reported by p. For this Zuckerberg is tightening partnerships with traditional banking institutions such as Western Union and those dedicated to the exchange of cripovalues such as Coinbase and Gemini, the startup founded by the Winklevoss twins who accused Zuckerberg of stealing their very Facebook idea and having been liquidated with $65 million. In fact, GlobalCoin rests on the blockchain, a technology invented more than ten years ago that was used primarily for the development of cryptocurrencies such as bitcoin, which nevertheless did not really take hold even as their value changes too abruptly to make it a reliable tool. On the other hand, the Global Coin will be anchored to the dollar and it could become the most widely used currency in the world on paper. An official announcement is imminent, the Financial Times says.