Headline July 31, 2019/ '' 'STUDENTS -MONEY- SEARCHES' ''


WITH ALMIGHTY GOD'S BLESSINGS : Just over 5 years hence, Ecosystem 2011 will begin its blossom with LARK-Lights as its crown jewel.

Under the masterly framework of the overarching theme : LARKS-Light, The World Students Society will begin its execution for social protection and poverty alleviation initiatives.

The World Students Society will endeavor to bring students in social safety nets.

I will be putting together an unprecedented effort fully assisted by Chartered Accountant Wadud  Mughal, [Singapore and Malaysia], the former senior management 'SHELL Far-East'..

And with that, I turn to Facebook's firm quest to launch LIBRA cryptocurrency.

MONEY AND COMMUNITY : A global digital platform would play into Facebook's efforts to make it easy to spend or send money using the company's family of services including Messenger, Instagram and WhatsApp.

''In each of these apps, we have opportunities to help people get more value from the network's that they've created,'' Zuckerberg said.
"It's one of the biggest areas that we are focused on for the next several years.''

Libra is widely regarded as a challenger to dominant global player bitcoin. Expected to launch in the first half of 2020, Libra is designed to be backed by a basket of currency assets to avoid the wild swings of bitcoin and other cryptocurrencies.

FACEBOOK CHIEF EXECUTIVE MARK ZUCKERBERG on Wednesday reaffirmed his commitment to the social network's quest to launch Libra crptocurrency despite pushback from  government and critics.

Facebook last month unveiled plans for Libra in an annoucement that sparked fears of the unintended consequences of a loosely supervised global currency.

Switzerland's financial watchdog FINMA has already pledged to conduct oversight of the Geneva -based Libra Association that will watch over the digital money, which is expected to debut next year.

Zuckerberg backed the Libra project while fielding questions on an earnings call, saying Facebook publicly released details to invite the kinds of queries and open dialogue currently taking place.

''Facebook from a few years ago would have probably just showed up and tried to release a product on our own,'' Zuckerberg said of Libra during the call with analysts.

The California-based company's approach regarding sensitive territory is now to outline ideas and allow ''a period of however long it takes'' to get feedback and figure out the best path forward, according to Facebook chief executive.

''That's certainly what we're planning to do with Libra,'' Zuckerberg said.

''We are trying to provide a safe and stable and well regulated product; that's always been the strategy and we''ll continue to engage here.''

Libra would be independent of Facebook, which will be a member of an administrative association that already has 27 companies on board.

However, ministers from the Group of Seven [G7] major global economies and central bankers last week dealt a blow to the Libra plans, issuing a barrage of warnings about its dangers for the global economy at a two-day meeting outside Paris.

G7 ministers ''agreed that projects such as Libra may affect monetary sovereignty and the functioning of the international monetary system,'' France the current G7 said in a statement.

It said people like Libra with a ''global and potentially systemic footprint ... raise serious regulatory and systemic concerns, as well as wider policy issues, which both need to be addressed before such projects can be implemented.''

Fraudsters are already trying to cash in on interest in Libra, hawking bogus buying opportunities at  online venues including Facebook itself.

With respectful dedication to LARKS-Light the proposed master cryptocurreny of The World Students Society, Agencies, Students, Professors and Teachers of the world.

See Ya all on Facebook, prepare and register for Great Global Elections on The World Students Society : wssciw.blogspot.com and Twitter.......... - !E-WOW! - the Ecosystem 2011:

''' Students - Sombrero '''

Good Night and God Bless

SAM Daily Times - the Voice of the Voiceless


Post a Comment

Grace A Comment!