San Nicolas grills Facebook’s Mark Zuckerberg
Guam’s congressman made news of a different sort during a House Finance Committee hearing this week when he grilled Facebook chairman Mark Zuckerberg about the social media company’s proposed crypto-currency LIBRA.
San Nicolas challenged Zuckerberg on the reliability of LIBRA.
Because currencies fluctuate in value, he said it would be virtually impossible for someone to put a dollar in, and have someone else get a dollar out.
“At the end of the day who is going to be responsible for LIBRA fails?” San Nicolas asked.