London, United Kingdom, July 24, 2019 --(PR.com
)-- The software company Capital Way recently released, on its official website, a comprehensive review
following the expected launch of Facebook's new currency, called "Libra." The review covers how the new currency will work, the challenges for Facebook and the audience that is supposed to use that currency.
According to Alex Madison from Capital Way, the analysis of the new currency is very useful and interesting, especially given the public's concerns about the privacy of users.
Madison explains that eligible users are Facebook users all around the world who are connected to the social network: "The younger generation is no doubt expected to use it more, adopting new technologies effortlessly. The fact that the new currency involves huge bodies such as Facebook and large and well-known financial companies is intended to give legitimacy and security to the use of this currency."
Like previously stated, Libra is nothing like Bitcoin fluctuations that plugged many into debts. "Libra will not have a volatile currency, because its officials will not allow it," Capital Way experts note. "For the public to adopt it, it must be non-volatile, because people do not want to be immediately hurt by a sharp decline in value”.
The Facebook Libra Project is expected to kick off the year 2020.
* This Capital Way review does not constitute a recommendation for investment and does not replace professional advice.