💰NY Times journalist says Facebook wants $1 billion in VC funds
According to New York Times journalist Nathaniel Popper, Facebook is seeking out up to $1 billion in VC funding for its digital currency initiative. Sources Popper spoke with say Facebook believes VC funding would help make the project appear more decentralized. The money could also be used as collateral for the digital currency with the coins supposeded backing by a bundle of foreign currencies.
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