⚠️ House Minority Leader Kevin #McCarthy told #CNBC on #Tuesday that he likes the decentralized nature and the security of bitcoin.
😍 "I like bitcoin" and the security of the blockchain ledger technology behind cryptocurrencies, the California Republican said, as he criticized Facebook's new Libra digital coin ahead of hearings on Capitol Hill this week.
🏦 @facebook ’s Libra will be pegged to a basket of government-backed money, compared to bitcoin, which is highly volatile in price and derives value from factors including its ability to enable instantaneous, anonymous, global payments and as an investment.
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