Facebook's cryptocoin Libra could become a worldwide currency, says CEO of fintech startup Tally

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Facebook's cryptocoin Libra could become a worldwide currency, says CEO of fintech startup Tally
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'It literally threatens the governments that issue currency, the banks that store it and the actual transmission network,' Tally's Jason Brown says.

's new digital currency has the potential of becoming a worldwide currency, Tally CEO Jason Brown said Tuesday.

"People don't understand how disruptive this could be if it really takes off," Brown said in an interview on CNBC's "He expects slow adoption when it comes to everyday financial tasks, like paying bills, after Libra's 2020 release. But he said it will quickly become "the primary way people get money out of first world countries."

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