This is not the first time Sherman has had negative thoughts to share regarding Bitcoin, as he called for an outright ban on cryptocurrencies earlier this year. Sherman: Cryptocurrencies are for CriminalsZuckerberg mainly talked about increased financial inclusion when talking about the benefits of a project like Libra. According to Sherman, the U.S. dollar works amazingly well for everyone except for criminals. Protecting the U.S. DollarSherman also views cryptocurrencies like Bitcoin as a direct attack on the U.S. dollars role in the global economy. One congressman recently shared his belief that Facebook would be better off adopting Bitcoin.

Source: Forbes October 24, 2019 02:03 UTC