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AOC Attacks Facebook’s Libra for Not Being Controlled by Feds, But Instead ‘Undemocratic’ Corporations

‘Were they democratically elected?’

EXCERPT:

OCASIO-CORTEZ: "I see. So we are discussing a currency controlled by undemocratically selected coalition of largely massive corporations. Do you believe currency is a public good?"
MARCUS: "Congresswoman, I believe that sovereign currencies should remain sovereign, and we do not want to challenge sovereign currencies. We just want to augment their capabilities in a way that they can be —"
OCASIO-CORTEZ: "But do you believe currency is a public good?"
MARCUS: "Congresswoman, I believe that sovereign currencies are sovereign, and as a result they should continue —"
OCASIO-CORTEZ: "So do you believe Libra should be a public good?"
MARCUS: "Congresswoman, again, we will work with all of the regulators and address all concerns and the regulators will determine —"
OCASIO-CORTEZ: "I'll take that as a no? I should take it as no?"
MARCUS: "It is not for me to decide, congresswoman."
OCASIO-CORTEZ: "Okay, I’ll take that as a no."

(Via Twitter)

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