under a single streamlined currency now over a dozen global firms will invest in and govern the currency including master card vodafone and as group will supposedly wall off control of the currency from facebook itself the new coin will be pegged to a basket of global currencies such as the dollar and the euro with the intent of shielding it from the wild fluctuations that are plagued big and scared off many average investors the big question will it catch on facebook is betting that the scale of its social network alone with 2400000000 monthly users will forge a new huge marketplace for streamline purchases and exchanges the social network is also says that libor will help to bridge the so-called banking gap giving the 1700000000 people around the world who do not have a bank account a secure alternative to cash so why a crypto currency here's how facebook c.e.o. mark zuckerberg 1st publicly framed the idea a few weeks ago. i believe that it should be as easy to send money to someone as it