Detailed text transcripts for TV channel - FOXNEWS - 20190618:18:58:00
Facebook is saying we have 24 partners right now. we want to get to 100 before this system goes wide. a huge launch 2020. really smart. facebook is building this out. it's a subsidiary. it's the actual digital wallet. so it's the system upon which you can use their new digital currency, libra. we can talk about why that is less volatile than bitcoin. this is actually backed by hard assets. you need a government i.d. to be on this platform, use the digital currency. >> dana: so you can be sure you'll get paid. >> exactly. it's backed by bank accounts. i backed by short term government securitie...