Facebook Libra lead David Marcus doesn’t believe bitcoin is a currency. Its volatility keeps it from becoming a currency, he explained. Bitcoin is more aking to ‘digital gold’, according to…
Continue ReadingDavid Marcus, head of Facebook’s Libra project, doesn’t see Bitcoin as a form of currency, stating that it’s digital gold. Bitcoin Not a Medium of Exchange Marcus was speaking at…
Continue ReadingLibra Head David Marcus sees Bitcoin as digital gold rather than a currency. CNET founder bashed Facebook’s launch of Libra claiming the tech firm is financially “tone deaf”. The general…
Continue ReadingCalibra CEO David Marcus recently claimed that the Anti-Money Laundering (AML) standards of Libra — Facebook’s proposed stablecoin project — will be better than other payments networks. Citing statements from…
Continue ReadingOnce again, Facebook will face the fire on Capitol Hill on Wednesday, with the Libra cryptocurrency project taking center stage. Mark Zuckerberg, the social media giant’s founder and CEO, will…
Continue ReadingThe Facebook-led Libra project may consider a fundamental change to the way its planned global payments system will operate, according to its chief. Speaking at a banking seminar, according to…
Continue ReadingAs the pressure continues to pile on Facebook, the social media giant is still determined to forge ahead with its grand crypto ambitions. As it realizes that the journey ahead…
Continue ReadingAt a banking seminar, David Marcus, yesterday proposed a plan to issue a series of stablecoins instead of a combined one. Marcus is optimistic of a launch by June 2020. …
Continue ReadingDavid Marcus has stated that he is a fan of the original crypto asset. The newly-appointed member of the Libra board of executives added that differences between the currency, originally…
Continue ReadingFacebook appears to be unfazed by the unrelenting criticism and pressure that is piling on to its crypto domination aspirations. As the US Treasury Secretary waded in with more threats,…
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