Twitter Rubbishes Libra Co-Creator’s Crypto-Fiat Pledge

2019-9-17 22:22

An attempt by the co-creator of Facebook’s cryptocurrency to “debunk” the notion that Libra will not threaten the sovereignty of nations has been greeted with skepticism on Twitter. While defending Libra from recent accusations that it would take away the monetary sovereignty enjoyed by central banks, David Marcus doubled down to insist Facebook crypto will […] The post Twitter Rubbishes Libra Co-Creator’s Crypto-Fiat Pledge appeared first on CCN.com

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libra co-creator twitter facebook sovereignty pledge rubbishes

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Marcus Defends Libra Cryptocurrency in Latest Bid to Woo Central Banks

Facebook executive David Marcus defended the Libra cryptocurrency ahead of his meeting with the representatives of global bankers in Basel on Monday. The co-creator said Libra is not going to challenge or undermine the sovereignty enjoyed by nations, adding that the cryptocurrency merely wants to become a “better payment network” and deliver meaningful financial services.

2019-9-16 18:00