David Marcus, co-founder of Facebook Libra, has dominated much talked about, what is the purpose of his crypto-currency in a world in the Bitcoin markets.
At the beginning of the interview with CNBC, David asked: “Have you been currently a crypto currency, (…) you own Bitcoin?”, to which he replies:
“I’m a big Fan of Bitcoin and what I think of as a digital Gold.”
Marcus, however, no clear answer to the question of whether he actually owns BTC.
Does the creator of Libra, own Bitcoin? “I’m a big fan of bitcoin and what I see as digital gold,” says @David Marcus on #btc pic.twitter.com/Zbkfw1elHy
— Squawk Box (@SquawkCNBC) 16. October 2019
Marcus then declares that Bitcoin is a self-made success, Libra is a completely different beast – one that was built for a different purpose and effective digital assets are ready, the help people to manage their money better.
In spite of Marcus’ optimism Libra had it hard in the last few weeks, because several of the founding members of the “Libra Association” are. In recent times, the Online tourism giant Booking Holdings Inc has also. implied his support for the project withdrawn, while Mastercard, eBay, Stripe, and Visa have failed all last week.
A spokesman for Visa, said of the decision: “We will continue the assessment, and our final decision will depend on a number of factors, including the ability of the Association to meet all necessary regulatory expectations.”
Even though Facebook has lost a significant part of its founding members and Europe to strong resistance, pushing ahead of the Social Media giant to be Libra project, with high pressure.
The co-Creator of Libra, confirmed in an interview with CNBCs Technology Correspondent Elizabeth Schulze, also, that there is still strong interest in Libra:
“We are in the Libra-Association of about 1,600 organizations around the world that have expressed an interest, the member. From this meet, I think the 180 the high requirements.“
Nevertheless, the Libra Team in the media seems to organize a tour to potential regulatory concerns – it is, apparently, determined that it is necessary to overcome a number of regulatory hurdles before large financial institutions will go to Board.
Text Evidence: BeInCrypto.com Daniel Phillips