Tuesday 29 October 2019
David Marcus, Facebook’s Libra lead, has defended the technology giant’s ‘cryptocurrency’ project saying “the most meaningful innovations that have changed the lives of millions across the world in a profound way have always been met with damning headlines.” Marcus was speaking at Money 20/20, an industry conference held in Las Vegas, in a bid to provide some insight into how Libra seeks to improve traditional payment rails by offering a novel, and secure way, of moving money. To make his point, Marcus resorted to examples including the internet, electricity, mobile phones, and smartphones noting that like them, Libra also has the…
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