The launching of Facebook stablecoin is getting support from prominent people in the crypto space, regulators have been teaming up in order to dissect Libra for everything its got since it will bring an end to all traditional money which is major concerns of some countries in the European soil such as France and Germany which has vowed to block their citizenship from using if later successfully launched. Would Facebook be successful on this mission that has attracted global critics? Rest of the story can be found here:
https://cryptodaily.co.uk/2019/09/coinbase-ceo-show-support-facebooks-libra?utm_source=OneSignal&utm_medium=AppThe title seems to say that David Marcus is the CEO of Coinbase. I thought that is what this thread is all about.
David Marcus is not the CEO of Coinbase, for clarification's sake. Marcus is part of Facebook, particularly the messenger unit of the social media giant. I can remember David Marcus, in one of his explanations about the libra project, for his famous remark that basically tells people that they don't have to trust Facebook to support or trust libra. It is because libra is not Facebook as Facebook is not libra.
Coinbase, in one hand, is of course behind libra because libra and Coinbase share the same world which is the crypto world.