Blockstream CSO, Samson Mow, says that Facebook should have just used Bitcoin instead of developing Libra because regulators won’t let it happen. Chief strategy officer at blockchain development firm Blockstream, Samson Mow, declared that he believes that Facebook should have used Bitcoin (BTC) instead of developing its own stablecoin in a series of tweets published on July 16.‘Libra Can’t Be Everything for Everyone’In his tweets, Mow noted that — after watching the entirety of…Read more →
Everything you need to know about municipal cryptocurrencies and where in the world they are being implemented.
States, provinces and municipalities could use cryptocurrencies to fund projects and programs. Municipal cryptocurrencies — that is, cryptocurrencies launched by cities — could offer citizens a new way to invest in a certain location and even buy goods while helping governments to fund projects. Campbell Harvey from Duke University told Cointelegraph that municipal cryptocurrencies could provide a…
Dallas Mavericks basketball team owner and billionaire entrepreneur Mark Cuban defined Facebook’s Libra stablecoin a big mistake. Dallas Mavericks basketball team owner and billionaire entrepreneur Mark Cuban defined Facebook’s Libra stablecoin a big mistake in an interview with CNBC published on July 12.During his interview, Cuban commented on the social media giant’s cryptocurrency endeavors. He said:“I’m not a big fan of what they’re doing there. […] I think it’s a big mistake.”Cuban reportedly explained…Read more →