#CryptoCorner: Calibra Head David Marcus Publishes Blog Advocating #Blockchain Networks, Coinbase CEO Praises Libra, Zuckerberg Allows for Libra Launch Delay

#CryptoCorner: Calibra Head David Marcus Publishes Blog Advocating #Blockchain Networks, Coinbase CEO Praises Libra, Zuckerberg Allows for Libra Launch DelayPoint Roberts, WA, Delta BC, September 26, 2019 -Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market.Listen to today’s Crypto Corner Podcast:https://www.investorideas.com/Audio/Podcasts/2019/092619-CryptoMarket.mp3Read this in full athttps://www.investorideas.com/news/2019/crypto-corner/09261Calibra-Coinbase-Libra.aspGet the Crypto Corner Podcast on iTunesSubscribe to Podcast RSS feed:https://www.investorideas.com/rss/feeds/Podcasts-Crypto.xmlSeptember 26Crypto CornerStocks discussed: (NasdaqGS:FB)David Marcus, the head of Facebook’s (NasdaqGS:FB) Calibra wallet, published ablog postyesterday making the case for blockchain-based payment networks. Marcus explores some of the disadvantages of the current payment network models, including his claim that existing models are “closed and not well interconnected”, that they’re siloed (“it’s a bit like if you couldn’t send emails from Gmail to Yahoo! Mail”), and that they tend to require third-party intermediaries to execute transactions. An excerpt reads:“Long story short, building on top of existing rails and across disconnected payment networks won’t reduce cost, open up the market to more innovation, nor lower the barrier of access to modern financial services as much as building a new infrastructure with a very stable, high quality global medium of exchange supporting it.”Coinbase co-founder and CEO Brian Armstrong expressed support for Marcus’s blog post in atweet, and also defended the Libra project against what he interprets as undue criticism.“Libra is one of several important crypto projects on the horizon with the potential to improve the world. Whether it works or not still remains to be seen, but I find the backlash to it a bit odd and misguided. @davidmarcus makes a reasonable case here”Meanwhile, in an interview withNikkei Asian Reviewpublished today, Facebook CEO Mark Zuckerberg cast doubt on Libra’s launch date. Though he didn’t say one way or another, Zuckerberg’s comments seem to have allowed for the possibility of a delay in the stablecoin’s launch date.”A lot of people have had questions and concerns, and we’re committed to making sure that we work through all of those before moving forward.””Obviously we want#CryptoCorner: Calibra Head David Marcus Publishes Blog Advocating #Blockchain Networks, Coinbase CEO Praises Libra, Zuckerberg Allows for Libra Launch DelayPoint Roberts, WA, Delta BC, September 26, 2019 -Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market.Listen to today’s Crypto Corner Podcast:https://www.investorideas.com/Audio/Podcasts/2019/092619-CryptoMarket.mp3Read this in full athttps://www.investorideas.com/news/2019/crypto-corner/09261Calibra-Coinbase-Libra.aspGet the Crypto Corner Podcast on iTunesSubscribe to Podcast RSS feed:https://www.investorideas.com/rss/feeds/Podcasts-Crypto.xmlSeptember 26Crypto CornerStocks discussed: (NasdaqGS:FB)David Marcus, the head of Facebook’s (NasdaqGS:FB) Calibra wallet, published ablog postyesterday making the case for blockchain-based payment networks. Marcus explores some of the disadvantages of the current payment network models, including his claim that existing models are “closed and not well interconnected”, that they’re siloed (“it’s a bit like if you couldn’t send emails from Gmail to Yahoo! Mail”), and that they tend to require third-party intermediaries to execute transactions. An excerpt reads:“Long story short, building on top of existing rails and across disconnected payment networks won’t reduce cost, open up the market to more innovation, nor lower the barrier of access to modern financial services as much as building a new infrastructure with a very stable, high quality global medium of exchange supporting it.”Coinbase co-founder and CEO Brian Armstrong expressed support for Marcus’s blog post in atweet, and also defended the Libra project against what he interprets as undue criticism.“Libra is one of several important crypto projects on the horizon with the potential to improve the world. Whether it works or not still remains to be seen, but I find the backlash to it a bit odd and misguided. @davidmarcus makes a reasonable case here”Meanwhile, in an interview withNikkei Asian Reviewpublished today, Facebook CEO Mark Zuckerberg cast doubt on Libra’s launch date. Though he didn’t say one way or another, Zuckerberg’s comments seem to have allowed for the possibility of a delay in the stablecoin’s launch date.”A lot of people have had questions and concerns, and we’re committed to making sure that we work through all of those before moving forward.””Obviously we wantRead More