NEWS

Libra leader: Bitcoin is digital gold, but not a good currency

7/11/2019

Facebook cryptocurrency project leader David Marcus said on Wednesday:Bitcoin is digital gold, but not a good currency

David Marcus said:I don't think Bitcoin is a currency.He thinks bitcoin is like gold,because people can hold it as an investment like they actually use gold.But bitcoin experienced a sharp rise and fall,making it a bad choice for people who need cross-border remittance systems.

David Marcus said,bitcoin is not regulated,the main reason is because people don’t think bitcoin is a medium of exchange.

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