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‘Libra Is so Screwed’ — Should Have Used Bitcoin, Says Samson Mow

© Reuters.  ‘Libra Is so Screwed’ — Should Have Used Bitcoin, Says Samson Mow
© Reuters. ‘Libra Is so Screwed’ — Should Have Used Bitcoin, Says Samson Mow

Chief strategy officer at blockchain development firm Blockstream, Samson Mow, declared that he believes that Facebook (NASDAQ:) should have used (BTC) instead of developing its own stablecoin in a series of tweets published on July 16.

In his tweets, Mow noted that — after watching the entirety of today’s senate banking committee hearings dedicated to Libra — he came to the conclusion that “Libra is so screwed.” He explained that he had the impression that Mark Zuckerberg had no clear idea of what he is building. Mow added:

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Source: investing.com
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