RATE Group | Jeff Bezos Could Do a Better Job with Libra: ‘Bitcoin Billionaires’ Author
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Jeff Bezos Could Do a Better Job with Libra: ‘Bitcoin Billionaires’ Author

18 Jul Jeff Bezos Could Do a Better Job with Libra: ‘Bitcoin Billionaires’ Author

Posted at 22:53h in Bitcoin News by

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The writing is on the wall that Mark Zuckerberg has completely botched the planned Libra rollout. Even if the digital currency ever sees the light of day, it’s not likely to be within Facebook’s own timetable of 2020. And the coin already has a stigma attached to it thanks to the shellacking that Congress gave David Marcus, Zuckerberg’s wingman.

Ben Mezrich, the author of “Bitcoin Billionaires,” believes that Libra would have had a much better shot if Facebook wasn’t at the wheel, telling CNBC;

“I think that Amazon could pull this off. Because for whatever reason, we all trust Amazon. We put our credit cards in there every day…Regulators would be on them, but it wouldn’t be like this.”

A Matter of Trust

Billy Joel said it best when he sang “A Matter of Trust.” That’s really what it comes down to in financial services, and Mezrich is right. People trust Jeff Bezos far more than they do…

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