Libra’s co-creator favors Bitcoin over ‘centralized’ altcoins
Libra co -creator David Marcus says Bitcoin’s alternatives are too centralized and not secure enough. Lightspark CEO David Marcus is apparently a big fan of Bitcoin (BTC), as he believes that the cryptocurrency made by Satoshi Nakamoto is the only “viable neutral settlement asset” that can “usher in a new era of global real-time payments.” Lately, there's been more debate around the value of the #Bitcoin Lightning Network. Based on the work we've been doing @Lightspark for the past 18 months, I will share my honest view. First things first — Bitcoin is the only viable neutral settlement asset and network that can… — David Marcus (@davidmarcus) November 19, 2023 In a recent X post published on Nov. 19, Marcus — who’s now a Chief Executive of crypto startup Lightspark, which works on the Lightning Network — categorically rejected altcoins , saying other cryptocurrencies distinct from Bitcoin are “too centralized , not secure ...