57. Facebook Libra Coin explained with Miko and Tegan
Facebook enters the crypto space. Does that mean I can put this podcast back on my resume? Does it validate the space? Is Bitcoin threatened? What does this mean for alt-coins? Wait, did I just say alt-coins?
Miko Matsumura and Tegan Kline discuss and debate the potential impacts of Mark Zuckerberg and his country, I mean company, stepping into the world of cryptocurrency with Facebook Libra.
3:00 Miko's definition of Facebook coin
8:00 Summary of the problem that Facebook is claiming to solve
14:00 The risks of Facebook as the core player as reckless as they are
28:00 How Facebook Libra works, the basket, the consortium
41:00 Open Source money
Miko Matsumura http://miko.com is a General Partner with Gumi Cryptos, a US $30M venture capital fund focused early stage blockchain startups and a Venture Partner with BitBull Capital, a cryptocurrency fund-of-funds. He is also an advisor to Arrington XRP Capital. He has been a keynote speaker at dozens of blockchain conferences around the world. He is also cofounder of crypto exchange Evercoin.
Tegan Kline heads up International Business Development and Investor Relations for Orchid, where they are working to open up the internet to everyone, everywhere. Prior to Orchid, Tegan was a blockchain technology consultant, helping leaders and innovators connect more deeply with stakeholders across the blockchain ecosystem. Tegan's professional experience has been with Fortune 500's and startups, most recently as Executive VP of a patent marketplace powered by blockchain, analyzed by AI. She began her career in Investment Banking at BAML and, prior to discovering blockchain, worked in Sales and Trading at Barclays. Tegan is working to redistribute resources and income using blockchain and AI with Nature 2.0, Co-Founder of Blockchain Code of Ethics, Head of the U.S. for Triangles, a group that supports female founders and Ambassador to Buckminster Fuller Institute, helping to make the world work for 100% of us.
Facebook Libra Whitepaper: