Tag Archives: marcus treacher

As we are coming to the end of this year, we can conclude that it has been interesting, in the way. For some, it was successful, for some, not so good. Be it as it may, if you’ve made bets Ripple – you were probably in the first group.Ripple, the company that actively uses XRP in its solutions, has definitely positioned itself strongly during the last few months as one of the most important companies for the crypto sector as well as the whole blockchain technologies scene.In its official...

Facebook’s Libra is getting some criticism from an unlikely source: Ripple’s Marcus Treacher.Treacher: Libra’s Got to Open Up a BitTreacher is the company’s senior vice president of customer success. According to an interview he did with CNBC his primary complain is that Libra will be a “closed system” or a “walled garden” as he calls it.This basically means that Libra will be largely controlled by a team of executives. The power will not be in the hands of the people who use it, but in those...

Libra Association Managing Director Bertrand Perez said on Friday that the Facebook’s cryptocurrency Libra, that should be launched by a Geneva-based association next year, is not intended to replace existing currencies. He said:“We are not in the area of implementing any monetary policy with the (Libra) Reserve.”This confirms what Libra’s CEO David Marcus was speaking back in July at the hearings when he kept stressing that Libra is not an investment and it doesn’t want to conquer the...