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Browse: Home / 2019 / November / 07 / Facebook executive David Marcus says Bitcoin is an investment, not currency

Facebook executive David Marcus says Bitcoin is an investment, not currency

By Securities Docket on November 7, 2019, 9:23 am

David Marcus, the head of Facebook’s cryptocurrency projects, on Wednesday said that Bitcoin is digital gold, but it’s not a good currency for transactions.

“I don’t think of Bitcoin as a currency. It’s actually not a great medium of exchange because of it’s volatility,” Marcus said speaking at the New York Times DealBook Conference in New York. “I see it as digital gold.”

via Facebook executive David Marcus says Bitcoin is an investment, not currency.

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Posted in Industry, Top | Tagged Bitcoin, Facebook

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