Facebook: David Marcus talks about confidence in Libra


Facebook: David Marcus talks about confidence in Libra
Facebook: David Marcus talks about confidence in Libra

AtlantisFX | David Marcus, head of Calibra on Facebook (NASDAQ: FB), said in a post on July 3 that Libra users would not have to trust Facebook.


Marcus reiterated that Facebook is not the only member of the Libra network and that they would give up control of the network. The post says:


"Facebook will not control the network, currency or reserve underlying it - Facebook will be just one of over a hundred members of the Libra Association from the start - we will not have any special rights or privileges."


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