Elon Musk is one of the biggest names that casually talks about cryptocurrency on a regular basis. While he is known for his eccentric personality and seems to joke a lot and say what he means on Twitter, not a lot of CEOs are like him.
Mark Zuckerberg Names His Goats
One particular CEO that has been known to toy with cryptocurrency is Facebook's Mark Zuckerberg. The CEO, however, mentioned cryptocurrency in a joking way. Zuckerberg shared a picture of two goats on Facebook introducing them to the world. While having goats is not really something too shocking, the name he gave one of them was pretty surprising.
Zuckerberg shared a photo on Facebook of goats noting that they were his goats introducing them as Max and another after the name of the most popular cryptocurrency today, Bitcoin. Although this might seem like something Elon Musk would do, Mark Zuckerberg does have two goats named Max and Bitcoin!
Mark Zuckerberg Cryptocurrency
While Mark Zuckerberg might not seem to be the type to be heavy on cryptocurrency, he actually is. Some time last year, according to the story by Bloomberg, Facebook had planned a digital currency called Libra! Both governments and regulators then linked arms to repel a certain perceived threat to the whole financial stability, monetary sovereignty, and even data privacy.
Mark Zuckerberg had really tried to reassure politicians by talking up the whole financial inclusion and innovation. He then reportedly came across looking like a "tobacco boss" that was trying to deny cigarettes being addictive. He then reportedly acknowledged the whole problem and that was him not being the "ideal messenger for this."
Mark Zuckerberg Diem
Zuckerberg reportedly hasn't given up and Libra is reportedly called Diem. Members include Stuart Levey as head. As of the moment, Facebook is currency one of Diem's different 27 members. Diem says it is, however, an independent organization. Facebook will reportedly provide an electronic wallet well alongside it.
The project was reportedly created and funded by Mark Zuckerberg's own company as well as the association's six-seat board which now includes David Marcus, the head of Facebook's very own cryptocurrency efforts. The largest new concession to regulators is basically that Facebook will no longer be creating a "single global currency."
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Diem Blockchain
It was noted that converting an euro or dollar to Diem would just be a one-to-one transaction. This makes it have little chance of a wild Bitcoin level volatility or a whole overnight disruption of the fiat currencies themselves.
Facebook is actually even proposing that central banks think about using Diem blockchain one day to issue digital currencies. If they do, this will make everything quite similar to China's very own digital yuan. Basically, Zuckerberg has been big on cryptocurrency ever since but due to a lot of controversies following him, listening to Elon Musk could probably lighter on the ears for some people when it comes to cryptocurrency.
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This article is owned by Tech Times
Written by Urian B.
