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Former Facebook Product Manager Pompliano Believes Facebook Should Focus On Calibra Instead of Libra

Roland James

Summary: Co-founder of Morgan Creek Digital and former product manager at Facebook Anthony Pompliano believes that Facebook should focus on Calibra their digital wallet instead of creating their own cryptocurrency in Libra. Pompliano feels that Calibra better leverages the company’s massive user base. It seems that regulators do not want Libra and are trying to rattle ...

Co-founder of Morgan Creek Digital and former product manager at Facebook Anthony Pompliano believes that Facebook should focus on Calibra their digital wallet instead of creating their own cryptocurrency in Libra.

Pompliano feels that Calibra better leverages the company’s massive user base. It seems that regulators do not want Libra and are trying to rattle Facebook’s corporate partners with threatening letters. Calibra is a way to avoid the legal issues that come with creating their own digital currency, while still entering the cryptocurrency game.

By Roland James

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