Blockstream Chief Strategy Officer: Facebook should use Bitcoin instead of developing its own stable currency

Blockstream Chief Strategy Officer Samson Mow said on July 16 that he believes Facebook should use Bitcoin instead of developing its own stable currency, Libra. After reading the hearing about Libra, he came to the conclusion that "Libra screwed up" and he felt that Zuckerberg did not figure out what he was going to build. Mow added: "Libra can't be suitable for everyone, and it's impossible to keep the code open and closed at the same time."