Abra CEO: Facebook's Libra may fill Bitcoin as a blank for payment networks

According to AMBCrypto, recently, Encrypted Wallet and Abra CEO and founder Bill Barhydt said in an interview that although Facebook is known for its privacy-related issues, it still has a large user base. He pointed out that Bitcoin was “not properly optimized” as a payment network, but was optimized as “digital cash”. He added, "I think people have great confidence in the Bitcoin model, but I also think people have realized that considering these issues, considering the obvious problems they are trying to solve, Bitcoin can't solve them for them. He finally pointed out that Facebook is "unlimited" more likely than any other company to achieve this goal.