David Marcus, Head of Calibra and former President of Paypal

Biography

David Marcus is an American Entrepreneur, born in Paris, France. Marcus started his own venture in his early 20’s which focused on internet access and long distance calling, which was eventually acquired in 2000. 

David later went on to found Zong, which was sold to Ebay’s PayPal. Over the next several years, David would work his way to becoming the President of PayPal. He is currently the VP of Messaging Products at Facebook. In 2017 he joined Coinbase’s Board of Directors.

Twitter: @davidmarcus

David Marcus Bitcoin Quotes

• “I really like Bitcoin. I own Bitcoins. It’s a store of value, a distributed ledger. It’s a great place to put assets, especially in places like Argentina with 40 percent inflation, where $1 today is worth 60 cents in a year, and a government’s currency does not hold value. It’s also a good investment vehicle if you have an appetite for risk. But it won’t be a currency until volatility slows down” December 2013 [source]
• “Bitcoin is an investment class that’s decorrelated from the rest of the market” November 2019 [source]

Involvement with Bitcoin

• David Marcus is the head of Libra. Libra is a cryptocurrency initiative led by Facebook. 

Media Sources

• Bitcoin is a Store of Value: November, 2019 [source]
• David Marcus Testifies on Libra Cryptocurrency. July 2019 [source]
• Meet the Facebook Executive who wants you to trust him with your Money. November 2019 [source]

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