David Marcus, Head of Calibra and former President of Paypal

David Marcus, Head of Calibra and former President of Paypal

Jan 25, 2020

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]

Related Bitcoin Quotes

 

Lawrence Summers

Lawrence Summers

Jerome Powell, 16th Chairman of the Federal Reserve

Jerome Powell, 16th Chairman of the Federal Reserve

Catherine Wood, CEO of Ark Invest

Catherine Wood, CEO of Ark Invest

Jan 24, 2020

Catherine Wood, CEO of Ark Invest

Biography

Catherine D Wood is the current CEO and CIO of Ark Investment Management. ARK focuses mostly on disruptive technology and is publicly traded as ticker ARKK on the New York Stock Exchange. 

Prior to ARK, Catherine managed over $5 Billion dollars as the CIO of Global Thematic Strategies at AllianceBernstein

Catherine graduated summa cum laude from the University of Southern California in 1981

Twitter: @CathieDWood

 

Catherine Woods Bitcoin Quotes

  • “Bitcoin is a bigger idea than Apple, which is a pretty big idea” December 2017  [source]
  • “We Believe that Bitcoin is the reserve currency of the crypto asset ecosystem. It’s the most battle-tested of all the crypto assets out there. In the 10 years it has been in existence, the underlying bitcoin technology, blockchain, has not been hacked. The hacks you hear about are the software applications on top of the base layer, and thats where the hacks take place when wallets are hot. Most people should put their bitcoin into cold storage to prevent hacks” April 2019 [source]

 

Involvement with Bitcoin

  • Catherine is the CEO of Ark Investments, managing multi million dollars worth of investments. She has publicly stated her interest and likeliness to Bitcoin exposure.

 

Media Sources

  • Cathie Woods on Off The Chain Podcast: February 2019 [source]
  • Steve Forbes interviews Cathie Woods: January 2016 [source]
  • Cathie Woods on CNBC: December 2018 [source]

Related Bitcoin Quotes

 

Lawrence Summers

Lawrence Summers

Jerome Powell, 16th Chairman of the Federal Reserve

Jerome Powell, 16th Chairman of the Federal Reserve

Elizabeth Stark, CEO of Lightning Labs

Elizabeth Stark, CEO of Lightning Labs

Jan 23, 2020

Elizabeth Stark, CEO of Lightning Labs

Biography

Elizabeth Stark is the current CEO of Lightning Labs, a solution to help Bitcoin scale as a means of payment. Elizabeth is currently a Fellow at Coin Center, a digital currency policy organization. 

Elizabeth was born in Brooklyn and currently lives in San Francisco. She graduated from Harvard University and received a JD from Harvard Law School. Elizabeth has taught at both Stanford and Yale University.

Elizabeth is an incredibly talented Developer, CEO, and all around badass. The Bitcoin community is lucky to have her. 

Twitter: @starkness

 

Elizabeth Stark Bitcoin Quotes

  • “When you change how money is created and valued, there is going to be major pushback” December 2018 [source]
  • “The goal of Lightning is to create the payment layer for Bitcoin” 2018 [source]
  • “Bitcoin is a marathon, not a sprint” 2018 [source]
  • “It’s Bitcoin, you can’t tell people what to do.” 2019 [source]
  • “The goal [with Lightning Network] being to enable this instant, near instant, definitely competing with the chip card and being faster than that transaction time.” 2019 [source]
  • “Who’d have thought of Wikipedia years prior, decades prior? An encyclopedia that anybody could edit, that sounded insane. I think we’ll see something equivalent and similar with Lightning and just this new economy that emerges that’s this Lightning native economy.” 2019 [source]
  • “Bitcoin on chain was not going to be able to handle a billion people’s transactions and building up this layered architecture of which Lightning is a key part. This can really make that possible.” 2019 [source]
  • “Within the Bitcoin community and even broadly within the cryptocurrency world, I think there’s this idea that Bitcoin moves slowly. But in fact Lightning is just moving so quickly I can’t keep up.” 2019 [source]
  • “The design philosophy embedded within Bitcoin, it’s not move fast and break things. It’s move cautiously and build a secure base layer and then build the layers on top of that.” 2019 [source]

 

Involvement with Bitcoin

  • Elizabeth Stark is the CEO of Lightning Labs, a second layer protocol built on top of Bitcoin. The main goal of Lightning network is to serve as Bitcoin’s payment network. Lightning Network both increases the scalability and privacy of Bitcoin. 
  • Elizabeth Stark is a co-organizer of the Annual Crypto Spring Conference

 

Media Sources

  • Elizabeth Stark and Jack Dorsey on Stephen Livera Podcast: February 2019 [source]
  • Lightning Is a Payment Network built on top of Bitcoin: April 2018 [source]
  • “The Importance of Layer Two”: August 2017 [source]
  • “Lightnings Elizabeth Stark is building an Army” December 2018 [source]
  • Distributed 2018: Fireside Chat with Elizabeth Stark + Aaron van Wirdum [source]

Related Bitcoin Quotes

 

Lawrence Summers

Lawrence Summers

Jerome Powell, 16th Chairman of the Federal Reserve

Jerome Powell, 16th Chairman of the Federal Reserve

Ben Bernanke, Former Chairman of the Federal Reserve

Ben Bernanke, Former Chairman of the Federal Reserve

Jan 23, 2020

Ben Bernanke, Former Chairman of the Federal Reserve

Biography

Ben Bernanke is an American economist at the Brookings Institution who served two terms as the Chair of the Federal Reserve, from 2006 to 2014. Before this position, Bernanke was a professor at Princeton University.

Ben served as chairman of George Bush’s Council of Economic Advisers.

Bernanke attended Harvard University

Twitter: @benbernanke

 

Ben Bernanke Bitcoin Quotes

  • “Virtual currencies may hold long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system” [source]

 

Involvement with Bitcoin

  • N/A

 

Media Sources

  • N/A

Related Bitcoin Quotes

 

Lawrence Summers

Lawrence Summers

Jerome Powell, 16th Chairman of the Federal Reserve

Jerome Powell, 16th Chairman of the Federal Reserve

Ed Tilly, CBOEs Chairman and CEO

Ed Tilly, CBOEs Chairman and CEO

Jan 22, 2020

Ed Tilly, CBOEs Chairman and CEO

Biography

Ed Tilly is the Chairman and CEO of CBOE Global Markets. He started this role in February 2017 replacing William Brodsky. 

Before being named chief executive officer in 2013, Tilly was the company’s president and chief operating officer (COO) from November 2011 thru May 2013. He served as CBOE executive vice chairman from 2006 to 2011 and held the highest member-elected position at the exchange as CBOE’s member vice chairman from 2004 to 2006.

Tilly came to CBOE as a trading floor clerk in 1987 and later became a floor trader and CBOE member.  

Tilly currently serves on the board of directors for Northwestern Memorial HealthCare, the OCC and Working in the Schools and on the Board of Visitors of the Weinberg College of Arts and Sciences at Northwestern University. Tilly is a member of the Economic Club of Chicago and the Chicago Club. He received his BA from Northwestern University with a degree in Economics. 

Twitter: N/A

 

Ed Tilly Bitcoin Quotes

  • “Like it or not, people want exposure to bitcoin. Believers can bet on its rise, and [Jamie] Dimon is welcome to take the other side. We’re happy to be in the middle” [source]

 

Involvement with Bitcoin

  • Ed Tilly is Chairman and CEO of the CBOE. They started to offer Bitcoin Futures trading through their exchange. It has since been put on hold as “they further evaluate options.”
    • In other words: the Chicago Mercantile Exchange (CME) is beating them on volume and CBOE needs a new approach[source]

 

Media Sources

  • CNBC Futures Discussion [source]
  • Launch of Bitcoin Futures [source]

Related Bitcoin Quotes

 

Lawrence Summers

Lawrence Summers

Jerome Powell, 16th Chairman of the Federal Reserve

Jerome Powell, 16th Chairman of the Federal Reserve