Ripple CEO: Facebook’s Libra Will Not Launch Before 2023
William Suberg's original article for cointelegraph.com reduced by 47%
Brad Garlinghouse, the CEO of blockchain payments network Ripple, thinks that Facebook will fail to launch its Libra digital currency before 2023.Garlinghouse bets on a 3-year Libra delay. "I would bet that Libra let's say, by the end of 2022, I think Libra will not have launched." Garlinghouse also noted various problems governments have raised with Facebook around the world over its digital currency plans. Tim Cook, the CEO of Apple, said likewise on Oct.
4, adding that the tech giant would not follow Facebook's lead.Facebook left with fewer allies. He added that regulators likely saw Libra as a Facebook project. The comments come after a particularly tough week for Facebook's Libra Association, the nonprofit behind the project.
"We remain supportive of Libra's aspirations and look forward to continued dialogue on ways to work together in the future," a representative of the firm told Cointelegraph.
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