Excerpt from CNBC quoting DataTrek’s Nick Colas:
…. “Nicholas Colas, co-founder of DataTrek research also said the move legitimizes bitcoin. And for every company that’s not a part of Facebook’s so-called Libra project, “there are thousands who are not.”
“What technology will they use? Bitcoin is one answer,” Colas said. “The fact that Facebook et al even want to build a crypto currency validates the idea of a decentralized currency/payment system”….
Read the full article here on CNBC!