Faculty News

In a video interview, Professor David Yermack explains how Facebook's Libra differs from Bitcoin

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Excerpt from CNBC -- "It's very different than cryptocurrency like bitcoin or ether, which is decentralized, has no leadership, and relies on a community of people who compete to build the blocks that update the transactions. Because of the design of something like bitcoin, it really can only accommodate a small amount of traffic. But something with central management like libra could really grow to almost any size that you wished.'"

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