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jeffbarg's profile
Jeff Barg
Jeff Barg
Jeff Barg
@jeffbarg

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Jeff Barg

@jeffbarg

Building http://avenue.so  (YC W21) • prev @amazon @pennmandt

New York
jeffbarg.com
Joined April 2009

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    Jeff Barg‏ @jeffbarg 13 Jul 2019

    Unpopular opinion: Libra is an incredibly pro-Freedom project and has a great chance to bring the promise of open banking and programmable currency to the masses

    6:32 AM - 13 Jul 2019
    • 7 Likes
    • meriam bero Mary Kathill Amy Hood Nikhil Srinivasan 🏝 David Marcus
    2 replies 0 retweets 7 likes
      1. New conversation
      2. Jeff Barg‏ @jeffbarg 13 Jul 2019

        I almost said had the *best* chance, but it would be silly to dismiss Bitcoin (which is the only current viable alternative to achieving those goals).

        1 reply 0 retweets 0 likes
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      3. Jeff Barg‏ @jeffbarg 13 Jul 2019

        Worth noting as well that Bitcoin has a lot of other unique characteristics that Libra doesn’t even attempt (fully sovereign from centralized governance, deterministic issuance, etc..)

        1 reply 0 retweets 1 like
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      4. Jeff Barg‏ @jeffbarg 13 Jul 2019

        Jeff Barg Retweeted David Marcus

        I agree with @davidmarcus that Bitcoin vs. Libra is an unproductive fight. These are two projects whose success isn’t mutually exclusive. As someone who wants to see a mainstream “internet currency”, I’ll be cheering for both.https://twitter.com/davidmarcus/status/1141402056525111297?s=21 …

        Jeff Barg added,

        David MarcusVerified account @davidmarcus
        Many want to pit Libra vs. Bitcoin. In my mind these two are not in the same category. BTC is a decorrelated (investment) asset. Libra is designed to be a stable medium-of-exchange. I have been, and remain a fan of BTC, but for very different purposes.
        0 replies 0 retweets 2 likes
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      5. End of conversation
      1. Eric Brouwer‏ @EricBrouwerC 14 Jul 2019
        Replying to @jeffbarg

        I completely agree with you! Just don’t let the bitcoin maximalists hear us. They will quickly point out that #bitcoin already does this. The problem is that it doesn’t. I think this is huge for #crypto. I do not have a problem with #BigTech moving into this space.

        0 replies 1 retweet 2 likes
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