20/08/19 07:00 UTC-4

The youngest Bitcoin millionaire competes with Facebook

CryptocurrencyThe youngest Bitcoin millionaire is Facebook’s competitor
The youngest Bitcoin millionaire is Facebook’s competitor

Yesterday, on August 19, the youngest Bitcoin millionaire in the history of cryptocurrency, Erik Finman, announced the launch of his own decentralized blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
platform, which could be a direct rival to the Facebook cryptocurrency project.


Bitcoin millionaire and the Metal payment network

According to information published by young Erik Finman, the Metal payment network operates as a P2P payment application and now supports various tokens, including Bitcoin (BTC) and Ether (ETH). Previously, the only payment option supported by the application was its own internal Metal TokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details

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It also became known that the network was already launched and is fully operational. Besides Finman, former co-founder of QuickCoin, Marshall Hayner, will manage the Metal blockchain network.

"Today Marshall Hayner & I are launching Metal Pay to the masses. We’re going to finally bring crypto to the People - in ways that Facebook Libra only wishes they could. This. Is. The. Libra. Killer," – Erik Finman, Twitter.

The youngest Bitcoin millionaire, Erik Finman, became a competitor to Facebook. We remind that there are many legends about Finman. When he was a high school student, he invested the money given to him by his grandmother in Bitcoin. Thanks to this, Finman became a real millionaire and traveled around the world, giving educational lectures about investing in digital money.

It is also important to note that this weekend, the US House of Representatives announced that they were going to visit Switzerland to discuss cryptocurrencies, and especially the Libra crypto project, as a matter of urgency. Maybe after the next meeting in the US Senate, Zuckerberg’s network will finally start.

Editor: Yuliya Soroka

See also: "Americans will go to Switzerland to talk about Facebook’s cryptocurrency"

#Facebook #MetalPay #Zuckerberg #Finman #ErikFinman #MarshallHayner #LibraKiller



23/08/19 22:00 UTC-4

Out: Libra founders are preparing an "escape" from the project

​The Libra Association (the organization that should develop Facebook’s cryptocurrency) has 28 members. They include such giants as Visa and Uber. Now at least 3 members are trying to get out of the project because of criticism from regulators.