The head of the company's division for developing the Novi cryptocurrency wallet, David Marcus, named the maincryptocurrency is a good investment asset, which is not suitable for paying for goods and services due to high volatility.
Head of Facebook Novi David MarcusAn interview with Bloomberg stated that the company is not considering using bitcoin as a means of payment, but considers it to be a good investment asset. According to Markus, the high volatility of the main cryptocurrency makes it impossible to use it for making payments.
“If you send money all over the world, you don’tyou can reduce the value of the asset you send by 20% per day or 10% per day. This volatility is not acceptable for payments, ”explained Markus.
The head of Facebook Novi also noted that the company is considering using non-fungible tokens (NFT).
Novi is a division of Facebook.which is developing a cryptocurrency wallet of the same name. Last week, Marcus published an article in which he reported that the development of Novi has already been completed and the crypto wallet will soon be launched on the market.
In July it became known that the social networkTwitter will support Bitcoin. According to CEO Jack Dorsey, the first cryptocurrency will be integrated into existing Twitter products and services, including paid subscriptions, commerce, and the ability to support creators.
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