#danielshulman

[qbdotcom]

The CEO of PayPal spoke about the reasons for the exit from the Libra project

PayPal CEO Dan Schulman in an interview with Fortune told about the reasons for the company's exit from the crypto-currency project Facebook Libra.

Shulman noted that the company has very strong, reliable and trusted ties with US financial regulators, so regulatory uncertainty regarding Libra did not scare PayPal's management. However, the company decided to reconsider its involvement in the project and instead focus on its own development.

"We were learning more and more about Libra and how much needed to be done to launch the project. We thought that if we focused on our own development, we could ensure financial accessibility faster than if we directed these resources to Libra, " Shulman said.

He stressed that it was not a " hard breakup." Libra stablecoin remains very interesting and when Libra's prospects become more certain, PayPal may well become a participant of the project again. 

In addition, Shulman said that PayPal's management is very supportive of blockchain and is interested in this technology.

"It is interesting, but for the development of blockchain must do what conventional systems can not. Most believe that the blockchain gives the effectiveness. But traditional systems are now very effective. Sometimes they work through intermediaries, but there are no problems with efficiency. We think blockchain can show its advantages in the field of identification, for example. It's all about application."

When asked by a journalist about whether the CEO of PayPal keeps cryptocurrencies, Shulman said that he owns only bitcoins.

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#beautifulgarbage #garbage #shirleymanson #dukeerikson #stevemarker #butchvig #mattchamberlain #danielshulman design : #mecompany photography:#warwicksaint This is what I love about Garbage combination of so many musical styles thrown in to make a stew we call Garbage, Shirley Manson is a great vocalist and frontman and this album proves after the band going out and getting their great live chops down and to have one of the 90’s and current best producers with Butch Vig who made #nirvana’s #nevermind & #smashingpumpkins #siamesedream to name a few and the songs on this record #shutyourmouth #cherrylips - my fave add #adrogyny - that makes for one of the finest records of the 21st century Love Them Live!! And they are touring Enjoy (at Hollywood Hills) https://www.instagram.com/p/CXclRg4rjxm/?utm_medium=tumblr

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#version2point0 #garbage #butchvig #stevemarker #dukeerikson #danielshulman #michaelmasley #toddmalcolmmichiles #jonjvriesacker #billybush #mikezirkel #scotthull #howieweinberg photography: #stephanesednaoui Another great amazing album by this gifted band. This sophomore release is as easily as brilliant as their debut. This broke Garbage globally. The video for #pushit was nominated for 8 MTV Video Music Awards and topped lists of best album of 1998 and clearly with such great tracks as #ithinkimparanoid #special #whenigrowup #youlooksofine .it’s such a great blend of rock/electronica Love this band! Go see them live the do not disappoint Enjoy (at Hollywood Hills) https://www.instagram.com/p/CTTRuhmFVAG/?utm_medium=tumblr

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#raisinghell #rundmc #josephrunsimmons #darryldmcmcdaniels #jasonjammasterjaymizell #rickrubin #russellsimmons #joeperry #steventyler #samsever #danielshulman #kriegwunderlich On. A day like today when you lose someone amazing like #melissamatuzak you need something to make you celebrate and this album has it all! It’s what Mel and I would quote lines from all day, this album is perhaps the greatest hip hop album of all time! Today this what The Dr. ordered as I find myself saying to Mel #itstricky or where’s #myadidas or when we have a wacky artist #youbeillin, this is a great group who broke down so many barriers , this is the first hip hop album to multi platinum, our show at #royaloakmusictheatre in 85 was so off the hook and loved the double Bill later with #thebeastieboys sad that #jammasterjay is no longer with us #hititrun Enjoy! (at Hollywood Hills) https://www.instagram.com/p/CMDy6r3FCl2/?igshid=d7ehcij8mekn