David Marcus: From PayPal to Facebook/Meta to Building on Bitcoin and the Lightning Network

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  • Опубліковано 1 сер 2024
  • David Marcus is the CEO and co-founder of Lightspark, building core infrastructure on the Lightning Network. Most recently he led Meta’s payments and crypto efforts. In 2018, David started Diem (fka Libra). He joined Meta, then called Facebook, in 2014 to lead Messenger. Previously, he was PayPal’s President. A lifelong entrepreneur, Marcus launched two companies in Europe, then founded mobile payments company Zong in Silicon Valley, which was acquired by PayPal in 2011.
    🐦 Follow David on Twitter / davidmarcus
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    🗒️ IN THIS EPISODE:
    0:00 Intro, Swan Bitcoin, Bitcoin 2024 promos
    1:52 Growing up in Paris, Switzerland; family lost everything
    4:22 Started working in banks, telecom
    7:41 PayPal, Meta, Facebook mobile payments
    13:18 Discovering Bitcoin
    16:30 Bitcoin's energy use
    23:01 Parallels between internet and Bitcoin, Lightning
    26:05 Payment infrastructure
    28:44 "Openness changes power structures"
    30:22 What is the Lightning network?
    38:17 Bitcoin as store of value, Lightning as currency
    39:03 "Spend your fiat, save your Bitcoin"
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    Producer: Aron Bender / aron-bender
    DISCLAIMER This show is for entertainment purposes only and does not give financial advice. Before making any decisions consult a professional. #bitcoin #cryptocurrency #money

КОМЕНТАРІ • 31

  • @nataliebrunell
    @nataliebrunell  Рік тому +7

    This is my only UA-cam page. Please don't give your information to anyone impersonating me. Thank you for watching and supporting my show.

  • @silloh888
    @silloh888 Рік тому +3

    This was great, wow, I thought Marcus was an evil FB minion via Paypal, but he was it in from the MtGox era! He is a legit asset to the community, bravo, great interview Natalie!

  • @MarcelBona542
    @MarcelBona542 10 місяців тому

    From the Netherlands I want to thank you for this great interview👍👍

  • @knoxlowe1
    @knoxlowe1 4 місяці тому

    Hi Natalie! I'm catching up on some of your older interviews and this is a great interview with David Marcus. He tiptoes around a little because he can't just say the truth without making some enemy's. Let me say it straight. The management of money is the purview of the government. The reason private individuals and businesses are stepping in but are being thwarted at every turn is that, (1) the government and their banks are not doing their job and they are decades behind and, (2) the government and their banks will not relinquish control in the area of financial management in this digital age. It's as simple as that. If the government would pull their head out of that dark place, figure out this digital currency thing, and issue some responsible guidance, The whole thing could be figured out MUCH more quickly. The real problem... they can't figure out a way to issue guidance and still maintain control. The bozos are between a rock and a hard place. Fact!!

  • @evapastorkova5492
    @evapastorkova5492 2 місяці тому

    Inf.David❤

  • @dek2000utube
    @dek2000utube Рік тому

    So Exciting! ... Thank you both.

  • @Mr.McMello
    @Mr.McMello Рік тому

    thanks Natali!

  • @mc-kz8zn
    @mc-kz8zn Рік тому +2

    Great discussion, what an interesting guest! Thanks Natalie for a great podcast!

  • @justinaaqlong743
    @justinaaqlong743 Рік тому

    Natali great video

  • @dexinvictus6103
    @dexinvictus6103 Рік тому

    David Marcus also on the board of Nu Holdings. 👀🚀🌚🌝🚀👀

  • @gxtoast2221
    @gxtoast2221 Рік тому

    Epic Cash probably doesn't need tech and services like Lightspark whereas Bitcoin is a lot older tech and arguably the king of crypto so it demands more innovation that improves it.

    • @logann001
      @logann001 10 місяців тому

      Older tech are you serious, nothing has bettered it 13 years and the innovation being built is off the charts you just aren't interested in looking .

  • @bitcoinpoemspro1406
    @bitcoinpoemspro1406 Рік тому

    It was an excellent interview, thanks so much, Natalie!

  • @bethgreenberet1734
    @bethgreenberet1734 Рік тому

    Bingo bango! Excellent interview! Love your work keep it up❤

  • @dek2000utube
    @dek2000utube Рік тому

    Natalie ... How can I get a communication to David personally?

  • @mrmuffin5046
    @mrmuffin5046 Рік тому

    you should do an interview with yaron brook

  • @fredhaight2127
    @fredhaight2127 Рік тому

    Very smart: reasonable: kind: genius: I can see why he get's hired with great companies

  • @bettermetalsnake95
    @bettermetalsnake95 Рік тому

    Orange Pill App sounds like a security risk.

  • @sirnoodles78
    @sirnoodles78 Рік тому

    Wow even bitcoin earrings 😂

  • @user-fe9nv9lw9f
    @user-fe9nv9lw9f Рік тому +3

    I just figured out yesterday that most rich crypto holders invest with professional crypto traders to learn new strategies and earn huge amount of money. How true is this

    • @MatthewRobinson3
      @MatthewRobinson3 Рік тому

      ​@Ann baldwinYes I agree with you, Nancy Williams strategy has been helping a lot of traders/newbies out there, with her program i was able to recover my losses from the crash so swiftly.

    • @dagame614
      @dagame614 Рік тому

      It doesn't matter if you are a current holder or a newbie, you can capitalize on the fluctuation of bitcoin by trading with good strategy/signals.

    • @user-fe9nv9lw9f
      @user-fe9nv9lw9f Рік тому

      ​@Ann baldwinPlease educate me, I’ve come across this before, Now i'm interested to start trading with a pro

    • @Cindycalors-sy8fw
      @Cindycalors-sy8fw Рік тому

      Building a good investment portfolio is more complex so I do recommend traders to seek Nancy Williams' support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams.

  • @StepUPNJ
    @StepUPNJ Рік тому +3

    He talks about Bitcoin mining as if it's going to be the great step in going green globally.
    Bitcoin mining is basically using massive amounts of energy to guess at a number in order to earn bitcoins for the miners, meanwhile contributing nothing to the real economy of goods and services. The whole concept is a complete and ridiculous sham.

    • @yohan9747
      @yohan9747 Рік тому +1

      I think you should look for more information on the full impact of bitcoin on the environment. Of course there are massive positive from a grid balancing perspective but even if you think this is all BS, think about the impact of Bitcoin on nowadays consumers behavior. If we move to a Bitcoin standard, the "always more" mentality will shift to a more austerity one.

    • @StepUPNJ
      @StepUPNJ Рік тому

      @@yohan9747 the impact of Bitcoin on consumer behavior is approximately 0. There's nothing wrong with an always more mentality .. That's called progress in the free market.

    • @logann001
      @logann001 10 місяців тому +1

      ​@StepUPNJ When censorship of money and transactions come your then realise how important censorship resistant is.

  • @robert.dillon
    @robert.dillon Рік тому

    He just doesn't come across as a genuine guy

    • @yohan9747
      @yohan9747 Рік тому +1

      Yep. Same here but let's focus on the information he provides. As long as he permits Bitcoin companies to flourish, I don't care if he is a good or bad person. Liars don't flare very well under a Bitcoin standard anyway

    • @logann001
      @logann001 10 місяців тому

      Bad judge of character I say.