Bitcoin Archive w Archie Meta Exec & Founder of Libra Coin EXPOSES White House PLOT
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Nov 7, 2025 David Marcus, former Meta executive and PayPal president, pulls back the curtain on a White House plot to undermine crypto innovation. He reflects on how regulators halted his Libra project and discusses the urgent need for Bitcoin as a decentralized settlement layer. Marcus shares insights on building the Lightning network with Spark, focusing on its potential to enable mainstream Bitcoin payments and support stablecoins. He emphasizes that financial freedom is a human right, viewing Bitcoin as pivotal for future money movement.
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From Libra's Demise To LightSpark
- David Marcus explained LightSpark grew from his Libra/DM work at Meta that was shut down by regulators.
- He described Bitcoin as the only unassailable foundation to rebuild an open internet money protocol.
Neutral Base Is Nonnegotiable
- Marcus argues truly global money infrastructure must sit on a neutral, uncallable network to avoid political shutdown.
- He concludes Bitcoin uniquely fits that requirement and is the right base for open global money.
How Regulators Killed Libra
- Marcus recounts Fed and Treasury pressure that led partner banks to withdraw support for Libra.
- He described a Powell–Yellen exchange and a Fed call warning partner banks they'd be 'very uncomfortable' if they proceeded.