David Marcus, co-founder of Libra and a former PayPal president, began to ask about DeFi on Twitter just recently. He’s a former President of PayPal who ran the Facebook Messenger team. Now, he is helping to run Libra, the digital currency project first launched by Facebook but one that has since expanded to a more decentralized/distributed mandate.
Marcus recently asked about DeFi, having seemingly begun to read up on the subject. He asked his followers “What are the most interesting DeFi projects beyond Uniswap, Maker, and Compound I should know about?”
It’s not clear why Marcus is asking about DeFi, but he’s a huge fan of Blockchain, Ethereum, and other decentralized networks and neo-financial innovations.Also, legendary venture investor Naval Ravikant recently stated in a podcast with Tim Ferris “They’re building a decentralized Wall Street, they call it DeFi, D-E-F-I, for decentralized finance. But I actually think it’s more like DEFY as, just defy the government, DEFY. And so, I think, we’re seeing a whole new casino that’s better than Wall Street.”