According to the head of venture capital fund Polychain Olaf Carlson-Wee, Facebook authority must be wise enough to launch its cryptocurrency on open blockchain – investment resource found out.
Carlson-Wee has explained that he means an open infrastructure like Bitcoin blockchain has, where creator refuses from control over developed platform. Such an initiative would be useful for a social network, the head of the venture fund believes.
“I think that, taking into account all Facebook problems with the platform`s policy and thinks like that, company’s strategic step would be to create open infrastructure. And this infrastructure could be built into all Facebook platforms, which are closed, of course. With the help of open infrastructure they will be able to achieve the highest success”, – Carlson-Wee expressed his opinion.
In addition, one of advantages of giving up control over the blockchain platform will become the fact that in case of disagreement, the company will avoid liability. This looks like the situation with creation of the Internet. “People, created the Internet, are not responsible for everything that is happening on the network”, – the head of Polytech said.
The top manager of the venture fund also shared his view on cryptocurrencies, which, according to his opinion, should become a common and accessible means of storing wealth.
“If the largest technological companies decided to direct all their resources on creation of public peering cryptocurrency infrastructure, I would be delighted”, – he claimed.