VP Product, Calibra Wallet: Facebook Cryptocurrency Will Take Decades to Implement

VP Product, Calibra Wallet: Facebook Cryptocurrency Will Take Decades to Implement

In comments likely designed to assuage regulator concerns, Kevin Weil, VP Product for Facebook’s Calibra cryptocurrency wallet program, told people attending the Web Summit technology conference in Lisbon November 5th that Facebok’s proposed cryptocurrency network will take decades to implement: “This is not going to be a thing that spreads like a social network…This is going to be the work not of years but of decades, and it’s worth making.”