
David Marcus
@davidmarcus • 196,927 subscribers
CEO & co-founder @Lightspark, the open infrastructure for money movement. Ran Payments/Crypto & @Messenger at @Meta, led @PayPal + 3 startups.
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My new favorite “impress your friend” thing to do on weekends is showing off SoFi’s new, realtime, ultra-cheap international payment experience. I show 🇺🇸 to 🇲🇽, on a weekend (other banks can’t do it), and the $ magically gets to MX in 2 seconds. Built on invisible Bitcoin.
David Marcus128,130 views • 10 months ago

Showcasing @Lightspark team's relentless work leading to shipping Grid Global Account today the best part of this morning's keynote The Bitcoin Conference. If you spent time in payments, you know how much needs to go into a global dollar account that can be spent virtually everywhere!
David Marcus33,782 views • 4 months ago

Super rough edges still, BUT this morning, we had the very first end-to-end Universal Money Address (UMA) transactions between different countries, wallets, and currencies powered by #Bitcoin Lightning Network under the hood : 1) In terminal mode from the US with Bakkt in US dollars (with the wrong fee) to Bitnob in Ghana in Ghanaian Cedi (client-side receive not complete yet, so not shown, but received server-side, performance not optimized yet); 2) From Argentina with Ripio in USDC to POUCH in the Philippines in Philippines peso; 3) From Ghana with Bitnob in BTC (perf not optimized yet) to POUCH in the Philippines in Philippines peso. For all but one of these transactions, consumers will never need to know #Bitcoin was the net settlement asset and network between these institutions, just like sending an email doesn't require consumers to know anything about SMTP. Lightspark open-sourced and announced UMA less than two months ago, so we're still in the very early phase of the standard roll-out. But, by the time these implementations get into the hands of consumers, the experience will be magical. An always-on, currency-agnostic, 24/7 settlement network with human-readable addresses. We wanted to share the same day even though much more work will happen to make this production ready in weeks to come. We're incredibly grateful to all our partners across the world and the ones actively implementing now. We really can't wait to make this mass market in 2024!
David Marcus150,049 views • 2 years ago

Incentivizing users with realtime Bitcoin rewards has never been possible like this until now without custody. Great for card issuers (earn BTC at every tap), game developers, and so much more. Here's a little fun demo the team built using Lightspark Grid and Spark wallets.
David Marcus28,774 views • 9 months ago

My keynote from @Lightspark Sync24: ➡️Why money not moving on the Internet is an anomaly holding us back ➡️Why we’re due for an infra inversion (🤝 Andreas (aantonop Team)) ➡️Why #Bitcoin is the only asset and network that’s neutral enough ➡️What we built together so far ➡️The Money Grid
David Marcus33,378 views • 1 year ago
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