Facebook Libra: Meet Morgan Beller,the cryptocurrency's driving force

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Facebook Libra: Meet Morgan Beller,the cryptocurrency's driving force
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Morgan Beller sparked Facebook's newest big endeavor with a fateful meeting over a cup of coffee.

Salvador RodriguezFacebook Vice President David Marcus is the face of the company’s Libra digital currency, but the original driving force was a 26-year-old female engineer named Morgan Beller.On February 12, 2018, Silicon Valley investor and cryptocurrency technologist Howard Wu was invited to Facebook headquarters in Menlo Park to discuss the implications, opportunities and risks of introducing more than 2 billion online users to blockchain technology.

But in the blockchain community, Beller is known as the original driving force behind Facebook’s push into cryptocurrency. On LinkedIn, Beller lists herself as head of strategy for Calibra as well as co-creator of Libra – one of three Facebook employees to do so, alongside Marcus and Vice President Kevin Weil.

Beller succeeded in convincing the company to take blockchain technology seriously, and on May 8, 2018 the project was officially kicked off with Beller working on the project alongside Marcus, who had previously been the executive in charge of Facebook’s Messenger chat service.Paul Krassner, author and '60s prankster who coined the name Yippies, dies at 87

Those sentiments have been echoed by Facebook and Marcus since the June announcement of Libra and Calibra. Last week, in his prepared remarks for the Senate Banking Committee, Marcus stated that “the status quo is not working for many; it is too expensive for people around the world to use and transfer their money. We believe Libra can offer a more efficient, low-cost and secure alternative.”

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