Cryptocurrencies
Andreessen’s Katie Haun Says More Libra-Like Crypto Projects to Follow
- Venture capital firm is an investor in Libra, competitor Celo
- ‘We are in the dial-up days of internet money,’ Haun said
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Katie Haun, a general partner at Andreessen Horowitz, said that in 10 years money will be digital, the same way books and music are today -- and that efforts such as Libra, which the venture-capital firm has invested in, will be key to getting there.
Libra, of course, is the controversial project started by Facebook Inc. a year ago, with the idea of creating a a global digital currency. The effort has run into regulatory and political resistance, and has had to regroup. But the pressure hasn’t made Andreessen less of a believer. The firm has invested in rival Celo as well.