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Youngest Bitcoin millionaire says his Metal Pay will kill facebook Libra

Eric Finman, a 20 years old cryptocurrency entrepreneur became a millionaire when he was a teenager. He has now launched…

By Jenny Scordamaglia , in Bitcoin Business International Trade , at August 21, 2019 Tags: , , , , , , ,

Eric Finman, a 20 years old cryptocurrency entrepreneur became a millionaire when he was a teenager. He has now launched a new project and he is claiming that it will ‘kill’ Facebook’s Libra.

He says that Metal pay will be the first cryptocurrency payments app that will change the way people send and receive money, and will be ‘all-in-one’ app.

He tweeted “This. Is. The. Libra. Killer.”  It is a really risky claim to make given that Facebook has more than 3 million followers and it has partnered with the payments giants MasterCard and PayPal for its Libra payment system.

Eric said, “We are going to bring cryptocurrency to people in a way that Facebook Libra can only think of.”

Facebook announced Libra earlier this year but it has not launched it yet amidst various concerns stemming from the Europe and US.

 Facebook has faced criticism for not being true to its claim and it does not even support bitcoin or any other cryptocurrency.

Mr. Eric explains that he made his first investment in cryptocurrency at the age of 12 with the help of his relatives. He claims to be the “youngest bitcoin millionaire”. The venture comes with its associated cryptocurrency and it is called “Metal” and he believes will one day “beat bitcoin”.

Despite all this hype Metal remains vague and does not even feature in CoinMarketCap’s list of top 100 cryptocurrencies.

It suffers from extreme price instability and has lost its value more than half since July.

Metal was trading at $12 per token in 2017 but today the price of one token is even less than $0.40.

Libra coin blockchain concept / New project libra a cryptocurrency launched by Facebook 

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