Libra’s co-creator had geopolitical motivations to build the digital currency

“What got me out of bed every morning was China”

NFX General Partner Morgan Beller and General Catalyst Managing Director Marc Bhargava

Morgan Beller, the co-creator of Meta’s now-defunct Libra digital currency project, revealed on stage at TechCrunch Disrupt 2023 that “what got [her] out of bed every morning [at the time] was China.”

In case that wasn’t explicit enough, Beller directly referred to the Belt and Road Initiative, which is considered a centerpiece of China’s foreign policy. Spicy, isn’t it? Let’s unpack this.

First, a caveat: Beller prefaced her comments with a disclaimer that she wasn’t talking on behalf of Meta; she is now a general partner at venture firm NFX.

Still, it adds new context to Libra — and Meta — to know that its co-creator was motivated by geopolitical concerns about the Chinese Communist Party.

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