Facebook Security Director Ryan McGeehan Will Leave to Join Coinbase

Ryan McGeehan, Facebook's Director of Security, has announced (via Facebook of course) his plans to leave and join Coinbase to build their security program:

"I found myself within Facebook's mission to make the world more open and connected and this led to my need to protect people through technology. Over the years I've dedicated myself to building a world class program around this purpose with Facebook's support. Now I need to take on new and different risks to continue developing myself personally. I've accepted a role at Coinbase to build their security program starting in April. Joining Facebook was a big risk, and this will be too no doubt. I've decided that crypto currency is worth protecting and I'd regret doing anything else right now."

He joins Todd Edebohls, a director from Amazon, who will also be leaving his post to join Facebook. Last June, Charlie Lee, the founder of Litecoin joined Coinbase as well. Coinbase co-founder Fred Ehrsam said, "The industry is continuing to evolve. We’re attracting very, very top talent from prior rocketships that were successful.”

A move of such proportions- from one the hottest companies on the planet, which has seen its value surge by 150% in the last 12 months to $175 billion and dominate the social networking world with 1.23 billion active users, to a Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Startup Startup A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c Read this Term- takes either guts, extreme faith or something else we're not aware of. Or simply a love and vision for a bright future for Bitcoin, with Coinbase at the forefront. Bitcoiners should be flattered by this overture and society will no doubt raise their sentiment on digital currency by a notch.

Ironically, the move unintentionally solidifies earlier comparisons between Bitcoin and Facebook, which were mostly negatively natured.

Coinbase currently supports over a million consumer wallets and 27,000 merchants.