"IF" investments stop flowing in.
When do you expect that investments will stop flowing?
Facebook coin is becoming overhype just because it is 'facebook' but if comparing with the other coins they don't have much difference. Facebook should should focus with blockchain integration of their platform through bitcoin instead of creating another altcoin.
Topic: Barclays: ‘Facebook Coin’ to bring in $19 billion by 2021 - page 4. (Read 663 times)
The said cryptocurrency would allow users to make direct transactions, and will be tied to the value of fiat currencies.
The correct expression of it will be a digital currency rather than a cryptocurrency, and it will bring more revenue but will not differ greatly from the idea of being stock.
As for the people will not get something from HODLing it because it will remain constant value for long periods and may not resort to Facebook to manipulate the price.
Yesterday, Facebook suffered from an interruption in service for a long time so I do not expect their currency to be a real competitor to Bitcoin.
We’re aware that some people are currently having trouble accessing the Facebook family of apps. We’re working to resolve the issue as soon as possible.
Overhyped. Facebook doesn't need to use blockchain for this. They can simply make a centralized database for currency transactions on the platform. It ain't going to be a permissionless network and surely can't have the same properties like Bitcoin.
$19 billion, if that's really happening, then is just a waste of money.
$19 billion, if that's really happening, then is just a waste of money.
A Barclays analyst said that Facebook’s digital coin would provide the social network platform a “lifeline” if investments stop flowing in.
Full article here: https://www.unblock.news/news/barclays-facebook-coin-to-bring-in-19-billion-by-2021
Full article here: https://www.unblock.news/news/barclays-facebook-coin-to-bring-in-19-billion-by-2021
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