Globalcoin or any other centralized cryptocurrencies should not capture the marketplace. We need to take care the decentralized market in our hands and keep work on investing to this market more than the centralized market.
This is my opinion to understand after this thread about this announcement.
Topic: BBC - Facebook to launch Globalcoin in 2020 - page 2. (Read 409 times)
Well, that's very good.Agree if this really happens to the cryptocurrency will cease to be treated as a bubble.Once that happens,banks will cease to exist.
They might consider the potential of crypto even they ban ICO advertisements in Facebook, nothing less we can't deny that crypto is good for the payment transactions and does really need in this online technology era, Facebook needs to be conscience atleast on their plan since too many news before we're out telling to have Facebook crypto before this globalcoin news.
This would be another leap forward for cryptocurrency. Facebook has realized crypto is the future and want's to be the first tech giant to connect it's users with crypto. But as some of the oppressive authorities are against the use of Crypto, Facebook is diversifying and moving out it's operation and as the article states this would be released only to a limited number of countries. Which I suppose would be crypto friendly ones.
The idea is to launch it on the first quadrimester of 2020 and initially it will be available in 12 countries, what is a very low number taking in consideration the 193 countries of the world. I think it's a bad step as they are already starting restricting the use of the currency.Besides that, it won't be decentralized and will count with help from traditional financial institutions, banks.
It shows how centralized this coin is. We should just stop talking about this and do not create hype around it because it unhealthy for crypto in my opinion.
BBC has made a report stating Facebook is planning to issue a cryptocurrency named "Globalcoin" in 2020.
It would be a payment method for Facebook, Instagram and Whatsapp.
https://www.bbc.com/news/business-48383460
It would be a payment method for Facebook, Instagram and Whatsapp.
https://www.bbc.com/news/business-48383460
I don't think people are surprise at this, this has been in public domain for some time now. Will like to see how this would affect the cryptocurrencies in general, especially the Stable coin, and another thing I want to know is if they are going to be listed on Crypto exchanges which would be a great plus to the space
This would be another leap forward for cryptocurrency. Facebook has realized crypto is the future and want's to be the first tech giant to connect it's users with crypto. But as some of the oppressive authorities are against the use of Crypto, Facebook is diversifying and moving out it's operation and as the article states this would be released only to a limited number of countries. Which I suppose would be crypto friendly ones.
The idea is to launch it on the first quadrimester of 2020 and initially it will be available in 12 countries, what is a very low number taking in consideration the 193 countries of the world. I think it's a bad step as they are already starting restricting the use of the currency.Besides that, it won't be decentralized and will count with help from traditional financial institutions, banks.
Facebook would definitely create their own coin and would have a massive use case. Facebook alone have billions of users worldwide and using globalcoin as payment it would be the most valuable crypto asset. And I will not be surprise if Globalcoin will replace bitcoin at the top spot.
Quote
https://www.bbc.com/news/business-48383460
Facebook wants to create a digital currency that provides affordable and secure ways of making payments, regardless of whether users have a bank account.
The social networking site, which owns WhatsApp and Instagram, is hoping to disrupt existing networks by breaking down financial barriers, competing with banks and reducing consumer costs.
Facebook wants to create a digital currency that provides affordable and secure ways of making payments, regardless of whether users have a bank account.
The social networking site, which owns WhatsApp and Instagram, is hoping to disrupt existing networks by breaking down financial barriers, competing with banks and reducing consumer costs.
Facebook already discovered why bitcoin and cryptocurrencies are useful. Break financial barriers worldwide, reduce customers costs.
Amazing. This is the biggest potential of our ecosystem.
I hope Facebook keep up this project.
I'm curious about this project. What is the function of Facebook coin? Is it for payment or what?
And from I head it will become stable coin. I really don't know the utility of this coin. Gonna wait till launch.
And from I head it will become stable coin. I really don't know the utility of this coin. Gonna wait till launch.
BBC has made a report stating Facebook is planning to issue a cryptocurrency named "Globalcoin" in 2020.
It would be a payment method for Facebook, Instagram and Whatsapp.
https://www.bbc.com/news/business-48383460
I also heard this news today on my Facebook wall. I thought the name will be 'Facebook coin' but it turns out to be 'GlobalCoin'.It would be a payment method for Facebook, Instagram and Whatsapp.
https://www.bbc.com/news/business-48383460
Do you think this will also be listed on the market or only as a payment that can only be used by IG-WA-FB?
Every crypto enthusiast is looking forward to the launch of the rumoured Facebook coin, normally it's going to be a plus for the crypto market, building more hopes, pulling in a massive crowd too. The entire market cap will have a reasonable increase. Very good news are dropping lately all gearing towards crypto adoption.
BBC has made a report stating Facebook is planning to issue a cryptocurrency named "Globalcoin" in 2020.
It would be a payment method for Facebook, Instagram and Whatsapp.
https://www.bbc.com/news/business-48383460
It would be a payment method for Facebook, Instagram and Whatsapp.
https://www.bbc.com/news/business-48383460
This is old news that is now materializing, they know that it's profitable in the long run and they want a slice on the growing cryptocurrency market, I will not be surprised that Google will also have one of its own, after small startups big companies are now rushing in.
Yup the news circulated long time ago but it amazes to hear it over an over. 
They're hyping all these.
Its possible that facebook will also create their own exchange while they are into stablecoin, this will definitely be a game changer that will kill the biggest exchanges right now. They may not have to impose the KYC anymore upon its users, they already did it along time ago.
They're hyping all these.Its possible that facebook will also create their own exchange while they are into stablecoin, this will definitely be a game changer that will kill the biggest exchanges right now. They may not have to impose the KYC anymore upon its users, they already did it along time ago.
BBC has made a report stating Facebook is planning to issue a cryptocurrency named "Globalcoin" in 2020.
It would be a payment method for Facebook, Instagram and Whatsapp.
https://www.bbc.com/news/business-48383460
Mark tried to use the big name of Facebook to get people interested in the GlobalCoin project he made. The hope is to rival the existence of Bitcoin and then profit from it. I think the purpose is reasonable. It would be a payment method for Facebook, Instagram and Whatsapp.
https://www.bbc.com/news/business-48383460
I've seen a lot of topic about this Facebook coin in Bitcoin discussion and here in altcoin, I am not excited about it anymore, although Facebook is huge and they can do manipulation in the market
They can do that because it is centralized but I'm looking at the positive impact that they may bring to the crypto community regards to their advertisement of crypto.apart from being payment method for Facebook, Instagram and Whatsapp what more can they offer that can shoot them to the top 5 unless they can create something innovative..
Exchange and we can decide of what can be the other use of it. We can use it as another payment method if we prefer to receive and accept it. BBC has made a report stating Facebook is planning to issue a cryptocurrency named "Globalcoin" in 2020.
It would be a payment method for Facebook, Instagram and Whatsapp.
https://www.bbc.com/news/business-48383460
It would be a payment method for Facebook, Instagram and Whatsapp.
https://www.bbc.com/news/business-48383460
This news has been on for sometime in this space. It will really be a great move to the much talked about adoption of cryptocurrency. 2020 is already here, let's see how the Globalcoin will go.
Facebook should launch Globalcoin for now. Faster will be better, considering that currently market conditions are also experiencing quite good growth. I mean that the bear season is over, so now is the right time to launch a new project. By becoming a payment method for Facebook, Instagram and Whatsapp, of course it will be a great project. Because we know that social media is owned by almost everyone for now, to be honest I am very supportive. Thank you.
Quote
https://www.bbc.com/news/business-48383460
Facebook wants to create a digital currency that provides affordable and secure ways of making payments, regardless of whether users have a bank account.
The social networking site, which owns WhatsApp and Instagram, is hoping to disrupt existing networks by breaking down financial barriers, competing with banks and reducing consumer costs.
Facebook wants to create a digital currency that provides affordable and secure ways of making payments, regardless of whether users have a bank account.
The social networking site, which owns WhatsApp and Instagram, is hoping to disrupt existing networks by breaking down financial barriers, competing with banks and reducing consumer costs.
Facebook already discovered why bitcoin and cryptocurrencies are useful. Break financial barriers worldwide, reduce customers costs.
Amazing. This is the biggest potential of our ecosystem.
I hope Facebook keep up this project.
BBC has made a report stating Facebook is planning to issue a cryptocurrency named "Globalcoin" in 2020.
It would be a payment method for Facebook, Instagram and Whatsapp.
https://www.bbc.com/news/business-48383460
It would be a payment method for Facebook, Instagram and Whatsapp.
https://www.bbc.com/news/business-48383460
What is this, is this the official name that facebook is stating before? It was just facebook coin and now, they are going to make a coin that will be concerned on the holistic point. I think there is only 2 things it can achieve soon, to be successful or to fail. But honestly, I am not feeling well about facebook launching their own coin.
BBC has made a report stating Facebook is planning to issue a cryptocurrency named "Globalcoin" in 2020.
It would be a payment method for Facebook, Instagram and Whatsapp.
https://www.bbc.com/news/business-48383460
I've seen a lot of topic about this Facebook coin in Bitcoin discussion and here in altcoin, I am not excited about it anymore, although Facebook is huge and they can do manipulation in the market, apart from being payment method for Facebook, Instagram and Whatsapp what more can they offer that can shoot them to the top 5 unless they can create something innovative.. It would be a payment method for Facebook, Instagram and Whatsapp.
https://www.bbc.com/news/business-48383460
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