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Topic: Facebook and blockchain - page 6. (Read 2006 times)

legendary
Activity: 3374
Merit: 1922
Shuffle.com
May 13, 2018, 03:54:58 AM
#27
Nevertheless, the banning was related to the spamming and suspicious of ICO's activities, they didn't ban the complete world, but the suspicious ads (please tell me if I'm wrong on this point, for I do not own a Facebook account-I despise the platform- and my point is based on what I've read only).
Yeah they didn't ban it completely. Most ico ads were removed but there are still some that managed to promote cryptos in form of giveaways.

Facebook is not blockchain friendly, if they are they wouldn't have block the advertisements from ICOs. They might only get interested in Blockchain if they need data of users blockchain.
It's only right to ban ICO ads because it could easily trick innocent users in to investing and expecting to make a profit from this which is not guarantee to happen. People can still promote ICOs in facebook by posting or making their own page and share posts. The same thing is happening here in the forum theymos doesn't allow any form of altcoin ads (the slot after the first post) but still allows altcoin to be promoted in other forms like bounty/signature campaigns.


hero member
Activity: 1176
Merit: 509
May 13, 2018, 03:39:38 AM
#26
Only rumors, but I see that this can be real (unicorns taking over crypto).
This would popularize blockchain and crypto to a new level, I think we are not so far from that anymore.

https://cointelegraph.com/news/facebook-exploring-making-its-own-cryptocurrency-media-report

Not all news coming from cointelegraph are real. I already read this articles but I have doubts if it is legit. The only way for us to find is if facebook will release an announcement about making their own blockchain. Few months ago, facebook banned all crypto related advertisement. Is it because they are against cryptocurrencies or is it because they are planning to make their own blockchain?
jr. member
Activity: 482
Merit: 3
May 13, 2018, 03:29:40 AM
#25
If there's anything I've come to noticed amongst the elite, is that they intentionally run down a wonderful package in order to float theirs. What stands out here isn't Bitcoin or ethereum but the technology. With the Blockchain technology, hardly is there any human challenges that can't be fixed.


Only rumors, but I see that this can be real (unicorns taking over crypto).
This would popularize blockchain and crypto to a new level, I think we are not so far from that anymore.

https://cointelegraph.com/news/facebook-exploring-making-its-own-cryptocurrency-media-report
newbie
Activity: 46
Merit: 0
May 13, 2018, 03:07:31 AM
#24
Nice.... but it’s just a buzzword. No different than adding .com to the end of a company name.

Blockchain without a crypto is basically a fancy database with a chain of evidence system. Will Facebook ever become decentralized? Not in your dreams.

Nice try, Zuck.
full member
Activity: 364
Merit: 100
PlayGame.com
May 13, 2018, 03:06:52 AM
#23
what? last time i read news about cryptocurrencies and facebook is about facebook banning all about the cryptocurrencies and coin in their ads facebook, right now i see that facebook will makes their own cryptocurrencies? what happen here/ oh cmon, where is the news that fakes. is it? or the last news that i read?
newbie
Activity: 50
Merit: 0
May 13, 2018, 03:03:34 AM
#22
Facecoin - the only thing less secure than your privacy.
jr. member
Activity: 68
Merit: 1
May 13, 2018, 02:27:26 AM
#21
rich facebook does not want to miss getting bigger assets. but why the facebook management team ever issued a ban on crypto ads, but they did create their own cryptocurrency.
newbie
Activity: 196
Merit: 0
May 13, 2018, 02:19:00 AM
#20
they have got a plan for a long time. but i think it's hard to build a system. because we all want to use facebook free
hero member
Activity: 1316
Merit: 379
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May 13, 2018, 02:14:49 AM
#19
Only rumors, but I see that this can be real (unicorns taking over crypto).
This would popularize blockchain and crypto to a new level, I think we are not so far from that anymore.

https://cointelegraph.com/news/facebook-exploring-making-its-own-cryptocurrency-media-report
Don't you think it is weird that they banned anything related to crypto currencies from their platform saying that they are all "deceptive" and now they are trying to make their own? I guess those are just rumours as the article says those are unconfirmed information. Or it might have to do something with using the blockchain technology but not making crypto currencies.
There could be a change of decision based on new information. At the time of Facebook pronouncements of the ban, it was reigning ban everywhere. China, Korea,  India even the UK and the EU where singing similar tunes. So Facebook may have wanted to play safe by aligning to the part of ban.
Now it is apparent that crypto is not as bad as it was thought to be. So Facebook could make a u turn.
member
Activity: 85
Merit: 11
May 13, 2018, 02:12:49 AM
#18
Facebook is not blockchain friendly, if they are they wouldn't have block the advertisements from ICOs. They might only get interested in Blockchain if they need data of users blockchain.

Facebook has to move very carefully into to the blockchain and crypto space and differentiate what government would like and what would hate. For example, banning ICO ads must have been nothing but a smart strategic move.
full member
Activity: 448
Merit: 232
May 13, 2018, 02:09:16 AM
#17
Only rumors, but I see that this can be real (unicorns taking over crypto).
This would popularize blockchain and crypto to a new level, I think we are not so far from that anymore.

https://cointelegraph.com/news/facebook-exploring-making-its-own-cryptocurrency-media-report
Don't you think it is weird that they banned anything related to crypto currencies from their platform saying that they are all "deceptive" and now they are trying to make their own? I guess those are just rumours as the article says those are unconfirmed information. Or it might have to do something with using the blockchain technology but not making crypto currencies.

As for me, it's absolutely not strange. And I doubt that this news is just a rumor. Yes, Facebook has forbidden new information about ICOs and crypto-currencies under the pretext that they mislead users. But this does not contradict the fact that now Facebook wants to create its own crypto currency. All is quite logical: Facebook has removed competitors in order to quietly release their own product to the world.

Another thing is that Facebook is very close to the US government. And this solution can belong to them, and not the team of the social network. We all know that facebook collects information about its users. Imagine, what opportunities for this the blockchain will open?
newbie
Activity: 57
Merit: 0
May 13, 2018, 02:00:51 AM
#16
Facebook has an established reputation already and it could make a strong competitor to many cryptos if it only released its coin. I think this is very serious.
member
Activity: 728
Merit: 24
May 13, 2018, 01:55:58 AM
#15
Only rumors, but I see that this can be real (unicorns taking over crypto).
This would popularize blockchain and crypto to a new level, I think we are not so far from that anymore.

https://cointelegraph.com/news/facebook-exploring-making-its-own-cryptocurrency-media-report
I don't know the authenticity. We all know Facebook's friendship with government agencies (all adequate and interested people) and a transparent blockchain system well, in General, does not meet this requirement.
full member
Activity: 392
Merit: 101
May 13, 2018, 01:39:40 AM
#14
Facebook is not blockchain friendly, if they are they wouldn't have block the advertisements from ICOs. They might only get interested in Blockchain if they need data of users blockchain.
A good opinion and I like your opinion.
If only facebook friends be familiar with blockchain then I am sure both have a good future because both of them need each other so if both are complementary then there is no match.
jr. member
Activity: 186
Merit: 3
May 12, 2018, 09:58:37 PM
#13
It is very good for the progress and development of bitcoin in the future by justifying Blockchain technology and the number of investors will make a bitcoin price increase.
member
Activity: 328
Merit: 10
www.daxico.com
May 12, 2018, 02:01:44 PM
#12
Facebook is not blockchain friendly, if they are they wouldn't have block the advertisements from ICOs. They might only get interested in Blockchain if they need data of users blockchain.
newbie
Activity: 84
Merit: 0
May 12, 2018, 01:44:40 PM
#11
Facebook is diving headfirst into the blockchain.
Recode reports the social media giant is creating a team dedicated to blockchain, headed by former Messenger lead David Marcus, who also has experience at Coinbase and PayPal. Marcus later confirmed this shift in a Facebook post.
newbie
Activity: 140
Merit: 0
May 12, 2018, 01:44:23 PM
#10
I am not sure what would be happen. But I think it is possible by Facebook to launch new crypto. And blockchain as well as crypto industry will go another level of interest. Thus market will be highly competitive and people will involved more in the industry.
full member
Activity: 434
Merit: 246
May 12, 2018, 01:28:54 PM
#9
If the whole thing isn't going to be decentralized then forget it. Centralized platforms creating their own Cryptocurrencies could set a bad precedence.
Exactly. It is really hard for companies to build a blockchain platform, as they are centralized by definition. Unless they somehow incentivize their huge base of users to enter into some kind of PoW or PoS mining scheme, they will have to be centralized. And then, they are not really creating a cryptocurrency in the true sense of the word.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
May 12, 2018, 12:12:34 PM
#8
If the whole thing isn't going to be decentralized then forget it. Centralized platforms creating their own Cryptocurrencies could set a bad precedence. They should probably stick with IPO & redeemable points.
 No to corruption! 
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