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Topic: Facebook and blockchain - page 7. (Read 1998 times)

sr. member
Activity: 868
Merit: 266
May 12, 2018, 12:12:15 PM
#7
Facebook needs to decide on which side is it. I believe it is wrong to have faith in blockchain but avoid the top blockchain projects. Banning ads for all cryptocurrencies wasn't a fair decision. Creating their own crypto - well, I believe this will be a big loss for facebook. Why? Because facebook is not secure enough for people to perform serious transactions through it and people of facebook are not used to spending money in the network (vk.com, for example, has the 'votes' you buy for fiat and then spend on virtual presents, fb is just not like that). Telegram might be successful, but even it cancelled ico in its own weird way.
It would be very unfair if this was to happen and they get away with it without any consequences because it would be an unfair advantage to them because they are now the biggest advertising company and would certainly make sure their products are the only ones being brought to the public.
legendary
Activity: 3248
Merit: 1402
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May 12, 2018, 12:05:33 PM
#6
Facebook needs to decide on which side is it. I believe it is wrong to have faith in blockchain but avoid the top blockchain projects. Banning ads for all cryptocurrencies wasn't a fair decision. Creating their own crypto - well, I believe this will be a big loss for facebook. Why? Because facebook is not secure enough for people to perform serious transactions through it and people of facebook are not used to spending money in the network (vk.com, for example, has the 'votes' you buy for fiat and then spend on virtual presents, fb is just not like that). Telegram might be successful, but even it cancelled ico in its own weird way.
legendary
Activity: 3332
Merit: 3116
May 12, 2018, 10:46:51 AM
#5
I'm not surprised, to be honest, this is the new technology and it is normal for a platform as Facebook to make their own coin in order to be ahead in the current market.
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).

Will Facebook seek a behavior similar to Steemit? Will they have their own currency in order to buy services on their platform? It hasn't confirmed yet. The only point confirmed at the time is the new Blockchain research committee in the Facebook industry.
Besides, if they want to stay at the top, they will need soon to join the Blockchain technology, as Telegram has already done: they've sold up their ICO, the GRAMCOIN and obtained a lot of money already.
If Facebook wants to stay alive, it will be needed for it to join the cryptopath.
member
Activity: 238
Merit: 38
May 12, 2018, 10:43:04 AM
#4
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.

Firstly they have banned ads because some scam ICOs and some services related to crypto were scams. But I do not believe they are trying to make their own crypto at this point. They could see to implement blockchain because of some reasons with how they think is better for their back-end system. Even if they lunch their coin I doubt that we will see it soon.
copper member
Activity: 2968
Merit: 575
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May 12, 2018, 10:31:44 AM
#3
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.
member
Activity: 280
Merit: 28
May 12, 2018, 10:19:45 AM
#2
It's more to do with using Blockchain for data security, than any actual imminent Cryptocurrency or ICO.
newbie
Activity: 84
Merit: 0
May 12, 2018, 10:11:50 AM
#1
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
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