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Topic: Facebook appointed David Marcus to explore Blockchain (Read 231 times)

newbie
Activity: 134
Merit: 0
Good new!
Hope his feedback to Mark will be positive tho!
Crypto needs only positive comments the rest will be good stories.
newbie
Activity: 154
Merit: 0
It is very good to know David Marcus is now exploring block chain tech so that it could be used with in Facebook ecosystem.  It is very good that Facebook is supporting block chain and slowly it is implementing.
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Its a wonderful if David  Marcus appointed  to explore blockchain in facebook it can be easily when we had some problems about the transactions on the same way.
newbie
Activity: 257
Merit: 0
Great move by Facebook. With this tempo Facebook is moving, I'm very sure their token will out in no distant time. Facebook is set to take the bull by the horns.


David Marcus is a well known techie who served as CEO of Paypal and Vice President of Messaging at Facebook, has now moved to a different role to explore blockchain technology to be used within Facebook ecosystem.

Few of his achievements:
1. Facebook messenger has become a standalone app on the first month of his job.
2. Facebook messenger is now processing 17 billion + messages every month.
3. He is also a board member of CoinBase.
4. Two international patents.

While the end goal of this initiative is not yet finalized and unknown to the common mass. It is evident that big corporates are now ready to spend billions in blockchain research and development. Outlook towards blockchain is changing for a better computing world. Voice your support!

News source:
Link 1 || Link 2 || Link 3
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
I don't really like FB. To be honest it's a spyware that doesn't even have to infect your computer. You will openly adopt it and share all your information with the agencies that actually control and use FB. Zuckerberg is just a puppet without any power. That's one of the reasons why their interest in blockchain shouldn't be seen as something positive. It would be best if those dogs from CIA stayed as far from it as possible.
sr. member
Activity: 1960
Merit: 329
Binance's CEO Zhao Chang Peng told at Newyork seminar, every platform such as facebook, instagram etc. gonna have their own crypto currency. I believe in this way too. They gonna invent their blockchain and use their currency.
This will be great if it comes. Cryptocurrency needs all this social media sites to make some more progress. With Facebook coming onto Cryptocurrency, it will bring more awareness and  bitcoin will be more scarce to acquire and price will go to moon.
member
Activity: 252
Merit: 10
Binance's CEO Zhao Chang Peng told at Newyork seminar, every platform such as facebook, instagram etc. gonna have their own crypto currency. I believe in this way too. They gonna invent their blockchain and use their currency.
jr. member
Activity: 40
Merit: 1
I just can't see Facebook helping bitcoin at all. Zuck knows how much the Winkelvii have, and i'm sure he'll do everything in his power to ensure they don't increase their wealth, sadly.
jr. member
Activity: 34
Merit: 2
Facebook should open a lightning channel and make it seamless for it's uses to connect. Earn them fees.
jr. member
Activity: 36
Merit: 2
Not sure how a centralized company like Facebook, which depends on owning your data and attention in order to profit, could benefit from blockchain...
member
Activity: 238
Merit: 10
Maybe through Mr. David Marcus there would be a big plans and big changes that would be happening in facebook that we should be waiting for so let's hope for the great news of this.
legendary
Activity: 1246
Merit: 1049
This might end up like a "Facebook Credits" ver 2.0 that were used in game and applications on their platform.
Maybe this time, it could finally be used to send from one messenger to another lol (one fb account to another) .


I don't know anything with this but this can be an ideal for facebook if David will suggest not to adopt crypto but they will adopt blockchain.

So next innovation will be:

- Facebook users can now send credits / money to the people who they are chatting through facebook credits ver 2.0 or facebook pay.



I wouldn't say that it is the next innovation since they have already made it in the past.
Yes, it have been implemented on the closed beta of FB credits. They discontinued it when they introduced the newer game card feature.

That’s great news! With more than 2 billion users around the world, Facebook would finally put to rest the claims of skeptics that cryptocurrency is a scam or a Ponzi Scheme. A giant leap towards becoming mainstream.

I'd think it's too early to celebrate and say it as a giant leap.
Who knows, it might be the opposite. Instead of contributing to the crypto world, it will end up with a negative effect.
member
Activity: 336
Merit: 14
That’s great news! With more than 2 billion users around the world, Facebook would finally put to rest the claims of skeptics that cryptocurrency is a scam or a Ponzi Scheme. A giant leap towards becoming mainstream.
sr. member
Activity: 462
Merit: 252
this is an indication that social media giants Facebook are fans of the crypo system because no one can now deny the financial benefits , security and ease of doing business with this system.when Facebook announced that they would be banning crypto ads we all knew they took that stance to protect their  business against possible lawsuits and legal actions. This current move is a step in the right direction and will only serve to further foster the growth and development of our crypto ecosystem because as was proven the other day Facebook is a well spring of "raw" information and has also proven the influence it can have on its customers, in other words should Facebook eventually accept the system a huge number of its customers will also follow them to the crypto world.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
With the past experience of David Marcus in paypal and coinbase,my observation is that Facebook might have it mind to create it own coin since it realised that she is the biggest and largest social media in the world. By exploring blockchain technology to be used within Facebook ecosystem it means Facebook cryptocurrency will soon come to the limelight. I suggest.

They will not create their own altcoin.

I think blockchain will be explored properly now in Facebook

 Shocked

What do you mean by that? And why the hell are you yes-man of facebook?

[...]

Why does this interest us?

my question is, even if Facebook finally implement blockchain tech into its system will it stop it CEO from invading it users privacy? personally, I don't think anything will change even if they implement blockchain to their system, facebook will still remain facebook just like the way it used to be, ( centralized system ) 

 that's why I do not understand why there are people who are happy about it, what does that matter to us? because it does not change anything
newbie
Activity: 294
Merit: 0
It is very good to know David Marcus is now exploring block chain tech so that it could be used with in Facebook ecosystem.  It is very good that Facebook is supporting block chain and slowly it is implementing.
newbie
Activity: 252
Merit: 0
It's a great news today. I think blockchain will be explored properly now in Facebook and hopeful to integrate the tech on Facebook soon.
newbie
Activity: 266
Merit: 0
Facebook is a social site so there are many people’s are connecting with facebook. If this is happened it may be a positive effect on blockchain development.
newbie
Activity: 308
Merit: 0
Such an biggy working on blockchain technology is a great news. This will increase the acceptibility of blockchain technology and people will understand that crypto is a modern day currency and all should accept it. This will be benficial for world economy and development.
full member
Activity: 1498
Merit: 129
If this is good then it is good news but I still think anything they make use of blockchain technology will still be centralized however it might open more opportunity for cryptocurrency because facebook is a big company in which some other social network look up to so Facebook tapping into blockchain technology will certainly make some other company to do the same which means blockchain technology is gradually been adopted by more big and popular company. We hope to hear more from this again.
newbie
Activity: 304
Merit: 0
With the past experience of David Marcus in paypal and coinbase,my observation is that Facebook might have it mind to create it own coin since it realised that she is the biggest and largest social media in the world. By exploring blockchain technology to be used within Facebook ecosystem it means Facebook cryptocurrency will soon come to the limelight. I suggest.
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