Author

Topic: Facebook Attempting to wreck Company and become just a has been Alt coin, (Read 956 times)

legendary
Activity: 1445
Merit: 1000
Facebook will (probably) be a huge force in payments and they do not need crypto.
FB is highly centralized and doesn't respect privacy, why would they need an alt coin?
Yeah, you're right. Also Facebook buys everything Whatsapp, Oculus Rift etc.
sr. member
Activity: 350
Merit: 252
REAL-EYES || REAL-IZE || REAL-LIES||
If I was Facebook CFO this is what I would do

1 Buy Bitcoin

2 Implement Bitcoin feature into Facebook

3 Profit
quite a fascinating Idea..! but when you are already too rich most of time you don't give a f about how much pennies you'll make..! FB will try to release its own coin if they ever feel like doin so.   
sr. member
Activity: 350
Merit: 252
REAL-EYES || REAL-IZE || REAL-LIES||
sr. member
Activity: 364
Merit: 250
I doubt it, facebook might as well mine it in private
full member
Activity: 196
Merit: 101
will we be able to mine it? Cheesy

more likely to be something like PayPal Sad
member
Activity: 73
Merit: 10
If I was Facebook CFO this is what I would do

1 Buy Bitcoin

2 Implement Bitcoin feature into Facebook

3 Profit
legendary
Activity: 4410
Merit: 4766
If facebook creates their own coin, one of their board members is going to be unhappy I imagine: http://en.wikipedia.org/wiki/Marc_Andreessen

It's also possible they will do BTC...

facebook not creating their own crypto blockchain. they are simply expanding the utilities of their facebook credit database to allow withdrawals of 'credits' value and not just purchasing credits
sr. member
Activity: 364
Merit: 250
Facebook accepting Bitcoin as payment...payment for what? advertising fees? BTW facebook has the worst advert system I've ever seen
newbie
Activity: 51
Merit: 0
If facebook creates their own coin, one of their board members is going to be unhappy I imagine: http://en.wikipedia.org/wiki/Marc_Andreessen

It's also possible they will do BTC...
sr. member
Activity: 252
Merit: 250
people are passionate and promote bitcoin because it is anti government and anti banker and anti centralization, it gives the power of money and seniorage back to the people

facebook coin is just any other banker/centralized currency.... yawn
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Facebook will (probably) be a huge force in payments and they do not need crypto.
FB is highly centralized and doesn't respect privacy, why would they need an alt coin?
sr. member
Activity: 1316
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
Am not much of a user of facebook so am not that familar with its possibilities

However would it not just be a case of someone making a facebook app that utilizes a blockchain.info wallet.

This should be pretty easy to do I think ?
legendary
Activity: 1344
Merit: 1000
Zuckercoin hahahahaha
legendary
Activity: 1344
Merit: 1000


http://www.forbes.com/sites/parmyolson/2014/04/14/facebook-prepares-a-money-transfer-service-but-still-needs-trust/

With more than 1 billion active mobile users, Facebook has the kind of scale to make any e-payments service jealous, but it could be years before the company gets that other important feature to running a viable financial business: trust.

Facebook has been working since at least late last year on a European-wide service that would allow end users to store and transfer money on Facebook, according to a source in the financial services industry with knowledge of Facebook’s plans.
legendary
Activity: 1344
Merit: 1000
are they really going to do it  Cheesy
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