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Topic: Facebook & Google creating its own Cryptocurrency! (Read 2109 times)

member
Activity: 308
Merit: 10
I don’t have any idea about this thing but for me nothing is wrong from that.
It is great because they will extend their hand to promote the cryptocurrency in the whole world and make the whole world more technologically advanced.
full member
Activity: 378
Merit: 100
Right now I'm talking about the problems of companies that are working and developing their own currencies and also developing their own blockchain technology, it's not impossible the big deal is to promote their own currency like a gift from a big company. Cool
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
When we see Kodak launch their own ICO it's not surprising to see such big company interested
It is good to see old corporates launching their way to the crypto currency platform,Kodak was on a loosing stream for a very long time as they did not have the capability of evolve with time ,even when the technology moved they just forgot to move on,but it is a new development,but the sad part is,it is really difficult to participate in their ICO as the waiting list is really high,even if facebook and google come up with a new crypto currency,i wont be surprised but the success depends upon how much they can bring to the table.
sr. member
Activity: 436
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Maybe it could be in the near future but I do not know really know when? these two companies work and develop their own currency and also develop their own blockchain, it's not impossible the big problem here is to promote their own currency as a gift from this company. Cool
A lot of people work at Google, so if the news is true then Google might be the very first ones to do it.
sr. member
Activity: 1162
Merit: 252
makes since they what to make there own coin .They need more money for thenselfs  Grin
full member
Activity: 348
Merit: 100
           I don't  understand why these two big companies creating its own cryptocurrency. It will be a great step for the digital world if facebook and google create its own cryptocurrency if it happens the value of bitcoin will increase.  Facebook and google creating its own brand of cryptocurrency will have a large range of market because it have already established name for themselves and if they start accepting bitcoin or Satoshi's as payment the prices of bitcoin will be affected positively.
newbie
Activity: 154
Merit: 0
If it's true miners should start making their predictions on this currency because probably price should be high in future and we can make a lot of money.
member
Activity: 79
Merit: 10
When we see Kodak launch their own ICO it's not surprising to see such big company interested
member
Activity: 378
Merit: 10
I do not understand how they will create their own coin if they forbid advertising the crypto market and new companies Huh? !!!! They are categorically against crypto currency, for this I think that there will be no coins Facebook!))
member
Activity: 182
Merit: 10
Facebook and Google are huge and I guess they will have great success with their own cryptocurrency. Let's see what happens
full member
Activity: 340
Merit: 100
when a company, or similarly a country, a bank, a financial firm,.... creates a new coin based on bitcoin using the blockchain technology, they are always creating a centralized token and that is a creating huge difference. it may seem like nothing in words but in reality the difference between bitcoin being decentralized and global without any kind of restrictions regarding usage whatsoever and a centralized token that a company issues is a huge one.

they can try and make their own version and many of them are doing it, but in the end it will be just another altcoin in  a sea of altcoins.

Exactly. The simple fact that they would use a blockchain does not makes it truly decentralized. In the end, these giants creating cryptocurrencies is just a way for them to create money out of thin air, something which today only banks can do, and I can forecast that it will become very common.
sr. member
Activity: 402
Merit: 250
perhaps this is an interesting info, and it could happen, to extend cryptocurrency coverage across countries, even developing countries.
full member
Activity: 364
Merit: 100
If this happens, such an event should positively affect the price of the crypto currency. But I do not think that such tokens will easily get to someone. Perhaps you've heard about the new, not yet issued crypto currency TONE - a coin developed by Pavel Durov, the Russian genius, the creator of Vkontakte and Telegram. On this coin, there are already big queues, and it is unlikely that Russian investors, especially small investors, will get it, such is predicted by crazy demand.
member
Activity: 182
Merit: 10
I have not yet seen news related to the release of crypto currency by these organizations, but these will be very successful tokens, and I would certainly like to have them in my wallet.
jr. member
Activity: 238
Merit: 6
Some people live their dreams...destiny passes by.
I think it will kill BTC.   Cry
not everyone knows about BTC while everyone is at facebook and google. 
if they will create their own cryptocurrency. Everyone will be into it. Other investments that are meant to be invested in BTC will be invested in their crypto instead because of the fact that everyone knows it. it is more accessible and widespread unlike BTC today.  Cry

Not really. As a pioneer in cryptocurrencies, Bitcoin will only increase in value once companies like Facebook and Google acknowledges the use of Cryptocurrencies. Although I'm not sure why Facebook suddenly banks ICO's relating to cryptocurrency but I think it has to do with SCAM, one thing is for sure It has affected the Bitcoin and other cryptocurrencies in the market. Anyway Bitcoin it self is shrouded with mystery as Satoshi, the founder of Bitcoin so to say, has gone missing for ages. One thing is for sure due to the limited number of Bitcoin and the increase in awareness of Bitcoin, people will go and try it at one point creating more demand that increases the price of Bitcoin and other cryptocurrencies in general. As for Facebook and Google creating their own, its not far fetched, we can only wait and see. If you are in this forum you know that its not the case. The more we ban something, the more people look for it. I don't know if their is something wrong with us people but its just the way things work out. I'm following this thread for any news on Facebookc Coin or Google Coin.
newbie
Activity: 32
Merit: 0
I think it will kill BTC.   Cry
not everyone knows about BTC while everyone is at facebook and google. 
if they will create their own cryptocurrency. Everyone will be into it. Other investments that are meant to be invested in BTC will be invested in their crypto instead because of the fact that everyone knows it. it is more accessible and widespread unlike BTC today.  Cry
jr. member
Activity: 61
Merit: 5
If this is true. Since other people are posting majority on facebook for promotions. It is a good thing if facebook will pay us for every like,share and views the same with youtube and steemit. And have them a crypto changer that has a less charge
full member
Activity: 196
Merit: 100
Your thoughts on Facebook and Google creating its own Cryptocurrency. I know BTC is the pioneer in cryptocurrencies and currently has the highest value but if this two giant companies will release their own cryptocurrencies I don't think anyone would want miss that. Its not impossible right? Similarly Other companies like twitter & Youtube and even UBER can also dig into cryptocurrencies. If major companies can consider BTC as their main cryptocurrency, BTC value will definitely skyrocket.

I dont think facebook would make their own cryptocurrency after they ban all ads about crypto in their website.
Its interesting if google can make their own crypto because it can make the trust of crypto increase.
Its good for us as crypto hunter.
member
Activity: 129
Merit: 10
I know that Facebook and Google are researching their own crypto and I hope that with their technical expertise these corporations will create a valuable crypto for the whole world to use. There are now so many services that accept crypto in trading, so the tendency for companies to create their own coin is understandable if companies do not want to be left behind in the public revolution Technology 4.0.
member
Activity: 265
Merit: 10
The World’s First Blockchain Core
If they do such a thing and create their own coin, the market would face a really bullish period and the way of cryptos would be opened and not affected too much from FUD and mainstream media would be on the crypto`s side.
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