Topic: Facebook & Google creating its own Cryptocurrency! - page 10. (Read 2109 times)
Is this for real or just thebpissibilities that those big companies want to compete with bitcoin? I believe There's the possible they might create their own coins, they are big business, creating such coin can contribute big to their future. Like they can use it in purchasing their products online. If ever this will happen bitcoin might loss its value but not that big, after all its the most popular coin in town. If ever all this business will also use bitcoin, not just only skyrockeying to the moon but also Bitcoin will be at is peak that many people would imagine. Let's just wait for that time comes and be rich.
If this thing really happens, I will definitely invest in it. Although I believe the probability of Facebook and Google creating their own cryptocurrency is low.
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 anyone would 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.
Google, Facebook, Amazon, Tesla, they will try to develop their own coins. This is as expected, the crypto market is getting bigger and bigger as a result we'll see official coins too.
My thoughts exactly. In doing my research on Bitcoins, I think everything started from an idea. The idea was sold, rejected, accepted, copied, innovated and so on and so fort. Years after the idea started, it actually gained value and was generally accepted by people. Although governments are against it nothing could be done since people believe it has value. Since it has gained much value big companies started to notice it and it becomes a trend world wide. If you are a big company and you see an idea having value now, will you not copy the idea when people has so much belief in it? I'm talking about Bitcoin by the way. Well I hope I could have my own idea that will be generally accepted by the people and earn much profit from it. Being accepted doesn't necessarily mean being centralized.
Why would every company come up with their own crypto currency if it is a mere copy of bitcoin,then there is nothing worthy about it,if they can come up with a better technology which super seeds what bitcoin can represent to the world,then there is a big opportunity ,but people are here in this platform because it is decentralized and people are not looking for a centralized solution.
Why not? Before there was Facebook there was Friendster right? Before Google there was Yahoo. Having a decentralized currency that is accepted in the market is really an open opportunity waiting to be explored. I think it's more practical for them to create their own brand than to use BTC since BTC has already reached a value that is way too high. Why not create your own when they have all the technical know how and capability, a better branding and access to potential investors. If this two Big companies Facebook and Google will create their own cryptocurrency it will be an instant hit. And more companies will be joining in. The future of Cryptocurrency is bright.
Nice clickbait title /s *sigh*
Why would they be interested in creating their own cryptocurrency though? Sure, they could probably implement bitcoin and ethereum and or whatever cryptocurrency will be dominating in the next decade; but I really don't see them creating their own cryptocurrency. If ever they would, it would definitely be under another company name.
Why would they be interested in creating their own cryptocurrency though? Sure, they could probably implement bitcoin and ethereum and or whatever cryptocurrency will be dominating in the next decade; but I really don't see them creating their own cryptocurrency. If ever they would, it would definitely be under another company name.
The only purpose would be internal settlements for their services.
Google has google wallet, and Facebook has plans for one also.
There are other services like the ads which can use a token (not an altcoin).
The main advantage would be that both companies get over the headache of international currency settlements and bank transfers and unload all that banking deposits / withdraws / currency conversion to the exchanges.
Something like a self-checkout
. 
If they have there own cryptocurrency but they cannot beat Bitcoin either Ethereum and i think it will not be popular as a crypto.
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 anyone would 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.
Here our country mostly people used is Facebook and Google it is not possible to accept or adopt cryptocurrencies using this social media cryptocurrency will !such well known here for those not related in cryptocurrency world. But I don't think what will be the platform of this two big companies by creating their own tokens. Besides Facebook now used for promoting cryptocurrency one of that is btc. 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 anyone would 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.
Google, Facebook, Amazon, Tesla, they will try to develop their own coins. This is as expected, the crypto market is getting bigger and bigger as a result we'll see official coins too.
If it happen, it will be definitely a good idea. If Facebook & Google enter into crypto currency, definitely bitcoin's price will touch high sky. I will definitely invest there.
if facebook and google did create a crypto it is a good opportunity again. with facebook and google create crypto could have the government agree on crypto in circulated or used.
I don't see any sources on those two giants creating their own cryptocurrency. If they did create thier cryptocurrency, what would it be used for? Would it be used on their platform? I just don't see it being a threat to bitcoin as they can always accept bitcoin through their own website if they wanted to.
My thought is that it would be exceedingly unlikely for them to create their own cryptocurrency in the near future. Cyrptocurrency isn't like services where you need to offer it so you don't get left behind by your competition. It's simply money, and no one really makes any profit except the actual holders. It would have to be decentralized for people to buy in, too, so they would have to let go of control. It's not exactly something a for-profit company would consider doing.
They could probably release tokens which you can use for their services, but only once crypto has truly taken off. But even then, why not just accept Bitcoin? They definitely have no need to raise money unlike ICOs.
They could probably release tokens which you can use for their services, but only once crypto has truly taken off. But even then, why not just accept Bitcoin? They definitely have no need to raise money unlike ICOs.
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 anyone would 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.
Facebook & Google will never support bitcoin now or in future.
when country/union make coin it will be supported by blockchain technology and will be altcoin.
when sites make coin it will be supported by blockchain technology and will be tokens.
Facebook & Google have them tokens or gift card so it is hard to support new tokens
most important thing is what is the need of the block chain in their company. If it doesn't ssatisfy any nèed it will fail. Anybody can fail in cryptocurrency if they do not do all that is required.
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 anyone would 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.
As of this stage I don't think so they will create something like this, thing is bitcoin and other cryptos aren't legal, by creating something like this they will be posing a risk to national security and even to its users who'll use it, cause one request and their data will be out for the government to inspect and people will get caught so I don't see this happening. Plus I don't even want them to touch Bitcoins.
I like the idea, I think it quite possible. If such companies as Google and Facebook will not be fully satisfacted with bitcoin price/fees or technical issues they will be able to create something suitable for thair purposes. Such cryptocurrencies may be in bound with some company services, promotion or advanced settings for example
Another alternative coin in the making huh? Well there are a lot of people who uses Facebook and Google, there a lot of people who predicted that it will happen, they are big companies so it will really come to it.
Well, people will be knowing about crypto currency when facebook starts to have their own crypto so I think Bitcoin will be in the story too.
If it happen, it will be definitely a good idea. If Facebook & Google enter into crypto currency, definitely bitcoin's price will touch high sky. I will definitely invest there.
Well, people will be knowing about crypto currency when facebook starts to have their own crypto so I think Bitcoin will be in the story too.
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 anyone would 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.
Facebook & Google will never support bitcoin now or in future.
when country/union make coin it will be supported by blockchain technology and will be altcoin.
when sites make coin it will be supported by blockchain technology and will be tokens.
Facebook & Google have them tokens or gift card so it is hard to support new tokens
use banks if you want a centralized payment system or even Paypal if you are so happy with being restricted when you are trying to use your money and if you have no issue when they report you to a 3 letter agency and tell them where and how much you used your money and they came knocking on your door for their share 
in any other case, use bitcoin which is decentralized.
in any other case, use bitcoin which is decentralized.
wouldn't it become another crap coin? I mean, big G and facebook are huge company and can support their own crypto but let's face it, why the need to create a carbon copy of BTC for their own purpose?
They can easily create a different kind of blockchain in their datacenters and have control on everything, that's where the community wouldn't like it too much due to centralization as opposite as BTC.
Definitely it might worth to invest something into it but this is not comparable with BTC world.
They can easily create a different kind of blockchain in their datacenters and have control on everything, that's where the community wouldn't like it too much due to centralization as opposite as BTC.
Definitely it might worth to invest something into it but this is not comparable with BTC world.
If it happen, it will be definitely a good idea. If Facebook & Google enter into crypto currency, definitely bitcoin's price will touch high sky. I will definitely invest there.
I don't see how this pose as challenge to bicoin after all bitcoin is the pioneer of all cryptocurrency. If Facebook and Google choose to create they own brand of cryptocurrency that will make the market more popular and widely accepted by more people in the society.
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