Facebook & Google creating its own Cryptocurrency! - page 11.

bloodraven

newbie

Activity: 1

Merit: 0

Quote from: mk4 on December 03, 2017, 03:21:53 AM

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.

I agree. What exactly will Google & Facebook stand to gain if they develop their own cryptocurrencies?

roy.ashton

newbie

Activity: 115

Merit: 0

Quote from: mk4 on December 03, 2017, 03:21:53 AM

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.

I think the idea is either they create their own cryptocurrency or they get into Bitcoin. They are more capable of creating their own and it will be readily acceptable to investors since Facebook and Google has already established themselves. It is highly recommended that these companies do it together instead of creating a cryptocurrency on their own. Yes it might be under another company name but it will be a big hit if these companies combine in creating a their own cryptocurrency. Yup nice title.

eaLiTy

hero member

Activity: 2814

Merit: 911

Have Fun )@@( Stay Safe

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.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

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.

gidaahmad

full member

Activity: 476

Merit: 100

Yes, very interesting. If facebook, Google and other large companies create their own Cryptocurrency. Certainly the value of the coins they make will be comparable to their previous popularity. And it does not take much time to gather a lot of investors. Ha ha. Amazing

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

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.

roy.ashton

newbie

Activity: 115

Merit: 0

And here I was thinking that Facebook and Google is into Bitcoin. If it will happen in the future I will definitely invest in it. In my country majority is into facebook and I don't even remember using other search engines except google. Nice Idea there. If someone could tell facebook to build their own cryptocurrency then go. I'm currently using facebook ads to sell my products and I don't mind accepting facebook currency in the future.

BitKinginfinity

jr. member

Activity: 67

Merit: 1

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.

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