Topic: Facebook & Google creating its own Cryptocurrency! - page 6. (Read 2109 times)

if these giants indeed created their own cryptos, it would probably be more like an investment project, I guess. But cryptos are "covered" through the utility, the added value a used would have if he/she traded that cryptocurrency. So... what would be the added value, the point of these cryptos from Google and Facebook?

Looking back at the date of the original posts, BitKinginfinity has a foresight, I mean for Facebook CEO to look into cryptocurrency this year; What are the chances of Mark Zuckerberg will create his own? Anybody? I think Google will follow I mean, they are into Research and Development of whatever technology they are experimenting. It's not far fetched for them to use Blockchain Technology as well.
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I don't want to miss this. I'm following this post and I hope when Mark Zuckerberg and Facebook starts their ICO I am able to buy Some. I'm sure it will have a big impact on Bitcoin and Cryptocurrencies. Bitcoin is decentralized but if more companies starts accepting Bitcoin or a similar currency the value will definitely increase and it will be more practical.

Looking back at the date of the original posts, BitKinginfinity has a foresight, I mean for Facebook CEO to look into cryptocurrency this year; What are the chances of Mark Zuckerberg will create his own? Anybody? I think Google will follow I mean, they are into Research and Development of whatever technology they are experimenting. It's not far fetched for them to use Blockchain Technology as well.

I think this news should need implementation but furthermore OP just need our thoughts, Probably, it will be easy for Facebook and google and any other social medias to create their own currency, but try to think of it, they earn huge amount of money even without the inside and out, unlike Bitcoin, it needs supplier and Investor and it is so volatile, hence, Facebook and Google will decide eagerly about that decision and if it is introduced then everybody will be interested.
Hope so.

Well, Telegram is already making crypto, facebook showed their intereset , I don't see why  Goolge would sit aside.

Next time when you make such assumtptions make sure you post some links as proofs to their statements. I was here thinking hey, Facebook and Google are going to lauch a crypto for real!

Facebook CEO Mark Zuckerberg says Facebook will be looking into cryptocurrency in the new year.

Here's a link and quote to his personal mission statement for 2018, as found on facebook: https://www.facebook.com/zuck/posts/10104380170714571

Quote
Every year I take on a personal challenge to learn something new. I've visited every US state, run 365 miles, built an AI for my home, read 25 books, and learned Mandarin.

I started doing these challenges in 2009. That first year the economy was in a deep recession and Facebook was not yet profitable. We needed to get serious about making sure Facebook had a sustainable business model. It was a serious year, and I wore a tie every day as a reminder.

Today feels a lot like that first year. The world feels anxious and divided, and Facebook has a lot of work to do -- whether it's protecting our community from abuse and hate, defending against interference by nation states, or making sure that time spent on Facebook is time well spent.

My personal challenge for 2018 is to focus on fixing these important issues. We won't prevent all mistakes or abuse, but we currently make too many errors enforcing our policies and preventing misuse of our tools. If we're successful this year then we'll end 2018 on a much better trajectory.

This may not seem like a personal challenge on its face, but I think I'll learn more by focusing intensely on these issues than I would by doing something completely separate. These issues touch on questions of history, civics, political philosophy, media, government, and of course technology. I'm looking forward to bringing groups of experts together to discuss and help work through these topics.

For example, one of the most interesting questions in technology right now is about centralization vs decentralization. A lot of us got into technology because we believe it can be a decentralizing force that puts more power in people's hands. (The first four words of Facebook's mission have always been "give people the power".) Back in the 1990s and 2000s, most people believed technology would be a decentralizing force.

But today, many people have lost faith in that promise. With the rise of a small number of big tech companies — and governments using technology to watch their citizens — many people now believe technology only centralizes power rather than decentralizes it.

There are important counter-trends to this --like encryption and cryptocurrency -- that take power from centralized systems and put it back into people's hands. But they come with the risk of being harder to control. I'm interested to go deeper and study the positive and negative aspects of these technologies, and how best to use them in our services.

This will be a serious year of self-improvement and I'm looking forward to learning from working to fix our issues together.

Why do people think creating some centralized digital currency is going to be revolutionary? They should just integrate btc into their platforms.

Any link that could give fruitful information about these future new cryptocurrencies? Aside from google.com, of course.

I cannot see any problem about them creating their own cryptocurrency and it should be beneficial for Bitcoin since this will increase the awareness regarding Bitcoin and cryptocurrencies. If ever Facebook and Google will launch their own coin/token then they are worth to invest in.

i think , Facebook and Google are thinking about this, my prediction, not just these two big companies alone will make their own Token or cryptocurrency, surely other big company companies will follow this..

I am particularly anxious for these companies to start creating their own Cryptocurrency. This makes me very excited and happy because this will boost and much the growth of the crypt community, and it is sure to bring good spirits to the market, there will be new investors.  Let's wait, for this great achievement.

I do not see that it is a bad idea for google and facebook to create their own crypto. If you own one of the largest Internet companies, would a cryptocurrency created by them be reliable? They already have the name and reliability would be in see

If these companies will create own cryptocurrencies, it will be the beginning of new era of cryptocurrencies development.  However, this was to be expected.

If these two giants will create their own cryptocurrency this would be a big thing,all people will surely invest to this coins and it might get BTC overthrowed to its current place.

If these companies enter in the crypto market then they will create the very big business the market and in the whole world big level business man will take a big interest in these two companies coin. Both company have very vast and big business environment in the whole world that is the big plus point for selling the the coins and all the coins sale will be finished in the first one hour and that will be surely boom in the crypto market.

This would be great. Facebook and Google has many subscribers and it will be sure that many would be interested and will invest in their own cryptocurrency. I think it will be very successful.

I would like to see a big name make a coin involving Proof-of-Work.

I'm sure they would have no problem funding ASIC development. Given the function of their coin isn't completely dominated by their choices.

i am not sure about this info but if facebook and google did create a crypto it is a good opportunity again for crypto traders .

It would be very interesting since facebook and google community are very vast and widely used, many would be interested and will invest in it. I think they have the potential to even surpass bitcoin if this will lead to success.