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.
Don't be surprise that they will not make much impact 
Topic: Facebook & Google creating its own Cryptocurrency! - page 9. (Read 2109 times)
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.
I think it's inevitable. Right now, bitcoin has been showing how big of a potential it has due to its every increasing marketability, and especially, value. I think it's just a matter of time, if it's not happening at present, when big corporations would try their hand in the bitcoin market. Whether using it as a currency to pay for their services and goods or using it as a mode of investment for them to stretch their profits. Facebook has always been a good marketer of many products, and if it will decide to make it's own coin, many people would certainly be encouraged to use and patronize it knowing facebook has masses of users.
While we are discussing about this matter maybe these company are working and developing their own currency and also developing their own blockchain this is not impossible, the big deal here is promoting their own currency is piece of cake to these large company.
I don't think Google will create Crypto currency, but Facebook can as Zuckerburg is a misery guy who wants to make tons of cash. If these all people enters into the market, then their would be high price for Bitcoin.
A lot of Rumors has heard in the past about Amazon and still hasn't heard any information from them, just a blog post on crypto blogs.
A lot of Rumors has heard in the past about Amazon and still hasn't heard any information from them, just a blog post on crypto blogs.
Bitkinginfinity: That would be wonderful. Where did you saw or hear this news? I am intrigued, I want to know more.
If they have there own cryptocurrency but they cannot beat Bitcoin either Ethereum and i think it will not be popular as a crypto.
Why wont they be able to beat Bitcoin or Ethereum? It will not be popular as a crypto? If Facebook and Google will have their own cryptocurrency it will be a blast. If you research more on Facebook and Google I think you will be able to see what type of projects, particularly Google is going into. If they are buying out start up companies and other technology why wont they create their own money/currency right? They may not be able to beat Bitcoin or Either in the early years but the expected growth will be exponentially increasing by time ultimately surpassing any cryptocurrency/altcoin in the market.
It's quite an expected thing for such "mastodonts". Still, it is thrilling to know how everything will go step-by-step. I'll definitely keep an eye on the whole process.
they can't.
central orgs cannot really make money out of crypto when you think it through.
There is no way for them to make a large profit.
If anything crypto's spell the end of google and face book, if you think it through.
eventually an app will arise that will suck all your data for you out of face book and put it onto a blockchain solution and advertisers will pay you to be there, rather than FB, so cutting out the middle man, an cheaper for advertisers, and you will control your data.
FB is a dead man walking.
the winklevi, will eventually surpass Zucks by some large margin.
central orgs cannot really make money out of crypto when you think it through.
There is no way for them to make a large profit.
If anything crypto's spell the end of google and face book, if you think it through.
eventually an app will arise that will suck all your data for you out of face book and put it onto a blockchain solution and advertisers will pay you to be there, rather than FB, so cutting out the middle man, an cheaper for advertisers, and you will control your data.
FB is a dead man walking.
the winklevi, will eventually surpass Zucks by some large margin.
Not necessarily. I mean if their is a growing market for cryptocurrencies and if we truly believe that cryptocurrency is the future why wont facebook, google and other big companies create another cryptocurrency of their own. It may not be directly under Facebook or Google's name as long as it has their backing it will be sufficient to gain support from investors and consumers. Ultimately it will be all about profit. It will not be a bad prospect in the future since it only means that more companies are accepting the idea of cryptocurrency and BTC value will soar higher. If Facebook will go into cryptocurrency, the winkleve will it dust from Zucks. Just saying.
I think there are some ICO that introduce token for products and services like uber or insurance. This only means that there is really a possibilities that big companies will have their own ctypto currency to be use in the future. So if facebook or google will be having their own currency I will not be surprised I guess this is also good in the market of cryptos because this will only means that the future is about to adopt the digital market
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.
If they make a new coin that is their own, i guess it will be popular but the thing is, it will be centralized, and they can do anything to your coin, including the price, as they will be in the charge of that coin.
It can be used as toy for them to do such evil things like money laundering, tax evading, etc (although people already done it with bitcoin, but it will be easier if you are the owner of the coin).
It will be just the same with the bank system if you join a centralized coin.
The thought of Facebook and Google having their own crypto-currency does not worth losing sleep over even for other countries coming on board. We have seen scenarios where countries have banned Facebook from operating within their territory which we can then say their crypto currency can then be easily banned in their country. Aside that, there is a report which Facebook admitted to have been listening to users via the speakers of their phones in other to tailor their advertisement needs that is a threat to independence, anonymity and freedom which bitcoin rest upon.
For me, I don't see anybody who understand the ultimate basis of bitcoin to support such projects both from Google and Facebook they should better face the business they are known for rather than venturing in places that does not concerns them.
For me, I don't see anybody who understand the ultimate basis of bitcoin to support such projects both from Google and Facebook they should better face the business they are known for rather than venturing in places that does not concerns them.
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.
It would be so good to have as many ICOs, either they are created by giant companies as you say or any by any one. BTC price has gone so far. If Google comes in with a crytocurrency, it would really have a good value. The team would really move into the market and conqure its place. They are very storng. But, they would not take over Bitcoin.
I don't understand yet how this will be used...but if they decided to do it, it means there's a sense...a new era of cryptocurrencies has gone...they are too much cryptocurrencies...
it is very good for bitcoin owners if all that happens and I will welcome it with pleasure and I hope it happens, with very high bitcoin value will be increasingly billionaires in this world.
Why would it be good for us? It is unneeded competition.
it is very good for bitcoin owners if all that happens and I will welcome it with pleasure and I hope it happens, with very high bitcoin value will be increasingly billionaires in this world.
Will their "cloud mining" be profitable ?
they can't.
central orgs cannot really make money out of crypto when you think it through.
There is no way for them to make a large profit.
If anything crypto's spell the end of google and face book, if you think it through.
eventually an app will arise that will suck all your data for you out of face book and put it onto a blockchain solution and advertisers will pay you to be there, rather than FB, so cutting out the middle man, an cheaper for advertisers, and you will control your data.
FB is a dead man walking.
the winklevi, will eventually surpass Zucks by some large margin.
central orgs cannot really make money out of crypto when you think it through.
There is no way for them to make a large profit.
If anything crypto's spell the end of google and face book, if you think it through.
eventually an app will arise that will suck all your data for you out of face book and put it onto a blockchain solution and advertisers will pay you to be there, rather than FB, so cutting out the middle man, an cheaper for advertisers, and you will control your data.
FB is a dead man walking.
the winklevi, will eventually surpass Zucks by some large margin.
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.
In our country, Facebook is the #1 social media. So I think if they will gonna create their own crypto, I will definitely support them Because I believed that if they are already #1 in our country, many people in our country will also support them.
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.
If for example FB introduces its own social cryptocurrency, it's gonna be a blast. They don't have to become decentralized they only need to introduce cryptocurrency
Creation of a crypto-currency alternative of shares will reduce their fiat value.
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