Topic: Facebook is Developing a Cryptocurrency (Read 993 times)
Cryptocurrency is a fuel for decentralized blockchains, how could it be a cryptocurrency if it is created by centralized entity - Facebook?
As per recent article on Bloomberg , facebook is developing a cryptocurrency that will allow users to transfer money through their whatsapp messaging app and they are first focusing on market in India. They are developing a stable coin-a type of digital currency pegged to the U.S. dollar as bitcoin have high volatile nature.
This is a good thing that big names are moving into crypto world now.
For detailed study go though this article
This is a good thing that big names are moving into crypto world now.
For detailed study go though this article
Facebook and all the other major corps and govs are working on their own cryptocurrencies behind the scenes, furiously. Not only that, they are colluding behind the scenes in secret at the government and mega-corp level.
Facebook was started by, funded, and continues to be protected by government entities (FBI, CIA, NSA, etc.) The headline just as easily could have read "US Government creates cryptocurrency and looks to test in India markets".
Couple all that with the fact the Indian government just banned large denomination bills (cash) last year, has a government beholden to Western interests, and you have the perfect test bed for the Western Intelligence services to try out version 1.0 on a desperately poor country that is largely isolated by Western media outlets. No matter how the experiment goes, you will not hear about it in the Western media.
And one thing you can be 100% sure of. When the govs and corps start announcing their 'approved for use' cryptocurrencies, the code will be weaponized and anti-human in nature, full of back doors, and invisibly controlled from a centralized location.
Please, everyone. Spread the word about crypto.
This has been discussed so many time but we are yet to see or hear any comment about the development from facebook.which ever way it will really be a good thing to see adoption of blockchain by the facebook and hopefully other social media will emulate facebook and also work in adopting cryptocurrency and the blockchain technology
This is just an ordinary rumor that was launched on the wave of strong growth of the crypto currency, at that time they came up with a lot of news, in such a market no one will do anything
This has been discussed so many time but we are yet to see or hear any comment about the development from facebook.which ever way it will really be a good thing to see adoption of blockchain by the facebook and hopefully other social media will emulate facebook and also work in adopting cryptocurrency and the blockchain technology
I'm glad to see Facebook and a host of other top organisations getting interest in Bitcoin, Blockchain and cryptos. It brings so much joy to my face. Facebook had always had a thing for Crypto but Can't just take the bold move because of the regulatory processes and requirements around it. Seems they're finally going all in. I just hope other Companies follows suit.
It's just a rumour and you should check it through use various press. It's clear if there was someone spreading this rumour around the crypto holders. facebook has been using various payment system but they are not having any interest to create their own crypto. 
I'm glad to see Facebook and a host of other top organisations getting interest in Bitcoin, Blockchain and cryptos. It brings so much joy to my face. Facebook had always had a thing for Crypto but Can't just take the bold move because of the regulatory processes and requirements around it. Seems they're finally going all in. I just hope other Companies follows suit.
Sylo which is a decentralized communication application will allow users to make transfers in messaging apps. They have been working on this for a year now, seems like Facebook stole their idea.
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As per recent article on Bloomberg , facebook is developing a cryptocurrency that will allow users to transfer money through their whatsapp messaging app and they are first focusing on market in India. They are developing a stable coin-a type of digital currency pegged to the U.S. dollar as bitcoin have high volatile nature.
This is a good thing that big names are moving into crypto world now.
For detailed study go though this article
This is a good thing that big names are moving into crypto world now.
For detailed study go though this article
This once again proves that cryptocurrencies have great potential for using them in various fields. I am very glad that Facebook made this decision.
As per recent article on Bloomberg , facebook is developing a cryptocurrency that will allow users to transfer money through their whatsapp messaging app and they are first focusing on market in India. They are developing a stable coin-a type of digital currency pegged to the U.S. dollar as bitcoin have high volatile nature.
This is a good thing that big names are moving into crypto world now.
For detailed study go though this article
This is a good thing that big names are moving into crypto world now.
For detailed study go though this article
This once again proves that cryptocurrencies have great potential for using them in various fields. I am very glad that Facebook made this decision.
As per recent article on Bloomberg , facebook is developing a cryptocurrency that will allow users to transfer money through their whatsapp messaging app and they are first focusing on market in India. They are developing a stable coin-a type of digital currency pegged to the U.S. dollar as bitcoin have high volatile nature.
This is a good thing that big names are moving into crypto world now.
For detailed study go though this article
This is a good thing that big names are moving into crypto world now.
For detailed study go though this article
This once again proves that cryptocurrencies have great potential for using them in various fields. I am very glad that Facebook made this decision.
Facebook is one of the largest social networking sites in the world, and its user base is huge. If it's really developing its own crypto, then this will bring a turn for the crypto market.
They know how to spoil everything, the more closely cooperate with the US government. It's not even a cryptocurrency is difficult to call, a wallet under the guise of cryptocurrency, nothing more
Facebook is one of the largest social networking sites in the world, and its user base is huge. If it's really developing its own crypto, then this will bring a turn for the crypto market.
Facebook is one of the social media that is powerful because many use and support it. if promoting it will be easier because Facebook is widespread in the world. so many bounty hunters join the Facebook campaign to help with the bounty project.
As per recent article on Bloomberg , facebook is developing a cryptocurrency that will allow users to transfer money through their whatsapp messaging app and they are first focusing on market in India. They are developing a stable coin-a type of digital currency pegged to the U.S. dollar as bitcoin have high volatile nature.
This is a good thing that big names are moving into crypto world now.
For detailed study go though this article
Stable coins are good if market is falling and there is an option how to protect your funds in high volatile cryptocurrencies.This is a good thing that big names are moving into crypto world now.
For detailed study go though this article
But as soon as bull market comes, people will start selling these stable coins and they will again buy true cryptocurrencies.
Well anything that takes crypto towards mainstream adoption is always good especially with a company as big as facebook. It'll be good in general even if there's no assurance about it yet.
Not only facebook,but also whats up, telegram are making own crypto. But the biggest chances for mass adoption telegram has.
You know, crypto has the biggest concentration in telegram
You know, crypto has the biggest concentration in telegram
As per recent article on Bloomberg , facebook is developing a cryptocurrency that will allow users to transfer money through their whatsapp messaging app and they are first focusing on market in India. They are developing a stable coin-a type of digital currency pegged to the U.S. dollar as bitcoin have high volatile nature.
This is a good thing that big names are moving into crypto world now.
For detailed study go though this article
Stable coins are good if market is falling and there is an option how to protect your funds in high volatile cryptocurrencies.This is a good thing that big names are moving into crypto world now.
For detailed study go though this article
But as soon as bull market comes, people will start selling these stable coins and they will again buy true cryptocurrencies.
maybe they can now make whatsapp a bit privater and safer .
iam using currently telegram becourse whatsapp fucks off your privacy.
regards
iam using currently telegram becourse whatsapp fucks off your privacy.
regards
I have been hearing this news for. Awhile now but to be honest, I do not fully believe in it because Facebook was one of the entities that were fighting against crypto earlier this year
This is a very good a d bullish news and not just for blockchain but also Cryptocurrencies, this would help lead crypto to mass adoption of crypto, the future looks bright.
Instead of developing a stable coin, they could've developed a tradable coin. It would be better for us.
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