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Topic: Facebook launches its own cryptocurrency with massive ICO - page 3. (Read 440 times)

member
Activity: 616
Merit: 11
TRADE WITH NEGATIVE FEES
Great news. Well its Facebook own social media platform, they can do what ever they want with their platform since we are just freely using it. What’s more scary thing possible to happen after their banning of crypto-ads is that maybe they will ask for payment in our every post. Let’s just hope that will never happen though.  Grin
And regarding their ICO maybe all advertisement mostly on our wall are from their FBC coin I guess  Grin
sr. member
Activity: 1092
Merit: 250
Hodlers Network
is this informations true ?
if true, there will be a good chance for facebook to fixed up the privacy issue
jr. member
Activity: 56
Merit: 1
Exclusive sources have been issued by Finance Magnates who dominated Facebook's social media to diversify its product line with its own cryptocurrency, the Facebook Coin (FBC). Users must register to use coins, but Facebook will guarantee that data and transactions will be completely anonymous.

However, its development is still not officially recognized, but for that coin will be issued using the Ethereum blockchain through ICO in the next two weeks. Given the size and coverage of Facebook, it is possible to assume that ICO will rival the 1.2 billion dollars raised by Telegram in its own rotation of the ingredients.
To be able to use the coin, the user must provide data such as name, address, phone number, mother's name and the name of the animal is too small. This is for the reason, the privacy written into the smart contract will ensure that all transactions are completely and can not be traced at all.

Uniquely, Facebook will advertise ICO on Facebook users. This is interesting, because the social media company recently banned all cryptocurrency ads on its platform. At the time, the product's managing director said that Facebook wanted to avoid "fraud", and the process of issuing new rules for cryptocurrency itself had naturally "raised eyebrows." However, there was no contradiction in its policy.

"Facebook bans cryptocurrency ads because too many of the companies engaged in cryptocurrency have committed fraud. This is exactly the same as Facebook ICO which is a legitimate way to get more data, which is necessary to find innovative digital coins, and this is not a scam, so there's no reason not to appear on the platform."

Do you remember facebook step banned crypto ads on its page. Then, why facebook make your own coin? Is this his name to lick his own saliva?


source: https://www.inforexnews.com/berita/cryptocurrency/facebook-akan-luncurkan-cryptocurrency-sendiri

please give a merit if this is good!
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