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Topic: Facebook makes its own coin, will it be selling in the market? (Read 548 times)

jr. member
Activity: 126
Merit: 2
I think it will be indemand , because facebook is one of the largest social media here in the whole world which many people uses their services and that will be their edge for that journey.
jr. member
Activity: 204
Merit: 1
in my opinion before zuckerberg should launch that coin, study the security of facebook account, nowadays, accounts can be easily hacked.
full member
Activity: 476
Merit: 100
If facebook do make their own coin, it will not be good for them. Facebook was made to be free, making a digital money probably to avail some services for the facebook will just make people think fb is there to get money from its consumers/

Do you guys trust Zuckerberg enough to add FBcoin to your portfolio? Roll Eyes I’m a bit sceptical about it, mainly due to my safety concerns. But no doubt, FB cryptocurrency will get popular among FB users. Hope their wallets will be not so easy to steal as their FB accounts, haha
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
It's just a speculative news, nothing more. The truth is Facebook just assigned someone as director of a blockchain department. It doesn't mean at any cost Facebook will create it own coin. And with the latest scandal with Cambridge Analytica I doubt a lot of people will trust their own crypto
newbie
Activity: 39
Merit: 0
wow. that will be dope, we know what facebook can do. i think it will, because if they do that they can gain profit and that all that it takes.
hero member
Activity: 1372
Merit: 503
Yes of course the target could be those crypto ads that will use their token coins to avail the ads for facebook. We all know that facebook has given us the chance on their application for free but some are not. So to those areas that are not freely shared and given by facebook they could use tokens as to avail the service needed like what i had mention earlier on posting ads ex. is crypto ads and i know that there could be more than that.
I doubt that the if the facebook create an owned cryptocurrency it will sell in market. there's are chance but the priority of this coin is in bout the facebook. it can be used as the crefit card for the facebook. and also, maybe the uses will be different in the coin in the cryptocurrency. but I think it would be popular.
hero member
Activity: 1190
Merit: 534
I am sure that it will be something like a Facebook credit system that we had earlier. However, Facebook will definitely use blockchain this time. We might be able to use Facebook coin not only for buying services from Facebook but also to exchange money with our Facebook friends. However, even in that case, it won't be a decentralized payment system because Facebook will never share the control with the users.
jr. member
Activity: 224
Merit: 8
Yes of course the target could be those crypto ads that will use their token coins to avail the ads for facebook. We all know that facebook has given us the chance on their application for free but some are not. So to those areas that are not freely shared and given by facebook they could use tokens as to avail the service needed like what i had mention earlier on posting ads ex. is crypto ads and i know that there could be more than that.
full member
Activity: 640
Merit: 104
While prohibiting cryptocurrency ads or digital currency circulating on the platform, does not mean Facebook is really anti with bitcoin and the like.

Facebook reportedly preparing to make its own virtual currency, although not yet known when the official was announced.
https://tekno.kompas.com/read/2018/05/14/11440097/facebook-bakal-buat-mata-uang-digital-sendiri

if that happens, it will be a burden for the facebook users because the application will not be free again before the facebook app is free. not a good idea if facebook makes its own coins.
maybe this is the assumption of some people because if thought again before facebook has banned ico for its users, so they think facebook will create its own coins.
jr. member
Activity: 448
Merit: 1
Already certain, Facebook will create their own Cryptocurrency, because Cryptocurrency is a very potential and profitable business in the future. if Facebook has created a crypto of course this will be sold in the market, and will certainly be crowded. because we all know, Facebook is the largest Social Media today, with more active users than we can imagine.
jr. member
Activity: 238
Merit: 6
While prohibiting cryptocurrency ads or digital currency circulating on the platform, does not mean Facebook is really anti with bitcoin and the like.

Facebook reportedly preparing to make its own virtual currency, although not yet known when the official was announced.
https://tekno.kompas.com/read/2018/05/14/11440097/facebook-bakal-buat-mata-uang-digital-sendiri

It is not surprising that corporations will create their own currency, they have a million audience that will immediately distribute crypto.
I talked about this for a long time, when I wrote about the introduction of the current cryptocurrency.
full member
Activity: 266
Merit: 101
Facebook has the opportunity to make a truly creative social token. I had no doubt they would. Who wouldn't want a permanent record of everyone's preferences stored forever on the blockchain and even have to host your own servers? However, what they will realize is that anyone can use that blockchain and take the info for themselves. So they will have a hard time selling to advertisers that make up the bulk of their revenues. In the end they will use the token like a glorified gift card or store credit card. The world of blockchain technology is still evolving.
newbie
Activity: 151
Merit: 0
In fact, this was all quite expected, even unexpectedly why other corporations are slow with the introduction of their tokens. I will give a very simple example. The same Google - it could easily introduce its own token, and introduce it into the community almost forcibly, introducing as mandatory for payment of its services, payment for applications and so on. And given that Google is distributed around the world - the demand was huge, as billions of users would buy it for everyday use.
newbie
Activity: 196
Merit: 0
Though it not worthy enough for facebook to issue its own coin since facebook itself is issue free and generating fund through ads and but if facebook now issue its own coin it will serve of another means of gaining popularity for bitcoin cos more and more people will be ready to venture into bitcoin.
newbie
Activity: 308
Merit: 0
Of course it will be. I think it will be a very popular coin. Because the Facebook brand is already known all over the world. And if there's anything associated with it, I think it's going to be very popular
member
Activity: 308
Merit: 10
I don't think so.
Because facebook has banned the advertising of ICO, they do not need to raise money through ICO.
You're right. Facebook is the largest social networking company in the world. So they will never need to raise funds by ICO. If there is a Facebook ICO project then surely it is a project scam
newbie
Activity: 84
Merit: 0
If facebook do make their own coin, it will not be good for them. Facebook was made to be free, making a digital money probably to avail some services for the facebook will just make people think fb is there to get money from its consumers/
member
Activity: 336
Merit: 10
As far as I know, facebook does not ban ads about crypto currency. The evidence, I can still follow the social media campaign (facebook) to promote certain crypto currency token. If facebook prohibits advertising crypto currency then it brings losses to facebook itself. You can imagine how many people are involved in crypto currency. They certainly use facebook as well as a campaign media for bounty campaign. If facebook ban it then facebook will lose millions of users. Even now, facebook is still open with crypto currency. For facebook that will create a new crypto currency, I think that it's a great breakthrough. An innovative renewable technology, hopefully facebook coins can compete with other crypto currency.
full member
Activity: 392
Merit: 100
That doesn't stop them from creating their own coins, we all need to understand the reason facebook ban crypto ads is just to protect his users from scam and misleading project ,when there is regulation and all ico are screened properly by SEC, am certain they will accept the ads again...
hero member
Activity: 1722
Merit: 528
for now there has been no related developments about facebook.
maybe facebook team is preparing to make its  virtual currency. if they succeed, this is good news. Good luck

Bitcoin is developed now as it is, I don't see any problems about the site of Facebook nowadays and if you are talking about their digital currency, it is a long news from now and it is been circulating the internet even last year, we are talking about the news about the currency but not the currency itself. With a lot of users of Facebook, I think it will be popular to them since you can just send your money through Facebook.
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