Author

Topic: Facebook prepping for e-money service, close to getting approval in Ireland (Read 577 times)

hero member
Activity: 756
Merit: 506
Everyone is hopping on the Ripple bandwagon and they'll likely make the same mistakes (premining 98%+)
legendary
Activity: 3752
Merit: 1217
Instant 500 million + market for their alt coin. Could be bad news for paypal too.

Facebook and Paypal are not in good terms. Actually I was hoping to use their rivalry to the advantage of the Bitcoin. I was really hoping that someday FB would adopt Bitcoin. Damn... not going to happen.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
I hate facebook. People still don't get it? It is the best trojan horse and the best way to control and to know what people do, who they meet and what they eat. Everything. Back in the day Hitler and Stalin wanted to create similar databases of people. They failed. Now stupid people put all their data on some shady site like facebook? For government is like dream come true, total invigilation without much effort. Everything linked with facebook is evil. Snowden is right.
global moderator
Activity: 3934
Merit: 2676
Join the world-leading crypto sportsbook NOW!
Interesting, but I reckon this will probably just become their version of Paypal. Probably all hope will be lost for them accepting BTC if they come out with this.
legendary
Activity: 1680
Merit: 1014
Run a social campaign: "Almost like Bitcoin, but they control your money".
hero member
Activity: 574
Merit: 500
freedomainradio.com
How stupid can people get?

Bitcoin: decentralized, uncontrollable, hardly traceable with the right tools, fast, easy, useful - Really bad, don't use it!
Fiat bank transfer: centralized, controlled, easily traceable, slow, useless - Everyone should use that!
Facebook transfer thing: (probably) centralized, controlled, easily traceable, useless - Everyone should use that too!
legendary
Activity: 1176
Merit: 1001
minds.com/Wilikon
This is a bad news actually. Their service can become a rival to Bitcoin and push its value down, just like all those shitcoins feeding off Bitcoin and then reducing its acceptance.

Instant 500 million + market for their alt coin. Could be bad news for paypal too.
legendary
Activity: 3752
Merit: 1217
This is a bad news actually. Their service can become a rival to Bitcoin and push its value down, just like all those shitcoins feeding off Bitcoin and then reducing its acceptance.
legendary
Activity: 2618
Merit: 1022
trusting facebook with your money

Nope.

Facebook = subpoena/seize anything

Bitcoin anything done right = subpoena/siezure proof
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