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Topic: Is facebook creating their own crypto? - page 15. (Read 26118 times)

newbie
Activity: 26
Merit: 0
Wait and we will know soon
member
Activity: 364
Merit: 10
The Exchange for EOS Community
Very likely but currently Facebook is legally sticky with the U.S.A court

USA have not banned cryptocurrency and any other matter of facebook with USA court is not relevant to their decision regarding crypto project . their legal department do their own work while planning department do its own , and it all depend on mark zuckerberg and investors .
The facebook information has its own crypto has appeared a long time and there is no official information about this from facebook but I believe they need a coin of their own, in addition to Twitter and Telegram also trying to build their own coins.
sr. member
Activity: 994
Merit: 252
I think if that happens it is good for us because of security and privacy
I do not think that your security and privacy will be secured with facebook as recently we saw a situation when facebook sold the privacy and data of a large community of their users to a political affirm. If the facebook will not have any control on the coin and they will not ask any KYC from the users of that coin then people will adopt it otherwise no one will adopt a coin of a company like that.

I also think like that Facebook will not create any cryptocurrencies because it had lot of risks involved in it that's why they don't decide to create and Crypto still now, but if they create a cryptocurrency there is no assurance for the development of it but Facebook is a big company so they have created a Crypto then the publicity will be definitely here so we can definitely trust it .
Yeah it is not that easy mate it takes decade to make a currency and them spreading it all over the world, no one can make currency, but about facebook it is really now true as facebook is just a social website that most of people use to advertize bitcoin and make it famous so how can facebook create their own coin, that’s totally false news according to me bitcoin is the big supporter of bitcoin.
In my opinion there is no problem if Facebook creates their own cryptocurrency. I think it will get credibility in short time compare to other small crypto in the market because people already using Facebook and they will trust the most over Facebook crypto. More and more people will invest in Facebook currency and the price will grow in short time.

Well I think it is not possible and it is not good too, as some rumors said facebook is banning bitcoin and crypto currency advertisements to some places from their platform but want to use what they are banning well it does not make any sense, investors are investing in bitcoin only because they have found it profitable, have trust about bitcoin so I think it is not gonna be invest by the people, as they will consider it risky so let’s wait and watch.
newbie
Activity: 211
Merit: 0
Heard a rumor that facebook  was thinking about launching their own crypto. What do you guys think about this?

Would also love your feedback on Algebraix. App that keeps your data private and pays you to watch ads. how do you think they will measure up to the advertising giants like facebook and google?
If this is true this might b3 the reason why they are looking into reversing their ban into cryptocurrency, because if this is true these is because they have alterior motives for their personal interest..Nevertheless if this is true this will have a positive effect on the price of bitcoin i believe.
full member
Activity: 524
Merit: 100
I don't think Facebook needs to attract investment in still officialy illegal way. They conducted IPO succesfully and have much investors who hold and buy their shares.
I have also heard that bitcoin is going to launch their own cryptocurrency and that’s the reason that Facebook has banned crypto ads on its site. It is good because millions of people are using Facebook and they will come to know about cryptocurrency from this platform. I really appreciate it and it is also the proof that the future is of cryptocurrency.
member
Activity: 336
Merit: 14
Very likely but currently Facebook is legally sticky with the U.S.A court

USA have not banned cryptocurrency and any other matter of facebook with USA court is not relevant to their decision regarding crypto project . their legal department do their own work while planning department do its own , and it all depend on mark zuckerberg and investors .
newbie
Activity: 21
Merit: 0
i think facebook will create its own cryptocurrency.That you can use to send money via messenger.similar what is line messaging wants to do.
member
Activity: 336
Merit: 14
Sister of Mark Zuckerberg is advisor of one upcoming crypto project and supported that project . also facebook reversed ban from crypto . so it seems they are planning something big and it may take time to reveal their next move .
jr. member
Activity: 532
Merit: 5
There are many platform for social media alternatives to facebook in addition they have tokens which can use transfer from currently  all social media.
But Facebook has huge membership, therefore they can use their advantage. But how about blockchain?
newbie
Activity: 89
Merit: 0
>management restructure which brought in people that have history in crypto related projects
>created a crypto research division that is led by a Coinbase board member

Hmmmm makes you think...
full member
Activity: 322
Merit: 100
I really doubt it. Facebook's reputation is at it's lowest after all the Analytica scandal and many investors don't trust Facebook anymore. Additionally, why would FB need its own cryptocurrency in the first place? There aren't any paid services on the platform except maybe advertising, and if they just needed crowdfunding, there would be many easier methods.
Please elaborate on the rumour, because without context it doesn't make any sense to me. Couldn't find anything like that on the net.
newbie
Activity: 280
Merit: 0
This, not a fud, Facebook looking to develop their Own coin to use in their social media platform.
Recently facebook revise ad banned of cryptocurrencies(Still ICO related ad banned), This good for the crypto space
sr. member
Activity: 938
Merit: 266
Heard a rumor that facebook  was thinking about launching their own crypto. What do you guys think about this?

Would also love your feedback on Algebraix. App that keeps your data private and pays you to watch ads. how do you think they will measure up to the advertising giants like facebook and google?

fb creating own crypto isn't impossible. i think they are studying crypto for years now.  they might follow wechat and alipay systems of china.
sr. member
Activity: 1638
Merit: 278
Last few months ago there's  a news facebook banned bitcoin or cryptocurrency to advertise and this is bad news. If the facebook really create their own coin it will become successful their coin because they have power to advertise their coin because they have of billion user.

lol. why do you think that it was a bad new? if that news was really legit and real , then i guess that is a good news because that can lead for a crypto to become more popular. facebook is a huge social media platform which means they can easily influence other people to invest in cryptos . that wont only be benificial for them but also for us because those people will surely check out other cryptos not just the facebook's own coin.
No it’s not a bad news; it is very appreciable news because it means that cryptocurrency is taking over the market. Now gradually people are accepting crypto and if Facebook created their own currency the market for crypto would be expand and more people will come to know about cryptocurrency. Facebook currency will be credible and will get fame in short time.
member
Activity: 328
Merit: 10
For starters I do not know if Facebook created a cryptocurrency, but if I think, of creating a cryptocurrency and its chain of blocks, I would have one of the largest communities on the planet, and I can assure you that there will be certain benefits that every human being on Facebook wants. enjoy, your use case can be many, everything depends on the scope you want to obtain, payments for advertising, purchase and sales of articles, and even anything today is offered for sale by Facebook, services and others.

With what I would not agree is that it would be a centralized cryptocurrency, this is against the common welfare, which is the main goal of the crypts. transparent and decentralized would be to choose to manage another cryptocurrency on its platform.
newbie
Activity: 19
Merit: 0
Today Facebook has compromised and eased regulation. A very good news.
newbie
Activity: 23
Merit: 0
I think there will be future when BTC is accepted as an asset.
copper member
Activity: 420
Merit: 0
we don't know what is the reality may be they will or maybe they will not
but they are capable to do so having their own crypto and it will be huge and they will come with Bounty. Just my opinion
full member
Activity: 1750
Merit: 118
Last few months ago there's  a news facebook banned bitcoin or cryptocurrency to advertise and this is bad news. If the facebook really create their own coin it will become successful their coin because they have power to advertise their coin because they have of billion user.

lol. why do you think that it was a bad new? if that news was really legit and real , then i guess that is a good news because that can lead for a crypto to become more popular. facebook is a huge social media platform which means they can easily influence other people to invest in cryptos . that wont only be benificial for them but also for us because those people will surely check out other cryptos not just the facebook's own coin.
sr. member
Activity: 1274
Merit: 263
Last few months ago there's  a news facebook banned bitcoin or cryptocurrency to advertise and this is bad news. If the facebook really create their own coin it will become successful their coin because they have power to advertise their coin because they have of billion user.
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