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Topic: Will YouTube launch it's own cryptocurrency. (Read 905 times)

sr. member
Activity: 882
Merit: 260
February 10, 2020, 10:35:52 AM
In accordance of Facebook launching its own cryptocurrency which is the Libra coin anytime in this year 2020, which is really a big thing for which it is one of the largest social media platform in which everyone of us do have an account around the globe. Well, I guess if YouTube will be launching its own cryptocurrency as well, then it will be a great news and a good thing as well because it seems that the largest social media platforms are already up into launching its own crypto coin which will surely gain the interest of the crowd. Well, it seems not impossible to happen but that will still be up into YouTube if they will also release their own crypto coin and what will be basically its feature to hook up the interest of the crowd. Let us just see what will happen in the near future if the remaining largest social media platforms will get into cryptocurrency industry like Facebook but as of now, let's all just wait until such time that YouTube can decide what to do if they will get into crypto or not.
sr. member
Activity: 994
Merit: 257
In my opinion, Google might have their own cryptocurrency soon. But this only happen if most governments in this world accept crypto and turn it to legit currency. Currently, i'm think they have already develop new blockchain or something related to crypto, because a tech company will not want to miss this future tech.
I really think that governments are going to begin to create laws regarding this issue, they cannot let such huge corporations to create their own currencies, governments were very worried when Facebook made the announcement because as we know Facebook has billions of users and not only this will make the adoption of their coin almost an overnight success it will also help the development of the market of cryptocurrencies which is something that they do not want.
member
Activity: 476
Merit: 12
I think youtube and google won't do that because all we know that their income is enough or we can say that their income is too huge and all we know that those big company did not want any issue that is the reason why they delete all the blog or video related about crypto. So I think this is impossible.
full member
Activity: 644
Merit: 127
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I do not think youtube will gonna have their own cryptocurrency because they have already ban cryptocurrency videos in their website. So maybe, they are not into the crypto that is why they ban it. I think that would be a big factor if they are going to have their own crypto or not.
sr. member
Activity: 1246
Merit: 255
It is not a mandate for all social media to launch their own crypto currency, it is not a competition either. Both YouTube and Google may have the finances it takes but that's not all it takes.
Secondly, if you want to learn more about BitcoinTalk. Download apps on crypto currency news and read round bitcoin discussions, contribute your little ideas and ask what you don't know. Just as you have done.
hero member
Activity: 2688
Merit: 588
There is a question in my mind that alarming in my mind for few days. I am a new member here but in replies the senior and hero members that knows cryptocurrency news at very large amount. Will YouTube or Google launch it's own cryptocurrency?
I am hearing for few days that the Facebook launched libra coin. Is this news is real.
I want to more work at bitcointalk but i confused for it's hard amount of rules.
Anyone help me that what topic that I select for making topics and learn crypto knowledge by reading posts and I will be able to become a senior member.
There is not going to be anything like YouTube cryptocurrency. YouTube is under Google and if there is going to be any such thing like that, it’s going to be a cryptocurrency that is under Google. And yes, Facebook did announce that they are releasing a cryptocurrency that goes by the name Libra, but no one is sure whether they are still going to release it because they are having some challenges (would be better you do some research on it), so there is no fixed date yet, they just said it might be released in 2020.

I guess every big market giants of this world may launch their own coin but which all always lead them to adopt bitcoin at the end of their cycle because the advantage of having a common payment processor will push them to do so Cheesy.
sr. member
Activity: 742
Merit: 329
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I don't think that youtube will launch their own cryptocurrency because it is completely unnecessary for them. They are already established and there is already a lot of cash flowing into their bank account so creating their own cryptocurrency will not help them and it will only make their system complicated because they need to do a lot of adjustments if they will be goin' into crypto.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
Well they already allow credit card payments to their Playstore so it ain't that far before something like "Google Credits" would be launched for their own and their users use also.
It's unlikely they'll do though just from how they reacted to these crypto-related apps/videos so sudden.
They have admitted that it's just an error on their side to suddenly banning crypto related videos and imagine if youtube is going to release their own crypto coin instead of using conventional payment system. there are so many advantages they can achieve by using this coin like incentivizing viewers or even easily send payment from the adsense without the need to go through conventional bank and getting deducted by the bank fee.
legendary
Activity: 1722
Merit: 1014
There is a question in my mind that alarming in my mind for few days. I am a new member here but in replies the senior and hero members that knows cryptocurrency news at very large amount. Will YouTube or Google launch it's own cryptocurrency?
I am hearing for few days that the Facebook launched libra coin. Is this news is real.
I want to more work at bitcointalk but i confused for it's hard amount of rules.
Anyone help me that what topic that I select for making topics and learn crypto knowledge by reading posts and I will be able to become a senior member.

If Google launches its own cryptocurrency I bet it becomes a new dollar, much more powerful then FB Libra.

PS. Lol, they already gave you negative trust  Grin You should learn fast and get used to the Rules and the righteous guys who not only obey them but also are helping to punish newcomers, hehe Smiley
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
It's most likely they will at some point. Every big institution is being tokenized YouTube won't be left out of this era.
Big corporation or company just want to take advantage of blockchain and thats' why they are doing research and investment into the blockchain technology to find the real use of it and implement it to their system but doesn't necessarily means that they are gonna launch their own cryptocurrency.
Even I can't see the reason youtube should release their own cryptocurrency while they already have their google payment from its parent company. There's just no reason at all.
full member
Activity: 260
Merit: 100
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With NXT you can launch easy cryptocurrency.
hero member
Activity: 2184
Merit: 531
It would be a big step forward for youtube because they used to be anti-crypto for some time now. They want it to look like they're objective about it but they're not. Every big company is trying to support their best interest.

They won't do much in the space because of how Libra is failing but if Libra gets approved and launches we could see a YT coin.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
Any particular reason why you think youtube will be making their own crypto currency? I don't see any. Neither have I heard anything about google making cryptocurrency, let alone YouTube. If they do make cryptocurrency,  I think they will be facing the same fate as libra. They probably will also make it centralized thus driving people away from using it.
jr. member
Activity: 714
Merit: 3
It's most likely they will at some point. Every big institution is being tokenized YouTube won't be left out of this era.
legendary
Activity: 2282
Merit: 1041
If big companies create its own cryptocurrency, why would you use that? To give power to big corporate companies? Aren´t you afraid?
Bitcoin was created to be an alternative for people, to use free money not affected by corporates or banks.
The cryptocurrency industry is not created for fighting back with the unfair advantages of "capital"ism. The global companies will not take the crypto ecosystem seriously unless the right time arrives. I doubt Youtube will launch the cryptocurrency because they already compete with the Netflix in Youtube Premium.

Seen youtube premium being advertised in youtube itself. I wouldn't mind if they create their own coin but it will look much better if they accept crypto instead of creating their own. Nothing stops them form doing it unless the government doesn't allow them to. Libra was stopped by US government and its this time that government may really have to work on for more control over the big companies trying to circumvent the laws.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
If big companies create its own cryptocurrency, why would you use that? To give power to big corporate companies? Aren´t you afraid?
Bitcoin was created to be an alternative for people, to use free money not affected by corporates or banks.
The cryptocurrency industry is not created for fighting back with the unfair advantages of "capital"ism. The global companies will not take the crypto ecosystem seriously unless the right time arrives. I doubt Youtube will launch the cryptocurrency because they already compete with the Netflix in Youtube Premium.
sr. member
Activity: 854
Merit: 267
★777Coin.com★ Fun BTC Casino!
There is a question in my mind that alarming in my mind for few days. I am a new member here but in replies the senior and hero members that knows cryptocurrency news at very large amount. Will YouTube or Google launch it's own cryptocurrency?
I am hearing for few days that the Facebook launched libra coin. Is this news is real.
I want to more work at bitcointalk but i confused for it's hard amount of rules.
Anyone help me that what topic that I select for making topics and learn crypto knowledge by reading posts and I will be able to become a senior member.
As far as I know I never heard any news that those two companies would create their own cryptocurrencies just like Facebook did. As a matter of fact, those Google used to banned those crypto ads due to the reason that it could potentially harm the users and so did for YouTube. However, there might be a chance for them to create their own if crypto would be legally use across the world.
legendary
Activity: 3248
Merit: 1179
If big companies create its own cryptocurrency, why would you use that? To give power to big corporate companies? Aren´t you afraid?
Bitcoin was created to be an alternative for people, to use free money not affected by corporates or banks.

It's easy to make a difference between centralized and decentralized projects. Companies can choose between making centralized and decentralized coin, but of course centralized coins can be controlled, while with decentralized coins control have totally different meaning.
Big internet companies, like YouTube is, are in a huge problem. New decentralized platforms that offer the same as they do, and addition to that anyone can earn much easier, will overtake them, eventually. I strongly believe that youtube, facebook, twitter, and some others will have the same destiny as myspace, they will be overrun by better ones!
full member
Activity: 784
Merit: 101
If big companies create its own cryptocurrency, why would you use that? To give power to big corporate companies? Aren´t you afraid?
Bitcoin was created to be an alternative for people, to use free money not affected by corporates or banks.
copper member
Activity: 1190
Merit: 3
As far as question-related to cryptocurrency by YouTube, I think it's possible but not in the near future. First, Google is based out of the US where crypto is not in good condition and second, the Libra coin from Facebook will be a lesson to google to step forward or backward in case its decded.
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