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Crypto News: Are you ready for Facebook Coin?

Postby OldGuy » 12 Mar 2019, 12:08

Just heard about this today. Do some research for more information. This is just one youtube video to help explain what it is. https://www.youtube.com/watch?v=vFRrqXq5upM
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Re: Crypto News: Are you ready for Facebook Coin?

Postby suny » 12 Mar 2019, 14:32

I am not sure, I agree Facebook can start it but the chances of success are 50-50. I reserve my comment unless I hear more on this.
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Re: Crypto News: Are you ready for Facebook Coin?

Postby Tendz » 12 Mar 2019, 18:19

It might be beneficial for international money transfers where money transfer is expensive. There will be more flexibility in payments. However, the only dilemma would be to trust Facebook, who has a poor record at keeping users data private, with such a huge responsibility.
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Re: Crypto News: Are you ready for Facebook Coin?

Postby fergus1234 » 15 Mar 2019, 07:02

Facebook is trying to be a Jack of all trades. First monetized videos, then monetized videogame streaming , then Original tv shows and now crypto currency.
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Re: Crypto News: Are you ready for Facebook Coin?

Postby raaman » 15 Mar 2019, 12:38

fergus1234 wrote:a Jack of all trades

Just like the Indian industrialist Anil Ambani?! According to my understanding, he had diversified into almost all trades. His one day income is said to be Rs.133,00,00,000/- (Rs.133 crores).
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Re: Crypto News: Are you ready for Facebook Coin?

Postby mrki444 » 15 Mar 2019, 17:41

They need to bring new users so they will join into crypto business.
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Re: Crypto News: Are you ready for Facebook Coin?

Postby KyushuKris » 16 Mar 2019, 14:32

well it's FB so it will have some value at least, it'll be like forumcoin but on a much bigger scale, used in a similar way to buy likes and bring visitors to business pages.
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Re: Crypto News: Are you ready for Facebook Coin?

Postby MysticMoons » 17 Mar 2019, 21:26

The thing is they don't pay users unless they have 10000 followers. Bittube pays you without even one follower. If youtube and facebook really want new creators they need to relax their followers min requirements.
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Re: Crypto News: Are you ready for Facebook Coin?

Postby augusta » 25 Mar 2019, 05:42

Yes I have read about this in my closed group and I hope it can stand the test of time though I know most Facebook project is always a hit so I can't doubt this one.
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Re: Crypto News: Are you ready for Facebook Coin?

Postby naxewp81 » 30 Mar 2019, 10:30

I've read about it. I personally think a diverse type of coins will be healthy for the crypto world, but after that Cambridge Analytica scandal, I'm ambivalent with anything that Facebook do.
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Re: Crypto News: Are you ready for Facebook Coin?

Postby Joseph83 » 30 Mar 2019, 18:34

Just hearing it for the first time. It will be good if it come to hold
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Re: Crypto News: Are you ready for Facebook Coin?

Postby riddy09 » 01 Apr 2019, 00:12

I've been hearing it lately but I'm not sure or not interested. I'm reading some posts that it is a data grab like Facebook obviously. I remember in our government uses FB data to check identification which is absurd so this crypto will not do good like Bitcoin.
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Re: Crypto News: Are you ready for Facebook Coin?

Postby ceci » 03 Apr 2019, 09:55

Not sure it would be in trend or not since Bitcoin is not working well lately, dropped back to USD5,000 level.

Hope it would as powerful as the Facebook share price.
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