Bitcoin Forum

http://media.coindesk.com/2013/12/david-marcus-300x185.png

Dec. 10, 2013: http://www.coindesk.com/bitcoin-future-paypal-president-david-marcus/


June 9, 2014: http://venturebeat.com/2014/06/09/paypal-president-david-marcus-heads-to-facebook-to-focus-on-messaging/


July 23, 2014: http://venturebeat.com/2014/07/23/confirmed-facebook-messenger-will-eventually-do-payments/#

no they wont

Doge?

Zuck will resist btc for one reason

Well two

THOSE TWINS

So he will look at btc and say NO just due to the fact the twins claim to control 1% of all bitcoins

So WHEN FB does take a position in some type of crypto he may choose another crypto coin IMO

How many users does FB have? So FB and Twitter are both in positions to stamp a crypto coin system as their preferred coin

Now if FB is slow to embrace any crypto coin, then btc may grow big enough to not be destroyed as the current preferred crypto coin as it is viewed now by other tech giants

User base of both FB and Twitter could drastically change the whole crypto coin landscape IMO

i think facebook embracing bitcoins could be bigger than dell or any other retailer, because how many people actively check it on a daily basis? many, many people... and what we need right now is more players to enter the game.

yes very true facebook can be a good partner bitcoin passing game game facebook: D

and facebook has the largest use of the base as well :)

so facebook can embrace bitcoin is larger than the others :)

It would be great if the did start accepting bitcoin or integrated the technology somehow, but I just can't see it. Facebook is all about making money and I'm sure they'd much rather create their own coin or type of company to capitilise fully from it. At the moment I don't think they could make much money just from bitcoin.

Winklevoss twins Likes this Post :p
and for that particular reason Mark Zuckerberg Dislikes it.

People with " Mark " as a first name doesn't have a good history with bitcoins.
IYKWIM

is there any word about what Zuckerberg actually thinks of bitcoin. Surely he's aware of it, but has he actually mentioned it publically? You would think a geek like him would be all over it but I'm not sure how much control he has nowadays with a board to please etc.

Everyone will embrace BTC one day but it can take some time.

I think MZ must be into bitcoin privately. He is buying everyday bit by bit. He make sure he whispers no word on bitcoin until he thinks he has enough, then he will say FB is considering accepting bitcoin.

It's great news that this guy is pro-bitcoin, but that doesnt mean he'll be able to pursuade them to integrate it but I hope he tries and it's surely better than having someone anti-btc.

In that vein, neither do bitcoiners whose last name start with the letter 'Z'.

Should be fine but for the moment I think they won't adopt bitcoins, they have facebook credits!  :)

Why would they adopt BTC? They have a proprietary money transfer system with credits.

And, they could easily sell those credits currently via PayPal, giving up ONLY $.30 + 2.9% per transaction, not to mention charge backs. If ONLY their were a cheaper way!

I cannot see FaceBook accepting Bitcoin.

And if they do, I worry people start buying BTC to put into Facebook, the price would skyrocket. However, that would be met with a crash, in my opinion. Everyone buying BTC to send to FarmVille would jack the price, especially all the kids with their parents credit cards so they can't really follow what their kid buys and puts where, could probably put the price at $900/BTC, and then it would go back down because it would eventually become unsustainable, since people would get less for their buck, and people would stop buying it, causin a drop in value.

I'm not trying to spread FUD, it's just my opinion on what a scenario could be.

Chances are I'll be wrong.

I am not sure about farmville specifically but I do know that there are some games on facebook that accept bitcoin

I guess Facebook will rather build their own payments system, than implement Bitcoin. Facebook is the epitome of a centralized capitalist company.

They already simply use credit cards for their "credits" so I would argue that the credits are used to keep costs for accepting credit cards down.

Talking about the money transfer system itself, not ways that customers can buy credits.

I think many companies will finish accepting it

I am not sure Facebook will be dominant in social media for much longer. The privacy backlash is an issue for them and the fact that the younger generation is moving on to lighter platforms. Bit coin doesn't need Facebook.

If they do that, that would be huge.

2008 hot 18 year old chicks would ask me what's your FB

2011 hot 18 year old chicks would ask me what's your twitter

2014 hot 18 year old chicks ask me what's my Instagram

ALL THE GROWTH IN FB IS BROKE ASS 3rd WORLD NATIONS

No one with a brain uses it IMO

Bitcoin integrated on FB would be nice for all those games and for donating to pages and causes on there. Definitely some potential, although I don't think facebook will add bitcoin anytime soon.

k u done fellating yourself?


i don't think they will incorporate it.. having bitcoin for games and donating is nice, but how does that help out facebook? that's probably all they are concerned with.

True, they could take zero of the donation, because the payment doesn't even go through facebook. Unless facebook developed something like bitpay and they would take a percent of it through there.

Post title with a question mark at the end? Time for rampant baseless speculation!

I believe that Facebook will love Bitcoin so much that they'll pay out dividends to stockholders in the crypto! I heard Mark Zuckerberg wants to make sure every kid in Africa has their own shiny Bitcoin!

I don't think so, but would I like to, yes. One huge yes. It would be amazing for Facebook and Bitcoin alike, but still it is unlikely to happen, soon at least.

What they could do is allow people to send bitcoin to each other. They have billions of users; families, friends, young, old etc. Why not make it a de-facto remittance service / bank?

If facebook will adopt bitcoin we will see a real pump in value.

I thought there was already a couple of apps that allowed you to send bitcoin through Facebook messages, although last I heard they were in beta phase and invite-only.

Sorry I cannot recall the exact names at the moment.

It would be too cheesy of Facebook to try and start their own coin... Just more layers of distraction upon distraction.

As a multi-billion dollar corporation I'm not sure they are ready to deal with the potential legal hassles of bitcoin and they likely have pre-existing relationships with other corporations that are profitably based on dollar-related fees that could possibly be done away with by implementing bitcoin.

I heard Facebook more and more start demanding scanned IDs from their users. So this might well be in preparation of the move, satisfying AML and KYC.

And no, they won't adopt Bitcoin or any crypto for that matter, they simply will set up a centralized system. Also they already have billions of users, more than Bitcoin unfortunately, and a strong network effect behind them.


well, guess who owns Instagram.

They will need to integrate it with their facebook store to stay competitive.

Why not?
Many other big companies like Dell already accepting Bitcoin or planning it (Amazon).
I think for FB this will be smart move because they have a lot users who are outside of USA, not used (or don't have) to CC, so if they offer Butcoin I think many FB users will educate themselves about it and happily accept this way of payment.
Digital currency for digital services FB is offering to his users, why not?
In my opinion this is win win scenario but of course FB officials will decide.

I think FB looking to be another payment processor/exchange is not out of the question for these reasons:

-FB Credits aren't called credits any more, they're called Game Cards.  Read: fail  ...or Transition?
-FB credits being introduced in the first place shows that the company has interest in this area.
-VC funding is going into Bitcoin startups, not FB credits or Dogecoin.  That makes it easier to convince stockholders.
-COIN ETF on NASDAQ same as above.
-More and more retailers accepting Bitcoin, You can't spend FB credits anywhere other than on FB.
-Bitcoin's growth bottleneck (in my opinion) is in end user adoption.  FB could be that "killer app" that apparently some people are looking for.  Shows a good fit for the two.
-FB is not the cool new thing anymore.  It needs a new product.  Facebook phone?  Where did that go?
-FB, for the average Joe, solves the Bitcoin address "problem", it can be a mainstream wallet.  Brings ppl back to FB.
-Bitcoin needs escrows when dealing with strangers, or a universally-recognized -trusted- brand.  Who will be that brand?  Paypal or Facebook?
Why would FB want to deal with your bank, your credit card company,etc. when dealing with its "currency", when it can just skim off of your Bitcoin transactions?  FB credits require more server space, more support for those servers.  Bitcoin has a network that is F-R-E-E built in.
-a number of other reasons that I haven't thought of yet.

Are you freaking kidding me? Really? Wow... they really are pushing the limits! Holy cow!

Wow! First I had heard of this, but...
The fact is, I asked them repeatedly to explain to me why my account had been disabled. They refused on each count and instead sent me generic emails. I still do not know why they shut me down. I feel like I’ve been dealing with the FBI. They refuse to answer questions yet ask me for my Government ID..
http://gingerliu.wordpress.com/2010/08/08/facebook-demands-government-id-before-shut-down

 On Christmas day, I got my account disabled. Reasoning was because ' We have suspected you are using a fake name and/or information.'

My name on my facebook was my LEGAL name.
My mother and I are constantly talking on there as well.
Well, I could only verify my account with my phone, which was recently cut off beforehand.
So, they give you the option to submit a photo copy of your government issued ID.
I sent one of just my photo ID that I copied with my photo printer.
NOTHING.
I copied my school ID, my license, and my credit card.
I blacked out all the information that they DID NOT need.
Still nothing....
http://www.boycottowl.com/Facebook/1

FYI: There is not a huge amount of sources to verify, but it does appear that FB is closing some accounts and demanding Gov't ID's.

Because they belong to the network product of the times, so they will use the more perfect

http://www.cryptocoinsnews.com/news/facebook-meet-bitcoin-get-bits/2014/07/23


I'm calling it first: Facebook WILL purchase BitPay for $xB.

I used to think that, but I have suspicions that there are wheels within wheels in the Bitcoin world. I think the only business qualified to buy BitPay is Google.

Maybe Zuckerberg will implement bitcoin, say that he thought of it first, and then sue the Winklevii for stealing his idea ...  ;)

I'd wager Zuckerberg is fascinated by Bitcoin, but I believe Facebook, for regulatory reasons, will not deeply integrate Bitcoin, e.g. native bitcoin tipping. If it does accept Bitcoin, it will only be as a payment method for buying its services (e.g. ads).

maybe .. someday . bitcoin still growth and grow more
i think it will happend around 2015 2016 when bitcoin going amazing :D
im curious to know and see this happened lol  :D

I'll most likely be just this.

I highly doubt a tipping service will be implemented, since someone would surely go nuts.

A good benefit, however, would mean that those who sell Facebook likes will start getting a lot of business, since people will want to promote their content in hopes of getting more tips.

On the other hand Facebook can probably do whatever it wants because it is too big to fail. If regulators try to fine FB they will threaten to kill Farmville and half our workforce will commit suicide.