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Author Topic: Will YouTube launch it's own cryptocurrency.  (Read 840 times)
seleme
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January 10, 2020, 06:18:01 PM
 #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.
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.

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January 10, 2020, 06:28:42 PM
 #102

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.

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January 10, 2020, 07:11:09 PM
 #103

It's most likely they will at some point. Every big institution is being tokenized YouTube won't be left out of this era.
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January 10, 2020, 07:38:10 PM
 #104

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.

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January 10, 2020, 08:54:15 PM
 #105

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.
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January 10, 2020, 09:45:36 PM
 #106

With NXT you can launch easy cryptocurrency.
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January 10, 2020, 10:43:12 PM
 #107

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.

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January 10, 2020, 10:48:26 PM
 #108

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

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January 10, 2020, 11:02:27 PM
 #109

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.

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January 11, 2020, 12:03:11 AM
 #110

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.

 
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January 11, 2020, 08:40:40 AM
 #111

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.

TIDOVEE
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January 11, 2020, 09:42:12 AM
 #112

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.
julius caesar
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January 11, 2020, 09:44:18 AM
 #113

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.

jazmuzika217
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January 11, 2020, 09:45:35 AM
 #114

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.
bohr
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January 13, 2020, 05:17:34 PM
 #115

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.
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February 10, 2020, 03:35:52 PM
 #116

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.

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