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Bitcoin Forum > Other > Politics & Society > Facebook prepping for e-money service, close to getting approval in Ireland
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Wilikon (OP)
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April 14, 2014, 02:50:57 PM
 #1




http://thenextweb.com/facebook/2014/04/14/facebook-reportedly-prepping-e-money-service-close-getting-approval-ireland/#comments
jubalix
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April 14, 2014, 03:19:34 PM
 #2
trusting facebook with your money

Nope.

Facebook = subpoena/seize anything

Bitcoin anything done right = subpoena/siezure proof
Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
bryant.coleman
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April 14, 2014, 03:55:45 PM
 #3
This is a bad news actually. Their service can become a rival to Bitcoin and push its value down, just like all those shitcoins feeding off Bitcoin and then reducing its acceptance.
Wilikon (OP)
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April 14, 2014, 05:10:33 PM
 #4
Quote from: bryant.coleman on April 14, 2014, 03:55:45 PM
This is a bad news actually. Their service can become a rival to Bitcoin and push its value down, just like all those shitcoins feeding off Bitcoin and then reducing its acceptance.

Instant 500 million + market for their alt coin. Could be bad news for paypal too.
Nik1ab
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April 14, 2014, 05:34:59 PM
 #5
How stupid can people get?

Bitcoin: decentralized, uncontrollable, hardly traceable with the right tools, fast, easy, useful - Really bad, don't use it!
Fiat bank transfer: centralized, controlled, easily traceable, slow, useless - Everyone should use that!
Facebook transfer thing: (probably) centralized, controlled, easily traceable, useless - Everyone should use that too!
No signature ad here, because their conditions have become annoying.
Nemo1024
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April 14, 2014, 05:43:20 PM
 #6
Run a social campaign: "Almost like Bitcoin, but they control your money".
“Dark times lie ahead of us and there will be a time when we must choose between what is easy and what is right.”
“We are only as strong as we are united, as weak as we are divided.”
“It is important to fight and fight again, and keep fighting, for only then can evil be kept at bay, though never quite eradicated.”
hilariousandco
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April 14, 2014, 10:17:07 PM
 #7
Interesting, but I reckon this will probably just become their version of Paypal. Probably all hope will be lost for them accepting BTC if they come out with this.
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Hazir
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April 14, 2014, 11:16:49 PM
 #8
I hate facebook. People still don't get it? It is the best trojan horse and the best way to control and to know what people do, who they meet and what they eat. Everything. Back in the day Hitler and Stalin wanted to create similar databases of people. They failed. Now stupid people put all their data on some shady site like facebook? For government is like dream come true, total invigilation without much effort. Everything linked with facebook is evil. Snowden is right.

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bryant.coleman
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April 15, 2014, 05:44:11 AM
 #9
Quote from: Wilikon on April 14, 2014, 05:10:33 PM
Instant 500 million + market for their alt coin. Could be bad news for paypal too.

Facebook and Paypal are not in good terms. Actually I was hoping to use their rivalry to the advantage of the Bitcoin. I was really hoping that someday FB would adopt Bitcoin. Damn... not going to happen.
TaunSew
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April 15, 2014, 02:04:11 PM
 #10
Everyone is hopping on the Ripple bandwagon and they'll likely make the same mistakes (premining 98%+)
There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
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