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Author Topic: OMG! Is Facebook introducing Bitcoins!  (Read 3642 times)
Gordonium (OP)
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June 14, 2013, 10:22:17 PM
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Jozzaboy
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June 14, 2013, 10:25:57 PM
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Hey Earl! Is this one of these thingymajiggers... a bear toss?

Na Jake, he's just one of those special people.

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I also accept precious metals, no paper money please.
Lohoris
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June 14, 2013, 10:26:27 PM
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Unlikely.

Currently the trend is creating a fake centralised currency which actually isn't even a currency at all since you can't exchange it with other people; i.e. a credits system which trick the users into thinking it's a currency instead.

And Facebook already has credits (at least they don't pretend they are something else, AFAIK).

I guess it will be something else, completely unrelated.

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June 14, 2013, 10:26:57 PM
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What is a Bear Toss?
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June 14, 2013, 10:33:11 PM
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Way to get my hopes up high.
http://techcrunch.com/2013/06/14/facebook-reader/
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June 14, 2013, 10:33:32 PM
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Yeah, I hear Zuck is really good mates with the twins after the law suit - wants to make them rich  Grin

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June 15, 2013, 12:14:48 AM
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yay they're joining prisim!
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June 15, 2013, 12:24:32 AM
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Not bloody likely
Gordonium (OP)
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June 15, 2013, 12:30:02 AM
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Yeah, I hear Zuck is really good mates with the twins after the law suit - wants to make them rich  Grin

Let's say you could become trillionaire by making your old enemies billionaires. What would you do?
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June 15, 2013, 01:03:54 AM
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Omg, thanks for giving me a heart attack for nothing...
maco
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June 15, 2013, 01:26:13 AM
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What fake currency are you talking about? it sounds like you know something we may not. Tell us!


Unlikely.

Currently the trend is creating a fake centralised currency which actually isn't even a currency at all since you can't exchange it with other people; i.e. a credits system which trick the users into thinking it's a currency instead.

And Facebook already has credits (at least they don't pretend they are something else, AFAIK).

I guess it will be something else, completely unrelated.

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June 15, 2013, 03:02:14 AM
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Facebook will not be incorporating bitcoin into any payment gateways at this point due to the unreliable US dollar. If it didn't jump so fast it would be looked at.

Can't provide source, but can say they are within facebook.


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Lohoris
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June 15, 2013, 09:35:06 AM
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What fake currency are you talking about? it sounds like you know something we may not. Tell us!
amazon, for instance?

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June 15, 2013, 10:22:41 AM
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What fake currency are you talking about? it sounds like you know something we may not. Tell us!


Guess he's talking about this :

http://en.wikipedia.org/wiki/Facebook_Credits

interesting read. Seems like Facebook is discontinuing the facebook credit idea and will refund all users in FIAT.

FinCen according to this wiki compares Facebook Credits to Bitcoin, in term of regulation at least..
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June 15, 2013, 10:27:46 AM
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Goodness, the sentence is so vague, it can mean anything in the world!!!!  How do you associate it with Bitcoin in the first place?
Lohoris
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June 15, 2013, 11:08:08 AM
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What fake currency are you talking about? it sounds like you know something we may not. Tell us!

Guess he's talking about this :

http://en.wikipedia.org/wiki/Facebook_Credits
At least Facebook Credits were honest and didn't pretend they were a currency.
I'm talking about Amazon Coins instead, which are marketed as a currency when they clearly aren't (i.e. they are just "credits").

The difference between a currency and credits is that a currency may be exchanged between different users, while credits always go through the issuer.

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June 15, 2013, 01:22:04 PM
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Goodness, the sentence is so vague, it can mean anything in the world!!!!  How do you associate it with Bitcoin in the first place?

I think he mistook the coffee stain mark from the bitcoin logo Cheesy
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June 15, 2013, 03:33:36 PM
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I could totally see Facebook creating FaceBookCoin in the same streak as other "coins" like Apple iMoney and AmazonCoin, neither of which are cryptocurrencies but centralized web-coupon garbage not unlike web currencies of the 2000s .com implosion.

But, I would still hold hope Zuckerberg sees the light and actually pushes to accept the real deal as payment for ad services and such.

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June 16, 2013, 08:18:37 AM
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Yeah, I hear Zuck is really good mates with the twins after the law suit - wants to make them rich  Grin

Let's say you could become trillionaire by making your old enemies billionaires. What would you do?

If its riskless, i would do it. Enemies one day, friends the next
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June 16, 2013, 12:26:25 PM
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facebook is fast becoming totally irrelevant to anyone under 20...I've seen my teenage son and daughter and all their friends completely dropping off facebook in the past year...I know this is the end for them.  They have a few short years left but will eventually be another myspace trying too hard for an audience that is no longer interested.

I also can't see them ever making a move to something like this that they cannot completely control. 

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