GlobalCoin gets support from Visa, Mastercard & Uber

[Bitfling]

I don't think anyone is surprise with the way big companies warm their heart to this project, Facebook is a huge success and if you look at what they have done with Instagram and Whatsapp, you would understand that they know well how to build a products, but can it compete well with BTC and do the market trust it, time will tell

If bitcoin recognized as digital asset not a currency, i think facebook coin can be success. Its hard to compete bitcoin right now because its too powerful and to gain trust like bitcoin did, but facebook is big company with billions market cap value and used by most people in the world, i think facebook can be a good investment if it launch

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[beerlover]

I don't care who visa/mastercard/uber supports really, even if the topic is crypto then I wouldn't care. Take a look at the companies, one is facebook which is under investigation for watching over us like big brother and giving valuable info to companies that would affect the elections by sending advertisements to undecided voters about the topics they like, literally shaping the political sphere of the whole world.

The others are visa and mastercard who are always under investigation about transactions not properly done in many countries and using the funds they have for making more profits without asking permission first and the last is Uber which literally has no ethical responsibility at all and has been under scrutiny for discrimination as well. I am sorry but these are all horrible companies.

[tins]

I don't think anyone is surprise with the way big companies warm their heart to this project, Facebook is a huge success and if you look at what they have done with Instagram and Whatsapp, you would understand that they know well how to build a products, but can it compete well with BTC and do the market trust it, time will tell

If bitcoin recognized as digital asset not a currency, i think facebook coin can be success. Its hard to compete bitcoin right now because its too powerful and to gain trust like bitcoin did, but facebook is big company with billions market cap value and used by most people in the world, i think facebook can be a good investment if it launch

Facebook crypto currency I think will be much different from altcoin or Bitcoin. Because Facebook starting point is different than all crypto at the moment. It is the leading technology corporation in the world, so its currency is also developed in another direction

[xenomorphe1]

Facebook's GlobalCoin is more like your current credit cards. As it should be a stable coin. It is not going to be like other cryptocurrencies. It is more like USDT, but it should be accepted everywhere as payment. It is not good for traders, except if the crypto market is in bear mode. And we don't know if it will be available on cryptos exchanges. And we can suppose that your wallet should be linked to your Facebook profile and that you will have to pass some sort of KYC to be able to use it. Facebook want to become a kind of bank, but they will know what is in your mind and your finance if you really use its services.

[terrific]

My guess would be this globalcoin will be accepted in those companies service.
At least this coin does have usecase already.
Not like those altcoins that are conducting ICO, most of them are useless.

Can you compare a big major companies which have so many supporters and partnership  and a small company that started from zero? it's not fair.
I would not be surprised to see that happen with the facebook global coin and maybe another major company will try to support or create their own one.
FB will never try to do a wrong thing because that can destroy its credibility.

You know the world is cruel and is full of unfairness.
Just check the facebook profile of Mark Zuckerberg today.
He has announced the project libra already.

[evenotto]

This is good news for all cryptocurrencies.
The more news with a positive shade, the greater will be the market capitalization for the whole crypt, including for Bitcoin

[freedomgo]

Big companies are supporting big companies, looks like they are planning to own a big market in the crypto space, but it's not something we called as a threat, as facebook getting more serious with their intention to do business in crypto, things will look better for the crypto space as a whole.

I just like to add one of the source OP is stating.

https://www.coindesk.com/report-uber-paypal-visa-to-back-facebooks-globalcoin-cryptocurrency

[BryanK]

I don't think we can hope for the loyalty of the big financial giants any time soon. We still need to wait for the decision of the regulator USA. Since this market will not be able to develop without it.

[sri.bima]

If GlobalCoin gets support from VISA and Mastercard, and also big companies. It is not impossible to achieve extraordinary success. Automatically will boost popularity in the cryptocurrency community. I think all of us from now on can imagine and reality will be seen. Let's look forward eagerly. I was looking forward to his presence.