Facebook & Google creating its own Cryptocurrency!

[BitKinginfinity]

Thanks for your inputs everyone. I'm still learning about Bitcoins and a lot of stuff. Do you have any recommendations on skills needed to be more productive with Bitcoin? I'm currently reading threads on Campaigns and Bounty. Thanks again.

By the way this is a good development.
https://twitter.com/Melt_Dem/status/895466611477544960

Uber is now accepting Bitcoin Tips.

[Kiweikoo]

Nice clickbait title /s   *sigh*

Why would they be interested in creating their own cryptocurrency though? Sure, they could probably implement bitcoin and ethereum and or whatever cryptocurrency will be dominating in the next decade; but I really don't see them creating their own cryptocurrency. If ever they would, it would definitely be under another company name.

I agree. What exactly will Google & Facebook stand to gain if they develop their own cryptocurrencies?

Google does not accepts payment for any services it offers. I use Google for searching random things and I haven't paid a penny so far. Maybe they will start something like this. Same goes for Facebook. I just hope they don't start charging for making accounts or searching any topic.

I think, they are going to give their employment salary in the form of digital currency. I might be wrong but it is good to hear that they are about to introduce their own digital currency.

[ClarksonI]

it seems to me logical that big companies will create their own crypto currency, why it would not ride the wave?

[chess888]

Been watching values of BTC and reading a lot of negative lately. I'm a bit new so I keep my mind open to new Ideas or other opinions. Still the post on Uber accepting BTC as tip is a start. Also I read that Mcdonalds might be into bit coin as well in 2018. One thing is for sure if Cryptocurrecies like BTC is accepted by major companies the like of Facebook and Google, its not about centralizing the currency but accepting that more people are willing to pay, invest and accept Cryptocurrencies for their Value in terms of goods and/or services provided. The more people believe, the more the value increases. Still need to read more topics.

[Mark Promo]

If Google releases its cryptocurrency, then, of course, it will be in demand and popular. The same applies to other giant companies. I would buy their coins without thinking.

[CryptosapienZA]

Your thoughts on Facebook and Google creating its own Cryptocurrency. I know BTC is the pioneer in cryptocurrencies and currently has the highest value but if this two giant companies will release their own cryptocurrencies I don't think anyone would want miss that. Its not impossible right? Similarly Other companies like twitter & Youtube and even UBER can also dig into cryptocurrencies. If major companies can consider BTC as their main cryptocurrency, BTC value will definitely skyrocket.

That would be the dumbest idea ever. Why would they create their own cryptocurrency, instead of using what is already available? Theres already way too many cryptocurrencies out there. I see that as a waste of resources, just a duplicate of what is already out there.

[gandhe83]

If facebook and google create their own cryptocurrency, this is a new revolution in the crypto world. Because you can definitely understand that facebook and google are two big guys in the technology world, they have the qualifications and the money to make a difference. I hope to see the product of facebook and google sooner.

[Lancelot04]

Your thoughts on Facebook and Google creating its own Cryptocurrency. I know BTC is the pioneer in cryptocurrencies and currently has the highest value but if this two giant companies will release their own cryptocurrencies I don't think anyone would want miss that. Its not impossible right? Similarly Other companies like twitter & Youtube and even UBER can also dig into cryptocurrencies. If major companies can consider BTC as their main cryptocurrency, BTC value will definitely skyrocket.

Well, that will make the world of cryptocurrencies even greater. I know that they are major companies but somehow I think that they will also adapt Bitcoin as the main cryptocurrency.

[emmybd]

These two companies are the giant of the internet. At present cryptocurrency is a profitable business. In future, it will be even more. So Facebook and Google don't want to lag behind, they want to cash in.

[BitcoinFrik]

Your thoughts on Facebook and Google creating its own Cryptocurrency. I know BTC is the pioneer in cryptocurrencies and currently has the highest value but if this two giant companies will release their own cryptocurrencies I don't think anyone would want miss that. Its not impossible right? Similarly Other companies like twitter & Youtube and even UBER can also dig into cryptocurrencies. If major companies can consider BTC as their main cryptocurrency, BTC value will definitely skyrocket.

You made me think they are really going to release a crypto.

[bitfools]

Your thoughts on Facebook and Google creating its own Cryptocurrency. I know BTC is the pioneer in cryptocurrencies and currently has the highest value but if this two giant companies will release their own cryptocurrencies I don't think anyone would want miss that. Its not impossible right? Similarly Other companies like twitter & Youtube and even UBER can also dig into cryptocurrencies. If major companies can consider BTC as their main cryptocurrency, BTC value will definitely skyrocket.

You made me think they are really going to release a crypto.

HELL YES THEY will

almost the entire earth is already glued to facebook, thus perfect place to put the wallet

Amazon will have their own, and google is nsa, so they will have their own,

Once fb, amaz, and google have their crypto's in place, that will be your micro-payment platform,

Google already has your real-id

Facebook has your life history

amazon knows your needs

Tie this all together and BIG-BROTHER gets a real hard-on

BITCOIN is just a bank for rich ppl

[batang_bitcoin]

Your thoughts on Facebook and Google creating its own Cryptocurrency. I know BTC is the pioneer in cryptocurrencies and currently has the highest value but if this two giant companies will release their own cryptocurrencies I don't think anyone would want miss that. Its not impossible right? Similarly Other companies like twitter & Youtube and even UBER can also dig into cryptocurrencies. If major companies can consider BTC as their main cryptocurrency, BTC value will definitely skyrocket.

We don't want to miss that but if they are really for crypto's they'll probably adopt the technology of blockchain itself. When they started to make their own crypto's, they have freedom for doing it so but don't expect that it will be the major currency of all since they have made it for their own service still people will stay to bitcoin which is the most used crypto of all. Many companies did and even countries did this of making their own cryptocurrency but where are they now? They only add another bunch of altcoins.

[bitfools]

when a company, or similarly a country, a bank, a financial firm,.... creates a new coin based on bitcoin using the blockchain technology, they are always creating a centralized token and that is a creating huge difference. it may seem like nothing in words but in reality the difference between bitcoin being decentralized and global without any kind of restrictions regarding usage whatsoever and a centralized token that a company issues is a huge one.

they can try and make their own version and many of them are doing it, but in the end it will be just another altcoin in  a sea of altcoins.

when an idiot in moms basement makes a clone

when google releases its own token-dev-kit,

these two are not the same

GOOGLE is NSA - PUTIN

That's all U need to know

...

But I agree, whatever comes from the FANGS will not be the btc block-chain of satoshi, it will be a centralized system of control hardwired to ZOG

[Iambatman]

for me thats is good if they do that. to open they crypto for all of the people

[MP4]

why would they make this. Maybe they already have their own technilogy (blockchain) that is faster but we dont know what is going on inside these two big companies. We are 10 years behind them, and so even if these two make their own token, that would be late, cuz the trustment and regulatory of bitcoin is too jumpingly.

[KevinHD]

Even though they will make their own currency and use it in their platforms, which is the biggest social media platform together with the biggest search engine operator, Bitcoin will never be eliminated nor get affected by it. Their coins would probably be like an altcoin because having or implying a coin takes so much time and undergoes dozens of processes and changes. And especially, as the both companies are still hackable, it will be a great disadvantage of their own coin.

[hilda483]

You nearly got me here. Indded, it would be great if Facebook or Google launched a Crypto currency. Everyone would jump on it for sure.

[Jating]

Your thoughts on Facebook and Google creating its own Cryptocurrency. I know BTC is the pioneer in cryptocurrencies and currently has the highest value but if this two giant companies will release their own cryptocurrencies I don't think anyone would want miss that. Its not impossible right? Similarly Other companies like twitter & Youtube and even UBER can also dig into cryptocurrencies. If major companies can consider BTC as their main cryptocurrency, BTC value will definitely skyrocket.

Facebook and Google creating their own cryptocurrency if true has nothing to do with bitcoin. Its a separate entity which both companies can "control". As opposed to bitcoin which is decentralizes. What do you mean miss that? Both companies have already IPO and it doesn't make sense to offer this crypto's to the market. Yes, it's possible that then again, it will just harm than and no make sense in business stand point of view.

No need to make bitcoin as major currencies by big companies, this is totally outrageous and disadvantegous. Have you heard of state back currencies? If not they go and research and see if it fits and becoming successful. We don't need companies adopting bitcoin. We already have a lot of investors to push the price even further. And everyday bitcoin is becoming popular and fresh money is being pump into the ecosystem.

[jawadmehmood]

Facebook and Google are big giants Suppose google create their own cryptocurrency and manage their payments in own cryptocurrency just imagine if google force advertiser to pay for advertising in their own cryptocurrency and also google pay for publisher in their own currency then the mass adoption will skyrocket that currency. worldwide mass adoption of that currency will create huge potential for that currency. 

[Amon Raa]

Kik, the messaging app, tokenized their entire ecosystem. I can see Facebook doing a similar play but perhaps for part of their products.

Whatsapp seems ripe for innovation, especially on the Payments side. Already many messaging apps such as WeChat provide payment functionalities, and their biggest competitor in India, Hike Messenger with 100 million users, have starting their own Payments system. A Whatsapp Payments system will easily drive Zuckerberg's net worth to over $100 billion