Is facebook creating their own crypto?

[bornforfreedom]

Heard a rumor that facebook  was thinking about launching their own crypto. What do you guys think about this?

Would also love your feedback on Algebraix. App that keeps your data private and pays you to watch ads. how do you think they will measure up to the advertising giants like facebook and google?

[Potato Chips]

Heard a rumor that facebook  was thinking about launching their own crypto. What do you guys think about this?

Erm.. I'm not sure, I judge after reading the whitepaper and there's none SO I can't really give my opinion but if were talking about expectations, yeah definitely I'm expecting good things If ever.

The only sure thing right now is that there is really a research team dedicated for blockchain and that alone is a good thing.

[Bershie]

Heard a rumor that facebook  was thinking about launching their own crypto. What do you guys think about this?

Maybe they gonna launch a bounty platform like https://bountyhive.io, https://bounties.biz, etc. But creating there own crypto currency is totally out of the picture. Besides they are already dominate the social media patforms.

[kramchers]

maybe not, maybe yes.
we dont know what is the real deal until we see they are launching it.
but they have the capability in having their own crypto and it will have a mass adoption.

if they will have crypto i hope we can have the bounty for that.

[Alkhalifi69]

Heard a rumor that facebook  was thinking about launching their own crypto. What do you guys think about this?

I do not know for sure of that, but it can all happen because I think they are able to create their own crypto.
if it is true I just hope what is best for its future.
and to be sure if it happens they will definitely hold a bounty for the crypto.
I hope that the future of crypto will be more advanced and growing.

[Fuhre]

I do not think that's possible, just facebook asks its users to report when there are ads related to crypto on facebook. then, how facebook want to publish their own crypto currency .. facebook also has blocked all ads and products of digital currency. facebook also says that, many companies are not well-intentioned when doing transactions cryptocurrency. this statement alone has shown that, facebook is unlikely to issue their own crypto currency.

[Danstan]

Facebook token will be sold out in no time since most of the facebook user will surely bought their token, but the most problem is if they block all post concerning with the posy with the hashtag (#) of other ICO project, this will be a bloody war on crypto.

[ralle14]

It depends if there would be a lot of users interested in using their platform. I have a feeling that it would be like a faucet since watching ads won't pay a lot. If it becomes successful we could see it become like steem.

Facebook token will be sold out in no time since most of the facebook user will surely bought their token, but the most problem is if they block all post concerning with the posy with the hashtag (#) of other ICO project, this will be a bloody war on crypto.

It's only a rumor though and how can you be sure that facebook users will buy it immediately. What if a lot of users aren't interested in crypto? There are a lot of ways to promote icos and cryptos people shouldn't rely much on facebook because they aren't the only social media platform out there.

[BillCoin]

I am pretty sure that you relate to this:

https://www.cnbc.com/2018/05/11/facebook-cryptocurrency-reportedly-in-the-works.html

Anyway if they do that I just can't see a reason to use their currency beside buying ads and things on facebook, it's  not going to be a decentralized currency and they are going to be the only who can mine it.
On the other hand it shows a respect as a big company like facebook finally recognizes the technology that stands behind bitcoin.

[livingfree]

Heard a rumor that facebook  was thinking about launching their own crypto. What do you guys think about this?

Facebook coin? Facebook pay? Messenger coin? I have heard of this rumor after Facebook hired David Marcus for their blockchain.

http://fortune.com/2018/05/11/facebook-cryptocurrency-blockchain/
https://www.cnbc.com/2018/05/08/facebook-forms-a-new-blockchain-group-headed-by-coinbase-board-member.html

[Wipro]

Heard a rumor that facebook  was thinking about launching their own crypto. What do you guys think about this?

Would also love your feedback on Algebraix. App that keeps your data private and pays you to watch ads. how do you think they will measure up to the advertising giants like facebook and google?

This is how world corporates faking us. If anything rise as a power against them they will not allow that to happen. That is why we see the facebook and twitter banned the crypto currency advertisements.
I have heard that Google also planned to create the new blockchain network for them, but they cannot replace the original blockchain we use for transaction now. Facebook they are really shit and then Litecoin team is richer than Facebook so they cannot do bigger than and no come to near BTC and all. Then you can see the Gram project telegram as well. They have the launched ICO I guess. Yesterday I got the email to join their airdrops.

[jjbanks994]

I can see them doing that but in terms of data privacy...I'm sure it will still be the same it is now.

In terms of advertising I think algebraix has a good position to come in to disrupt. I saw on their site that they had over 12,000 users sign up for the app. looks like something that's in demand

[Anait]

No strong evidence is available for the news, quite often news from large scale ventures come out stating their acceptance of bitcoin as well creating their own cryptocurrency and the development of their own blockchain. But, nothing comes official helping with the growth of the cryptocurrency network.

[jvdp]

I can see them doing that but in terms of data privacy...I'm sure it will still be the same it is now.

In terms of advertising I think algebraix has a good position to come in to disrupt. I saw on their site that they had over 12,000 users sign up for the app. looks like something that's in demand

I have noticed about the algebraix project but very well known about it. Really happy to see the social network giant coming inside crypto currency proposal. Let's wait for some months.
Like gram project even Facebook may comes with ICO proposal with the pre sale value for it. Many people surely they go to invest on Facebook project for sure.

[ayiaye]

may be yes and probably not. because, we ourselves can not believe, before it really exists. although it is true, facebook creates its own crypto, hopefully we can be more advanced and developing. not to drop each other.
we'll see the future, whether it is true facebook will create, or this is just a fraud news only.

[crzy]

There is no confirm news about this thing but why not? I think they realized now the good things about cryptocurrency and if they make their own coin for sure its a big one and many investors will finally come. Time will come and those big companies will make their own coins in order to survive.

[kwarto]

Heard a rumor that facebook  was thinking about launching their own crypto. What do you guys think about this?

Would also love your feedback on Algebraix. App that keeps your data private and pays you to watch ads. how do you think they will measure up to the advertising giants like facebook and google?

im not sure about it! facebook is planning to ban crypto related ads on their platform this coming june and now this news come out that they will make their own coin.
anyways, if this will happen this will push the coin to increase its value in the marketplace...

[Uvidify]

that would be great. atleast we know the owner. if it fails, we can arrest him. hahaha

[Muzika]

that was the latest trend in the crypto world facebook is creating their own coin, also some news saying that they will only using the blockchain technology. But the speculation that facebook will be having their coin gained popularity because of the news that facebook will be banning crypto related ads.

[eemon]

maybe yes or maybe not