Facebook and blockchain

[Obeng minn]

rich facebook does not want to miss getting bigger assets. but why the facebook management team ever issued a ban on crypto ads, but they did create their own cryptocurrency.

[stripewhite]

Facecoin - the only thing less secure than your privacy.

[poletando]

what? last time i read news about cryptocurrencies and facebook is about facebook banning all about the cryptocurrencies and coin in their ads facebook, right now i see that facebook will makes their own cryptocurrencies? what happen here/ oh cmon, where is the news that fakes. is it? or the last news that i read?

[StarLucas]

Nice.... but it’s just a buzzword. No different than adding .com to the end of a company name.

Blockchain without a crypto is basically a fancy database with a chain of evidence system. Will Facebook ever become decentralized? Not in your dreams.

Nice try, Zuck.

[Sandus_Cryptolover]

If there's anything I've come to noticed amongst the elite, is that they intentionally run down a wonderful package in order to float theirs. What stands out here isn't Bitcoin or ethereum but the technology. With the Blockchain technology, hardly is there any human challenges that can't be fixed.

Only rumors, but I see that this can be real (unicorns taking over crypto).
This would popularize blockchain and crypto to a new level, I think we are not so far from that anymore.

https://cointelegraph.com/news/facebook-exploring-making-its-own-cryptocurrency-media-report

[erickkyut]

Only rumors, but I see that this can be real (unicorns taking over crypto).
This would popularize blockchain and crypto to a new level, I think we are not so far from that anymore.

https://cointelegraph.com/news/facebook-exploring-making-its-own-cryptocurrency-media-report

Not all news coming from cointelegraph are real. I already read this articles but I have doubts if it is legit. The only way for us to find is if facebook will release an announcement about making their own blockchain. Few months ago, facebook banned all crypto related advertisement. Is it because they are against cryptocurrencies or is it because they are planning to make their own blockchain?

[ralle14]

Nevertheless, the banning was related to the spamming and suspicious of ICO's activities, they didn't ban the complete world, but the suspicious ads (please tell me if I'm wrong on this point, for I do not own a Facebook account-I despise the platform- and my point is based on what I've read only).

Yeah they didn't ban it completely. Most ico ads were removed but there are still some that managed to promote cryptos in form of giveaways.

Facebook is not blockchain friendly, if they are they wouldn't have block the advertisements from ICOs. They might only get interested in Blockchain if they need data of users blockchain.

It's only right to ban ICO ads because it could easily trick innocent users in to investing and expecting to make a profit from this which is not guarantee to happen. People can still promote ICOs in facebook by posting or making their own page and share posts. The same thing is happening here in the forum theymos doesn't allow any form of altcoin ads (the slot after the first post) but still allows altcoin to be promoted in other forms like bounty/signature campaigns.

[Herbert2020]

Only rumors, but I see that this can be real (unicorns taking over crypto).
This would popularize blockchain and crypto to a new level, I think we are not so far from that anymore.

https://cointelegraph.com/news/facebook-exploring-making-its-own-cryptocurrency-media-report

Don't you think it is weird that they banned anything related to crypto currencies from their platform saying that they are all "deceptive" and now they are trying to make their own? I guess those are just rumours as the article says those are unconfirmed information. Or it might have to do something with using the blockchain technology but not making crypto currencies.

actually the fact that they banned everything else proves that they are in fact working on it for real. and there are enough trusted sources out there reporting this that you can believe it. besides it is not really a weird thing to look into blockchain technology, many big companies have been doing it for some time now. they all see the potential one way or another (from the technology itself or the ICO fund raising scam)

[Denker]

I don't see how a blockchain or a crypto currency could be useful for facebook.
Facebook is all about control and centralization. The users are the product.
I just thing that Zuckerberg tries to jump on the hype bandwagon, but nothing really useful or from benefit will be made for the users.
If they indeed should launch a "crypto currency" I believe it's going to be more something like a gift certificate program.

[maaydin]

if this is real news and not just rumors the banning of every crypto ads on their platform makes so much sense because firstly you eliminate your competitors than try to become the monopol.

[Radio-Active]

Only rumors, but I see that this can be real (unicorns taking over crypto).
This would popularize blockchain and crypto to a new level, I think we are not so far from that anymore.

https://cointelegraph.com/news/facebook-exploring-making-its-own-cryptocurrency-media-report

What ? i thought facebook banned cryptocurrency from their social media.
So they banned other crypto because they want to create they own cryptocurrency. Interesting.

[ariaalex]

I am fully agreed with you. Once Facebook adopt blockchain, it would be more popular and widely accepted by mass people.

[Magic Sarap]

Only rumors, but I see that this can be real (unicorns taking over crypto).
This would popularize blockchain and crypto to a new level, I think we are not so far from that anymore.

https://cointelegraph.com/news/facebook-exploring-making-its-own-cryptocurrency-media-report

Once facebook accepted the blockchain, it would be spread easily and become popular to everyone.

[renes]

Facebook and other companies will probably use blockchain technology and even create their own coins but now they start their coin for what? I don't think they start a ico for that.

[jpnl0004]

Its quiet funny whats going on these days on facebook and cryptocurrencies really dont know what to make of it but crypto will still go on.

[jhon_21]

 Few days ago facebook decided to block bitcoin advertisement & its true facebook is researching on blockchain system where bitcoin applied this on 2008 but they wants to apply this system and they may be develop their own coin because they know bitcoin will lead the future so bitcoin system is really acceptable for everyone because of its facilities so bitcoin price will increase soon & also many of the investors are investing money on bitcoin.

[addeqt]

Yeah! that is true and not a hoax or just an new information that is trying to cover up fb in the recent scandals. 
But as i read the story about that, they have no plan to generate a token or start and ICo. It seems that they will use the blockchain technology to run more of its recent services rather than creating a new product or services. If that is the case then, people will have no chance to invest in the blockchain technology fb is investigating. Additionally, based from the news the blockhain team is just small and it is not expected to develop what it is intended this current year. 

[Tan_avia)vl.]

Facebook has long had to think about it! The main social network expresses фoнд, and to visit uses completely new developments and to visit embeds them! It's about time!

[insidertradingeverywhere]

Oh yeah! Facebook, who sells data to federals, Instagram, any of the social platforms are not good to advertising Bitcoin - clean and anonymous technology, that's my point.

[GeorgiyBilyk]

Of course it comes to ridiculous! I remember recently Soros said that bitcoin and the entire crypto market is a complete nonsense and a bubble that it is not worth investing .... and at the beginning of this year began to invest huge money in a crypto world! the same thing is obtained by Facebook, only recently facebook and tweeter shouted that they prohibit advertising and promotion of the crypto world ... and now the rumor about the creation of a new coinface Facebook has already passed! Facebook is planning to get on iso !!!! class, begin to quietly give up all haters crypt!))))