Facebook makes its own coin, will it be selling in the market?

[electronicash]

can OP post where he got the information? its no an English  text there.

if facebook had attempted to create a virtual money and have failed, what makes them sure they will succeed today? even if they use blockchain of their own as long as they keep the data of a user, i will always use my fake account in facebook. but i may trade with it so long as it gets listed on big exchanges.

[Juggy777]

Bitcoins and other cryptos worked cause they were decentralised and not centralised that's the key for their success otherwise what's the point of having one more centralised coin. I wouldn't opt for a coin that is centralised and already had the technology to scop on me, first my facebook data now my finances hell no I'll stay away from this shit.

[Kakmakr]

So this is just another PayPal <centralized crypto currency> for Facebook users. There is no doubt that this will be successful, because most people trust big corporations like this. The only people who might not use this, would be people who understand the problems with centralized authority and how currencies like this would be controlled by centralized authorities. <Most people do not have a problem with that, if you look at the user base of technologies like PayPal.>

We will just have to educate people, before this happens. <Highlight the dangers and disadvantages> 

[Rhaizan]

While prohibiting cryptocurrency ads or digital currency circulating on the platform, does not mean Facebook is really anti with bitcoin and the like.

Facebook reportedly preparing to make its own virtual currency, although not yet known when the official was announced.
https://tekno.kompas.com/read/2018/05/14/11440097/facebook-bakal-buat-mata-uang-digital-sendiri

If the facebook make it's own coin, well I think it will become a popular we know the power of facebook to many people.
I guess it will have a good performance in the crypto market.

[Herbert2020]

can OP post where he got the information? its no an English  text there.

if facebook had attempted to create a virtual money and have failed, what makes them sure they will succeed today? even if they use blockchain of their own as long as they keep the data of a user, i will always use my fake account in facebook. but i may trade with it so long as it gets listed on big exchanges.

this has been a somewhat viral news, if you search google you will find it.
besides who cares about Facebook and what they are doing. they are the most centralized company that you can think of and all the information that goes into them will also go to 3 letter agencies in US. nobody will be interested in using the coin that they create.

[jaocoincrypto18]

While prohibiting cryptocurrency ads or digital currency circulating on the platform, does not mean Facebook is really anti with bitcoin and the like.

Facebook reportedly preparing to make its own virtual currency, although not yet known when the official was announced.
https://tekno.kompas.com/read/2018/05/14/11440097/facebook-bakal-buat-mata-uang-digital-sendiri

I think you should post this in your local thread because it is not english so we might possibly misinterpret this topic because of this link but anyway base on your topic that FB will created their own coin then of course all cryto currencies coin should be in the market or exchanges to determine the potential of the coin and to see it their coin will become successful or not.

[ondabeat]

Blockhain has a decentralized records storage system, this system is believed to help Facebook out of its recent problems like identity verification or ad sales.
As said earlier, Facebook has not announced when it will launch its homemade cryptocurrency.

[chickenfried12]

Such social media sites can create their own currency to make money This can be done with blockchain technology Of course the size of Facebook can not be disputed, but is it not the case now that Crypto is a company that can already earn Millions of dollars in how to use money or virtual currency or advertising money .

[Olano]

I think that Facebook should create its own cryptocurrency. Facebook is a social network with a huge audience. It would be very good if you could make the payment inside the network using cryptocurrency. It would add Facebook popularity and interest new users.

[mriansa]

I do not really know how the development of the coin but in my opinion it is certain Mark Zuckerberg has the concept to put his coin on the exchange and hopefully it could trigger price movements of some other digital currencies.

[croptodic]

From my perspective i think they don’t do this because firstly they ban crypto currencies ads and now they wants to make crypto currency coin.

[angelfaria]

I heard that news before that facebook is making its own crypto coin. In my opinion ita not a good idea. Facebook is a social app. People use to communicate with others people. So if they make this social app into cryptomarket than i dont think so that it will be appreciatable.

[jimlyon]

It will not be like bitcoin. Facebook have endeavored to make Facebook cash previously yet it wound up as a disappointment and utilizing a similar thought however as a computerized cash controlled up by block chain innovation; Facebook by and by is thinking to make a digital currency to suit their motivations yet one thing is clear and that it will require a long investment before they can understand their thought and in the meantime there will be no ICO for that crypto. Facebook will need a huge time to achieve popularity like bitcoin.

[akshayp]

I don't think so, they will be started with an ICO. Facebook will launch directly its cryptocurrency or 'Facebook coin'. The Facebook coin will be easily available on big exchanges where we can trade the coin. I am very excited about the Facebook cryptocurrency.

[DarrinEspacio]

Thats very good news for ctypto lover . so many giant company are waiting to launch own currency

[bitcoinfuck]

unprivacy coin

we will make sure your granny sees your nudes - Facebook

[reflectcrypto]

i am hearing about their facebook money from ages lol. lome times it feels like they are banning crypto ads in facebook, just because of they are not confident enough about their version of curency which they are willing to make.

[Rossy Akbar]

Maybe they just want to sponsore their own ads of their coins,I mean that's make sense because facebook is a company also,  they wanna make a really good and big profit for their own bussines even they know that promoting another ads also has good profit. Well,  we'll see how it goes, maybe it would be good for us as well.

[jonalva]

That's a great news! Facebook is used by millions of people everyday. Through Facebook, Bitcoin will get exposure and popularity and more people will be interested to invest in this field.

[Sonajin_Coin]

Facebook's a juggernaut whether we like it or trust it I think just like their stock, that their own coin would have value and be traded.
However, for someone security and privacy conscious like us would we ever buy or trade with it?  The answer would be no and I think many would agree.
If we can't trust Facebook with basic privacy and security, they can't be trusted to handle our finances.

It's also important to remember that many companies have tried to knockoff PayPal with their own payment system and essentially all of them have failed.

I am really split on the issue of whether it would succeed.