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

[r.black]

In fact, this was all quite expected, even unexpectedly why other corporations are slow with the introduction of their tokens. I will give a very simple example. The same Google - it could easily introduce its own token, and introduce it into the community almost forcibly, introducing as mandatory for payment of its services, payment for applications and so on. And given that Google is distributed around the world - the demand was huge, as billions of users would buy it for everyday use.

[1713298569]

1713298569

[rehydrogenated]

Facebook has the opportunity to make a truly creative social token. I had no doubt they would. Who wouldn't want a permanent record of everyone's preferences stored forever on the blockchain and even have to host your own servers? However, what they will realize is that anyone can use that blockchain and take the info for themselves. So they will have a hard time selling to advertisers that make up the bulk of their revenues. In the end they will use the token like a glorified gift card or store credit card. The world of blockchain technology is still evolving.

[Herbys]

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

It is not surprising that corporations will create their own currency, they have a million audience that will immediately distribute crypto.
I talked about this for a long time, when I wrote about the introduction of the current cryptocurrency.

[alroys]

Already certain, Facebook will create their own Cryptocurrency, because Cryptocurrency is a very potential and profitable business in the future. if Facebook has created a crypto of course this will be sold in the market, and will certainly be crowded. because we all know, Facebook is the largest Social Media today, with more active users than we can imagine.

[NelfiNovita]

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 that happens, it will be a burden for the facebook users because the application will not be free again before the facebook app is free. not a good idea if facebook makes its own coins.
maybe this is the assumption of some people because if thought again before facebook has banned ico for its users, so they think facebook will create its own coins.

[jademacoy]

Yes of course the target could be those crypto ads that will use their token coins to avail the ads for facebook. We all know that facebook has given us the chance on their application for free but some are not. So to those areas that are not freely shared and given by facebook they could use tokens as to avail the service needed like what i had mention earlier on posting ads ex. is crypto ads and i know that there could be more than that.

[Dudeperfect]

I am sure that it will be something like a Facebook credit system that we had earlier. However, Facebook will definitely use blockchain this time. We might be able to use Facebook coin not only for buying services from Facebook but also to exchange money with our Facebook friends. However, even in that case, it won't be a decentralized payment system because Facebook will never share the control with the users.

[Kotone]

Yes of course the target could be those crypto ads that will use their token coins to avail the ads for facebook. We all know that facebook has given us the chance on their application for free but some are not. So to those areas that are not freely shared and given by facebook they could use tokens as to avail the service needed like what i had mention earlier on posting ads ex. is crypto ads and i know that there could be more than that.

I doubt that the if the facebook create an owned cryptocurrency it will sell in market. there's are chance but the priority of this coin is in bout the facebook. it can be used as the crefit card for the facebook. and also, maybe the uses will be different in the coin in the cryptocurrency. but I think it would be popular.

[marlouied04]

wow. that will be dope, we know what facebook can do. i think it will, because if they do that they can gain profit and that all that it takes.

[LeGaulois]

It's just a speculative news, nothing more. The truth is Facebook just assigned someone as director of a blockchain department. It doesn't mean at any cost Facebook will create it own coin. And with the latest scandal with Cambridge Analytica I doubt a lot of people will trust their own crypto

[gorodi]

If facebook do make their own coin, it will not be good for them. Facebook was made to be free, making a digital money probably to avail some services for the facebook will just make people think fb is there to get money from its consumers/

Do you guys trust Zuckerberg enough to add FBcoin to your portfolio? I’m a bit sceptical about it, mainly due to my safety concerns. But no doubt, FB cryptocurrency will get popular among FB users. Hope their wallets will be not so easy to steal as their FB accounts, haha

[cuteness]

in my opinion before zuckerberg should launch that coin, study the security of facebook account, nowadays, accounts can be easily hacked.

[Giratina]

I think it will be indemand , because facebook is one of the largest social media here in the whole world which many people uses their services and that will be their edge for that journey.