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Author Topic: Facebook now joining btc?  (Read 2529 times)
Menawi12
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August 17, 2018, 10:03:59 AM
 #281

Facebook is largest social media in the world and having big capitalization in stock market. If facebook join in btc and cryptocurrency market, it will give big impact. But from what i am read, facebook only lifted their ban on crypto ads

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eyesninja21
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August 17, 2018, 11:00:23 AM
 #282

Is this a good time for Facebook to try new kinds of stuff. Facebook owner Mark Zuckerberg has become the world's third richest man in the world and he has achieved all that just because of technology and a right idea, So do you guys think he will now at least think about experimenting to take bitcoin as a payment method in facebook. I think that will surely change a lot of people's mind around the world and they can freely put some money on facebook business.


Interesting take. You don’t think there will be viable competitors to Bitcoin that are decentralized, or do you? If you do, then I think a Facebook crypto could become one of those, because a Facebook crypto could be decentralized from the start or at some point. Bitcoin is already facing competition.

Depending on the decisions of the bitcoin core dev team, they would stay on top or not. But if another coin were to beat bitcoin, it will be decentralized, open source, non-government/corporate-backed. Supporting a Facebook coin would be as bad as staying with our fraudulent monetary system.
localcrypto
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August 17, 2018, 11:46:55 AM
 #283

Facebook is joining block chain technology nt crypto currencies Facebook won't create their own coin
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August 17, 2018, 12:51:03 PM
 #284

The time before Facebook and twitter, Google shook hands to ban the content related to cryptographic code, but now join the BTC, it is extremely deserving of humiliation.
alroys
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August 17, 2018, 01:22:53 PM
 #285

Is it true that Facebook joins Bitcoin, if this is true then this is good news, and I hope this will help the development of bitcoin and cryptocurrency throughout the world.
win365
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August 17, 2018, 05:56:28 PM
 #286

Is this a good time for Facebook to try new kinds of stuff. Facebook owner Mark Zuckerberg has become the world's third richest man in the world and he has achieved all that just because of technology and a right idea, So do you guys think he will now at least think about experimenting to take bitcoin as a payment method in facebook. I think that will surely change a lot of people's mind around the world and they can freely put some money on facebook business.
In my opinion this type of conclusions is too fast right now because we cannot predict that and we cannot know that for sure, but it feels like Facebook is feeling much more positive towards cryptocurrency than before.

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August 17, 2018, 06:31:01 PM
 #287

First of all, i don't think facebook will let that happen for now as they have let the crypto projects be banned on facebook. You can't see ads anymore about cryptos because they've prohibited it and then all of a sudden they will make crypto or bitcoin as one of their payments? That may take a while.
Second, I don't think that facebook or other social media platforms will consider cryptocurrencies because if they really see crypto or bitcoin as a big one, i think they already joined in investigating.
But i think everything will come in the right time. If they will really see crypto in a positive way then time will tell.

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phpartisanmaster
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August 17, 2018, 06:57:05 PM
 #288

Is this a good time for Facebook to try new kinds of stuff. Facebook owner Mark Zuckerberg has become the world's third richest man in the world and he has achieved all that just because of technology and a right idea, So do you guys think he will now at least think about experimenting to take bitcoin as a payment method in facebook. I think that will surely change a lot of people's mind around the world and they can freely put some money on facebook business.
In my opinion this type of conclusions is too fast right now because we cannot predict that and we cannot know that for sure, but it feels like Facebook is feeling much more positive towards cryptocurrency than before.

If the rumors are true and facebook is going to create their own market for cryptocurrency then bitcoins price will increase even more in the future and all you need is patience to become wealthy.
strideynet
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August 20, 2018, 06:44:48 AM
 #289

big companies never miss a good technology, so I think it's time for Facebook to join BTC
ZwodderLucas
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August 20, 2018, 07:09:34 AM
 #290

Facebook can easily create its own cryptocurrency and integrate it into the existing social networking platform. However, the company may choose to cooperate with one of the available currencies (depending on the purpose of the company) and help them overlook the expensive and long-term development.
Yaunfitda
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August 20, 2018, 07:15:01 AM
Last edit: August 30, 2018, 06:25:51 AM by Yaunfitda
 #291

First of all, i don't think facebook will let that happen for now as they have let the crypto projects be banned on facebook. You can't see ads anymore about cryptos because they've prohibited it and then all of a sudden they will make crypto or bitcoin as one of their payments? That may take a while.

As far as I know, Facebook already change their policy towards crypto.

https://techcrunch.com/2018/06/26/facebook-reverses-its-crypto-ad-ban/

But they are implementing strict policies and applicants will go to a process.

Second, I don't think that facebook or other social media platforms will consider cryptocurrencies because if they really see crypto or bitcoin as a big one, i think they already joined in investigating.
But i think everything will come in the right time. If they will really see crypto in a positive way then time will tell.

I agree. Social media is not into bitcoin and some of them are totally against it. They might change their stance in the future but they will not go into bitcoin and invest on it.

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pedangrusak
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August 20, 2018, 07:16:42 AM
 #292

Crypto and Blockchain's reach as a machine is very broad and includes many fields when Facebook is committed to going into the crypto world so this will greatly benefit both the crypto community
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August 20, 2018, 07:45:24 AM
 #293

Is this a good time for Facebook to try new kinds of stuff. Facebook owner Mark Zuckerberg has become the world's third richest man in the world and he has achieved all that just because of technology and a right idea, So do you guys think he will now at least think about experimenting to take bitcoin as a payment method in facebook. I think that will surely change a lot of people's mind around the world and they can freely put some money on facebook business.

This is a huge opportunity to both bitcoin and facebook. They can be a perfect tandem because both of them uses internet connection and this is new, i mean this is something that people seeks because of the convenience at the same time it is instant. It is a win win situation.

ThomasThorGG1
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August 20, 2018, 07:49:39 AM
 #294

Facebook has been experimenting with electronic money in the past. In 2009, the company launched Facebook Credits, which can be used to purchase virtual goods in popular games such as Farmville. However, this feature has not attracted the attention as expected and Facebook has stopped deploying just after 2 years. With the development of cryptocurrency as of today, FaceBook has probably found its chance
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August 20, 2018, 08:08:25 AM
 #295

I think Facebook has no plans to integrate cryptocurrency into the application, at least for a short time.
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August 20, 2018, 08:30:34 AM
 #296

If Facebook owner Mark Zuckerberg join bitcoin business so it is good for bitcoin industry. When they start bitcoin as a payment method in facebook, I don't know when will this. But it will good system for facebook organisation. I think bitcoin payment system for facebook should start soon.
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August 20, 2018, 09:00:21 AM
 #297

If that's true it will be verygood in Facebook community it will be good in Facebook to try a new things.
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August 20, 2018, 09:04:14 AM
 #298

This is a great way for Facebook. Currently, through Facebook payments, new users can only link their Messenger account with the debit and pay to friends by instant message, or purchase via Messenger and Marketplace on Facebook. The scope of use is limited, not linked to other e-commerce applications and sites.
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August 20, 2018, 09:28:47 AM
 #299

That is a very good news about cryptocurrency and bitcoin organization ,because we know facebook is powerful digital media outlets for informations and messages , so if facebook is joining bitcoin then, this a big leap for cryptocurrency activities and bitcoin holders.

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August 20, 2018, 10:12:11 AM
 #300

for such payments using BTC it is likely to be realized, because FB wants to integrate blockchain technology into its business model, according to Gaurang Torvekar, CEO of Indorse, said that believing, Facebook can prevent violations by overcoming and solving many problems recently, especially protect the privacy of people from crimes committed by others in the future using the blokchain system. so, maybe if FB implement the Blockchain system,I can trust, and BTC will adjust for  payment problem

resources : https://www.independent.co.uk/life-style/gadgets-and-tech/news/facebook-cryptocurrency-launch-bitcoin-blockchain-david-marcus-a8343261.html
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