Facebook to Develop its Own Stablecoin

[Nggedebus]

What is said in the tweet is still just "if", i think there is still no guaranty about that will really happen.
and if that were true, the coin should be fully usable to be able to compete in crypto world.

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[Absolutep]

That will be a good idea.Am sure it will surely attract the community because Facebook itself has got millions of people on it which will make it easy for them.

[Jadesola]

It will surely be a welcome idea for the community if Facebook can come up with that,i am very sure it will attract the community and it will make it easy for them to build community.

[chakhigh]

I personally think it has nothing to do with bad influence on the crypto market. Because, why these big companies don't just adopt a ready made crypto coin or token?!!!

Because they are just selfish and want their brand in the market.

[el_lobo]

I like this message via a facebook coin.
If even a big player like facebook enters the crypto market, that is certainly good.
I am very curious if and when the coin comes on the market.

[coinporch]

I personally think it has nothing to do with bad influence on the crypto market. Because, why these big companies don't just adopt a ready made crypto coin or token?!!!

Because they are just selfish and want their brand in the market.

of course they want to make money with another way,, my friend,, and maybe thats the reason why this comapny do not adopt ready made cryptocurrencies..
because, if the facebook coin run an ICO, i do believe they will collect a lot of money, because this company is huge

[maksimukr1989]

based on the fact that Facebook has a lot of users, it is likely that creating your own cryptocurrency, it will be very popular.I am also sure that the very fact of using cryptocurrencies will attract even more interest in them.

[BitLendingClub]

I wait for it. Telegram was first who announced. And FB is the next. I think any restrictions that FB made for ICO and crypto ads have a strong direction and goals. And today FB can allow ads and will make own crypto. it looks like joke but in reality it can be those mass adoption that we wait

[2tang]

With its popularity, of course, Facebook will be facilitated more easily in promoting and spreading the coins they make, this is really a good strategy because they realize that what they are achieving now really helps their new project.
and I am believe that there will be many big companies like Facebook will enter the world of cryptocurrency

[letyouearn]

“If Facebook launches the stablecoin they are reportedly building, it will quickly become the most used product in crypto,”
read more here
Anthony Pompliano, a crypto analyst and founder and partner at Morgan Creek Digital Assets tweets about this
https://twitter.com/APompliano/status/1075951717399838722?s=20

mass adoptions in crypto is on its way 

You tell me, what's the use of this news for us?
Another stupid stablecoin bound to fiat currency, what's so wonderful here?
I don't see any reasons to feel happy about this news if you want my opinion. Nothing happened in fact. Facebook owners will become more rich, we won't.

[Way2Paradise]

“If Facebook launches the stablecoin they are reportedly building, it will quickly become the most used product in crypto,”
read more here
Anthony Pompliano, a crypto analyst and founder and partner at Morgan Creek Digital Assets tweets about this
https://twitter.com/APompliano/status/1075951717399838722?s=20

mass adoptions in crypto is on its way 

mass adaptation, we come closer to you in my opinion. that facebook brings out its own coin, is already big step for crypto. i am looking forward to it and i am curious if it makes crypto really suitable for the mass adaption.

[coinporch]

“If Facebook launches the stablecoin they are reportedly building, it will quickly become the most used product in crypto,”
read more here
Anthony Pompliano, a crypto analyst and founder and partner at Morgan Creek Digital Assets tweets about this
https://twitter.com/APompliano/status/1075951717399838722?s=20

mass adoptions in crypto is on its way 

You tell me, what's the use of this news for us?
Another stupid stablecoin bound to fiat currency, what's so wonderful here?
I don't see any reasons to feel happy about this news if you want my opinion. Nothing happened in fact. Facebook owners will become more rich, we won't.

the point from the news above is, a huge company start using blockchain tech,,
and this is a sign if this tech is the best tech at this moment buddy,, just be ready for the next bull if a lot of huge comapny use blockchain tech by use and old crypto or create their own cryptocurrencies 

[Saisher]

I think they are just preparing it in case of blockchain really becomes mainstream, they are just playing safe by following the biggest technology breakthrough, if small and big company can succeed implementing this, why not a giant company like them.

[meanwords]

It would surely bring a lot of investors to the cryptocurrency space because Facebook is one of the largest social media out there and when they did create something, it will surely be popular. This is interesting as they are one of those who is against cryptocurrency and now they are creating one.

[Adrianaaa]

if facebook develops coin it will be huge blow to other crypto currencies.

[bp124]

If facebook is coming into crypto then Zuckerburg is the worse hypocrite i have ever seen .. right if your facebook account is related into crypto and blockchain when you post its goes no where .. few friends will see it ..  facebook has restricted crypto related post to go viral unless you do paid  advertisement .. now they are also getting into crypto ..  This show that crypto is the future no body can stop it .. If you can beat them just  join them !!!     

[Soundy]

This is a welcome development because this will further increase adoption and makes many to believe in the blockchain technology and the concept of decentralized currency but my question is what's the reason why all of them are developing stablecoin instead of normal Cryptocoin

[maculeth]

Yes, Facebook wants to adopt Crypto as a payment used through WhatsApp, they want to emulate the Wechat application. I think the value will be more stable than others, because if it fluctuates, users will not be comfortable using it.

[micairvas]

I think this is just PR. While the development does not go. Of course they have a market. But until they reach the cryptocurrency market there will be too many competitors.

[watergold]

if facebook is right to issue crypto stablecoin, in my opinion, maybe their goal is to make payment tools on facebook such as placing advertisements, buying coin games. maybe it's more than a good idea