Barclays: ‘Facebook Coin’ to bring in $19 billion by 2021

[Moiyah]

After realizing that cryptocurrency is really profitable, they've changed their mind and also planning to create "Facebook coin". Actually, they already raised a fund of $1billion on this project and I do not think that the $19 billion revenue is really true. This is just a FUD to attract more investors

[playboy654]

Yes this can be easy for them because they are not like the normal company and normal product development company there will be more concentration on the promotions so they can do anything that they want if it was successful then it also one of the important investment in this field.

[efxtrader]

I don't think about what Facebook will do if they really create their own cryptocurrency.
some time ago Facebook has banned advertising related to cryptocurrencies on their platforms. but now they will create a cryptocurrency and join in it, what more drama will this big company do?

Facebook have many advantages if creating their own cryptocurrency. With large numbers of members, they can create their own marketplace and to transaction between members, should using facebook coin. Its great opportunity for facebook to create their own value beside as social media