Facebook is raising money for Facebook Coin

[miklesm]

I agree with your opinion, it seems like Facebook is going to build something much more ambitious than just a stablecoin. Maybe it will be some kind of platform like TON.

[dmzworld]

When a big and huge company as this come out to launch its own crypto then the investors can be sure of making profits even though its not coming as early as that but at the long run, it would pay off.

[criptAndroya]

Facebook has no problems with monetization of its product, and the money collected, if they are charged, something like a dividend, may well go to the purchase of the next promising projects

[efrenbilantok]

It is never been late for Facebook to join the blockchain ecosystem, this is gonna be a serious project and a really good investment that's for sure with a very trusted although a peeping tom facebook. Gotta jump right at this, raising money would be very easy according to my feelings alone lol.

[Newmusa]

I am sure that one of the aim of facecoin is to make money but at the same I don't think it can't replace bitcoin.

[Greed Dev]

I think they will not participate in the crypto market. Because this is a decentralized market and the Facebook token price will be easily manipulated. Large technology businesses will not want to enter the crypto market because the stock market is the best and safest place for them.

[Abal Abal]

Too late. They most likely missed the crypto train. Banning crypto ads and accounts damaged their reputation and it wasn't already in a good shape before it.

It will still create some hype however. It still has a name which is worth millions of dollars. Just a name...

I don't think it's too late for Facebook, we know that Facebook has a big name even though it actually tarnished in the crypto world, but I'm sure with the big steps and seriousness that the Facebook party will take a lot of big investors come and this will be truly extraordinary.

[shakesbear]

For Facebook, this is of course a good opportunity to get new sources of income. If it happens, I hope fbcoin will just take its place in the top 10, Bitcoin will remain the leader in the crypto market.

[aioc]

Either way, they can help cryptocurrency to move forward, with Facebook with its massive advertising and being a marketing giant online, but I still doubt if it can surpass Bitcoin in terms of volume and popularity, remember Facebook is not popular on communist countries like Russia and China, I can see Facebook as just another hype coin in the making.

[PuertoLibre]

Facebook CEO Mark already has said about their strategy of social media coin and these steps will make them re-think their opinion to crypto regulations. The Facebook coin is not actual nowadays and there are no so many things left to do for this purpose.

[Lonthe]

I agree with your opinion, it seems like Facebook is going to build something much more ambitious than just a stablecoin. Maybe it will be some kind of platform like TON.

I hope that the presence of Facebook coin makes crypto's performance getting better and better known globally, this is what makes us always have to be optimistic about the future of crypto, buying now is certainly very good and profitable.

[B.]

This will be very good for Facebook having to tokenise their space. Facebook has improved over time especially the aspect of adding reward for posts. With a digital asset it will be easy to have a global outreach.

right by seeing facebook users who spread a lot throughout the world, Facebook will be able to get a lot of benefits because it is very easy to find opportunities and with Facebook issuing new coins will be a new solution for the social world because it brings banking in it.

[batang_bitcoin]

Facebook CEO Mark already has said about their strategy of social media coin and these steps will make them re-think their opinion to crypto regulations. The Facebook coin is not actual nowadays and there are no so many things left to do for this purpose.

Is it final? I thought that they are raising fund for the technology.

[e@symode]

Facebook is a project that really has great potential for improving the transition from the cryptocurrency sphere to the real one. I hope that they will be able to do a lot in order to enter cryptocurrencies.

[Dennicex]

Facebook is a project that really has great potential for improving the transition from the cryptocurrency sphere to the real one. I hope that they will be able to do a lot in order to enter cryptocurrencies.

You're right. The introduction of a cryptocurrency by such giants of the industry as Facebook can attract many millions of new users to the crypto industry.

[shinratensei_]

Facebook CEO Mark already has said about their strategy of social media coin and these steps will make them re-think their opinion to crypto regulations. The Facebook coin is not actual nowadays and there are no so many things left to do for this purpose.

Is it final? I thought that they are raising fund for the technology.

I never heard of them have already started to release new crypto, they are interesting to create new crypto and that's true if they will try to consider their policy to the crypto again.  I never heard if they are raising fund to create new technology and where did you hear it?

[DonFacundo]

if they launch their FBcoin I don't think it will replace bitcoin just because of million users of facebook, not all of them are crypto users. Well let's see that in the future.

[batang_bitcoin]

Facebook CEO Mark already has said about their strategy of social media coin and these steps will make them re-think their opinion to crypto regulations. The Facebook coin is not actual nowadays and there are no so many things left to do for this purpose.

Is it final? I thought that they are raising fund for the technology.

I never heard of them have already started to release new crypto, they are interesting to create new crypto and that's true if they will try to consider their policy to the crypto again.  I never heard if they are raising fund to create new technology and where did you hear it?

Just looke what others are saying, they mean to say that it was already planned that FBcoin is soon to be released.

Although after researching, it was said to be a rumor and FB didn't announced such coins will exist. But if it is a fact and FB is just delaying the announcement, I wouldn't be surprised.

[D1jay]

Too late. They most likely missed the crypto train. Banning crypto ads and accounts damaged their reputation and it wasn't already in a good shape before it.

It will still create some hype however. It still has a name which is worth millions of dollars. Just a name...

Lol! This is basically your own perception but not the general view of thousands or should i say millions of people still using facebook till date, this is business where people will have the opportunity to earn profit if it is available, i don't think the few accounts that were banned will have a dent on Facebook intentions, when eventually this comes to reality, watch and see how crypto community and the non crypto people will react, money has power, you should know that.

[sockpuppet1911]

I wonder how will they play this. Will it be withdrawable or do you need a facebook account to access your wallet? Will they work with governments and AML laws and need a kyc for this? Maybe they can report your income if you bank too much on fb coin or the government asks them to.