Bitcoin Forum
July 24, 2019, 09:58:10 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2019-05-6] Facebook Integral To Crypto, BTC Won’t Get Hurt By “Globalcoin”  (Read 45 times)
CryptoBry
Sr. Member
****
Offline Offline

Activity: 812
Merit: 303


http://1smart.fund


View Profile
May 26, 2019, 07:31:16 AM
 #1






At long last, some of the world’s largest companies are delving into on crypto and related technologies. The past weeks have seen news arise that some of the world’s largest institutions in TD Ameritrade and Fidelity continue to scale into Bitcoin.

What’s also important is that giants of the technology world also continue to foray into the cryptocurrency space. While Microsoft, IBM, Samsung, and Google have made good progress with their blockchain-related products, Facebook may make the biggest splash yet with its own digital asset.

Speaking to CNBC’s “Squawk Box”, Galaxy Digital’s Mike Novogratz accentuated the importance of Facebook’s massive step into this space. The former Wall Street hotshot, now a well-known cryptocurrency investor, said that “Facebook is wildly important for the ecosystem”, adding that this tacit endorsement of the technology behind Bitcoin is resounding. He even states that contrary to popular belief, Globalcoin will add value to the non-centralized cryptocurrency ecosystem, not subtract.

Further Read: https://www.newsbtc.com/2019/05/26/novogratz-facebook-integral-crypto-bitcoin-hurt-globalcoin/

The Facebook's GlobalCoin hype is real and while many are excited on this development there are also who are raising their eyebrows on what it can it means to Bitcoin and the rest of cryptocurrency. Doubters may listen to the man we just quoted above for more ideas of the things to come with this soon-to-debut cryptocurrency. Of course, we have nothing to be afraid of since the marketplace has already decided that nothing will ever comes close to bitcoin...so should we expect that in fact GlobalCoin and Bitcoin can be complementing each other?



▄▄██████████▄▄
▄██████████████████▄
▄██████████▌ ██████████▄
▄████████▀       ▀███████▄
▄████████  ▄██████▄████████▄
█████████  ▀██▀  ▄██████████
▐██████████▄     ▀███████████▌
▐█████████████  ▄  ▀█████████▌
█████████████ ▐██  █████████
▀████████▀██████▀  ████████▀
▀███████▄       ▄████████▀
▀██████████▌ ██████████▀
▀██████████████████▀
▀▀██████████▀▀
.$martFund.

  ▄▄▀▀▀▄▄
▄▀       ▀▄
█▀▄▄   ▄▄▀█      ▄▄▀▀▀▄▄
█   ▀█▀   █    ▄▀       ▀▄
▀▄   █   ▄█▄   █▀▄▄   ▄▄▀█
  ▀▀▄█▄▀▀   ▀▀▄█   ▀█▀   █
     █▄       ▄█▄   █   ▄█▄
     █ ▀▀▄▄▄▀▀ █ ▀▀▄█▄▀▀   ▀▀▄
     █    █    █    █▄       ▄█
  ▄▄▀▀▀▄▄ █ ▄▄▀▀▀▄▄ █ ▀▀▄▄▄▀▀ █
▄▀       ▀█▀       ▀█    █    █
█▀▄▄   ▄▄▀█▀▄▄   ▄▄▀█▀▄▄ █ ▄▄▀
█   ▀█▀   █   ▀█▀   █   ▀▀▀
▀▄   █   ▄█▄   █   ▄▀
  ▀▀▄█▄▀▀   ▀▀▄█▄▀▀
..One-stop Blockchain..
..Investment Solution..
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████▀    ▐███████
███████████    ▄▄█████████
▐██████████▀    ▀▀█████████▌
▐█████████▌       █████████▌
▐███████████    ███████████▌
███████████    ███████████
██████████    ██████████
▀████████▄  ▄████████▀
▀████████████████▀
▀▀████████▀▀



1563962290
Hero Member
*
Offline Offline

Posts: 1563962290

View Profile Personal Message (Offline)

Ignore
1563962290
Reply with quote  #2

1563962290
Report to moderator
1563962290
Hero Member
*
Offline Offline

Posts: 1563962290

View Profile Personal Message (Offline)

Ignore
1563962290
Reply with quote  #2

1563962290
Report to moderator
1563962290
Hero Member
*
Offline Offline

Posts: 1563962290

View Profile Personal Message (Offline)

Ignore
1563962290
Reply with quote  #2

1563962290
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1563962290
Hero Member
*
Offline Offline

Posts: 1563962290

View Profile Personal Message (Offline)

Ignore
1563962290
Reply with quote  #2

1563962290
Report to moderator
1563962290
Hero Member
*
Offline Offline

Posts: 1563962290

View Profile Personal Message (Offline)

Ignore
1563962290
Reply with quote  #2

1563962290
Report to moderator
hatshepsut93
Hero Member
*****
Offline Offline

Activity: 1218
Merit: 765


Bitcoin realist


View Profile
May 26, 2019, 03:51:51 PM
 #2

BTC won't get hurt by facebookcoin even if they wanted to hurt it, because Bitcoin is simply too big for them too swallow. A lot of big crypto companies have tried to mess with BTC with their SegWit2x coin, and they have failed. It's this facebookcoin that should be worried, thousands of alts have tried to compete with BTC and failed - facebookcoin can only seem some light if it will try to find it's own niche - maybe a native currency for Facebook, Whatsapp and Instagram, with ability to send coins to username instead of an address.

davis196
Hero Member
*****
Offline Offline

Activity: 1260
Merit: 542


CyberDice - Best Bitcoin Dice Game


View Profile
May 26, 2019, 05:18:43 PM
 #3

facebookcoin can only seem some light if it will try to find it's own niche - maybe a native currency for Facebook, Whatsapp and Instagram, with ability to send coins to username instead of an address.

Well,you've explained the facebookcoin business model with one sentence. ;DBy the way,it will be great if they manage to succeed with using usernames instead of long complex addresses for coin transactions.This will be a major breakthrough.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!