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Author Topic: Facebook shitty coin. Facebook selling information of their customers  (Read 588 times)
elitemobb
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May 29, 2019, 12:21:41 PM
 #21

I do not know where you get this information from, but on Facebook token, I can say one project will be top and the token will be in demand and I think it will go to the top exchanges. Of course, I understand you are negative news for every project, but they are made for the purpose of public relations and competition like this.
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May 29, 2019, 12:26:32 PM
 #22

iinto was hoping to see a concrete information to back your accusation concerning Facebook coin and Facebook selling users data. You can't just say things like that without any information to back up your claims.

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May 30, 2019, 05:50:23 PM
 #23

I don't understand people thinking facebook is small. Dudes are running a website that has over a billion people on it even if you do not use it anymore, an app that people chat everyday, literally almost all mobile phone users use whatsapp (except places like china where it is banned) and a website where millions of people share their pictures and write comments all day. So they are one of the strongest technological companies in the world that is literally gaining power like its nothing over people and doing the "big brother is watching you" part of their work for the governments and whoever else pays them.

So, thinking that globalcoin is not a big deal is really naive, it is a huge deal, its good that crypto currencies are getting famous but globalcoin will be used for many bad stuff because facebook has done many bad stuff with the power they have and now they will have another big power over people. This will be horrible.
christian07
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May 30, 2019, 09:01:14 PM
 #24

That's really a possible thing OP but we know facebook is very popular already like this are trusted,useful and helpful so if they run a digital currency here for sure this can similar like this brings so much convenience too then i think if this is not good facebook will turn gone already in the past still this run for so long period of time,Moreover Mark Zuckerberg is the developer of fb so i think many will trust this

Adriano2010
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May 30, 2019, 09:03:45 PM
 #25

Is bad when companies sell information of his customer to another parties, i wish to get more info about this and maybe someone will sue them if they sell the sensitive data, but if not nothing can be done. But is their choice to create a crypto coin and let them do to see how will be.
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May 30, 2019, 09:06:11 PM
 #26

I will not call their coin shitty yet let us just wait and let them first come up with their coin, business and details only then we can analyse and criticize their project also i think we need to stay positive because if fb coin results in the growth of general crypto market as well then definitely we should support fb coin, do not forget that fb has over 2 billion users on their platform.

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May 30, 2019, 09:11:04 PM
 #27

Centralized coins will never outbeat decentralized. They might as well try but it is what it is.  Cool
umbara ardian
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May 31, 2019, 04:33:55 AM
 #28

If Facebook adapts cryptocurrency payments, it will only help its rating. There previously were much info that Facebook confidentiality = zero, everyone can buy user's password, what r we gonna see if they launch crypto payment?
For make facebook rising again before catched they sell them custumer KYC.
Look like facebook use Popular cryptocurrency for rating them market self. not other technology blockchain, it will happen exclusive only for them customer for payment them group self.


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tsaroz
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May 31, 2019, 05:26:47 AM
 #29

Facebook has always sold their customers and it's no surprise it would continue to do so. But what's changing is the way it's receiving and sending money. With the implementation of it's own blockchain and token, Facebook would introduce a huge group of people to Cryptocurrency for the first time. It would be a great advertisement for the real cryptos.

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May 31, 2019, 06:13:56 AM
 #30

Personally, I will never use their coin, because anonymity and security for me in the first place, I should have cryptocurrency private keys in order, but I think Facebook will not hand out keys to users.
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May 31, 2019, 06:35:03 AM
 #31

Personally, I will never use their coin, because anonymity and security for me in the first place, I should have cryptocurrency private keys in order, but I think Facebook will not hand out keys to users.

I think for investment, its good if facebook launch global coin. Its profitable because back up by big company in the world and already have billions users in the world. With many platform like messenger or others, global coin will make our transaction more easily

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May 31, 2019, 07:29:03 AM
 #32

Facebook is the most popular networking site nowadays. Anyone can have it, and can fake an individual. The more it became expose to millions of users the more prone it is to deceit. The image of Facebook somehow became unreliable. How much more creating their coins?

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June 01, 2019, 05:29:45 AM
 #33

Of course, data confidentiality should come first for any company. But what do we see in reality? Mobile operators sell databases, sometimes it seems that even banks spread information about the contact information of their users. If Facebook adapts cryptocurrency payments, it will only help its rating. There previously were much info that Facebook confidentiality = zero, everyone can buy user's password, what r we gonna see if they launch crypto payment?
Joining the blockchain industry still will not change the fact that they have zero rating when it comes to people’s confidentiality, which is why I do not completely trust their use of cryptocurrency too to run their business because it will be absolutely impossible for Facebook to create a decentralized coin.

This coin they are creating will be another centralized coin that will not protect people’s details or keep it anonymous, so I really don’t see the need for people to accept the coin. If you see that I support Facebook coin today, Is just because I am hoping it will create awareness for people who would like to invest in BTC.
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June 01, 2019, 05:37:36 AM
 #34

Indeed that's the one of the problems with centralized systems, users data is always manipulated by the owners of that platform and which is also the reason why blockchain will continue growing because with time, people will be tired of data insecurity and will see the potentials within blockchain.
For Facebook, let's keep our fingers tans see how it works out, because one thing is sure, if it launches and continues in that trend people are likely to dump it as we are getting wiser everyday.

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June 01, 2019, 09:50:44 AM
 #35

One good thing in all these industries is that they finally realize that crypto is the future. Every industry will try creating their own coins. The funny part is that they will always stay far behind because they weren't the founders. They missed it.
mdzahed134
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June 01, 2019, 10:00:45 AM
 #36

It is not only Facebook that sells our data but all the big online business giants like Google, Microsoft etc.
Facebook coin might be shitty but it shall make a killing sales and a lot of people will struggle to buy it when it launched.
Yes, every online based platform selling our data but some leaked in publicly and others many still hide we don't know. Cambridge Analytica Data Scandal was big in the last year it’s leaked. So that people don't more believe in this platform. I don't think Facebook coin will be shitty. Yeah,many people invest tron of money with Fb coin. I think don't need to biased investment in any potential project.                 

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June 01, 2019, 11:51:58 AM
 #37

Facebook is against everything that crypto stands for yet they are creating their own coin.

Probably it will be a utility and big cooperations can steal users data with those coins.

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June 01, 2019, 12:03:52 PM
 #38

We will see a lot of new scammers who will try in every way to hack your account. Well, I do not think that FB is so stupid. They have enough money to develop protection against fraud.

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June 01, 2019, 02:22:23 PM
 #39

Facebook management need to review policies and take as confidential their customers details. Mobile operators are the worst they give out customers numbers at will for mass marketing, these things ought to be kept secret, they gain extra money from all these illegal deals.

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June 02, 2019, 10:26:34 PM
 #40

Although I have heard stories of Facebook wanting to have more access and selling information of their users but I heard Google already doing that which is a big secret. But I can't say that the Facebook coin is a useless one because I know many investors are ready to get hold of their assets.

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