Facebook coin is a global threat to BCH? - Do you agree?

[rozak]

we can't make sure that facebok coins can threaten bitcoin cash Bitcoin Cash already has everything from volume, community and exchange we better wait after the coin facebok appears on the market, we just know, what is the value of the facebook coin on the market

[thunderbitz2717]

we can't make sure that facebok coins can threaten bitcoin cash Bitcoin Cash already has everything from volume, community and exchange we better wait after the coin facebok appears on the market, we just know, what is the value of the facebook coin on the market

It can be a threat in terms of the existence of the facebook coin itself. Disrupting the whole cryptocurrency considering the wide range of coverage of facebook may affect bitcoin cash. Investors may shift to a more stable coin that facebook is claiming.

[CutePanda]

I think we better have to wait until Facebook's coin launch in the market. If the coin luanch then we can compare it with bitcoin cash. But I think it will not gonna be easy to take down bitcoin cash from its throne. But we'll see soon about these two head to head in the market.

[poodle63]

Hello everyone!

I just came across this article: https://www.newsbtc.com/2019/06/11/facebooks-global-coin-is-a-threat-to-bitcoin-cash-bch-down-3-7/

I don't know guys if you agree with this or not. I mean that FB's global coin hasn't launched yet in the market, but I was kinda curious about their claim of being a legitimate threat of Bitcoin Cash due to the number of users and their broad base.

It claims that they will be disrupting public chains such as BCH. I've met with BCH founder Roger Ver twice in Philippines and Hongkong. And possibly I would meet him again this month with my colleagues in the Philippines again, and I might let him comment about his thoughts about Facebook coin being a legit threat.

What do you guys think about Facebook coin being a legit threat to Bitcoin Cash? I would love to hear your thoughts about this no matter if its positive or negative.

Thanks in advance!

The creator was thinking if BCH is the biggest coin to compete with facebook global coin and that was a big joke that created by him. 
Globalcoin will become a threat for all of the stable coins especially new stable coin that will be created by binance and another company.
A very well known company created a coin and i don't need to say how much people will FOMO to the global coin.

[Apes]

lately the issue of facebook coin is often discussed, honestly I am still confused about how the FB coin projections and will be used in the future. So far there has been no announcement and official white paper from Facebook about the project existence. how can we deduce the threat to the BCH or other cryptocurrency if we don't understand how Facebook coins work. and I don't want to guessing.

[voltesbit777]

lately the issue of facebook coin is often discussed, honestly I am still confused about how the FB coin projections and will be used in the future. So far there has been no announcement and official white paper from Facebook about the project existence. how can we deduce the threat to the BCH or other cryptocurrency if we don't understand how Facebook coins work. and I don't want to guessing.

You maybe right that until now there's no official white paper for this coin. However, the mere fact that facebook has a reliable and vast network, this is considered a real threat for BCH. Bitcoin Cash is continuing doing its best to show in the people here in cryptocurrency regarding its network. But, seeing facebook that might doesn't need much effort to advertise its network capability will threaten BCH.

[mindrust]

That article is full of shit. That's what happens when you hire random retards to write complete bullshit articles for you.

Bcash was never relevant enough to be the world currency. (neither is facebookcoin) The article compares one shitcoin with no real usage at all to a coin which doesn't even exist. (fbc)

What's really happening is, bcash is dying. It is not facebook who 's killing bcash. It is the daddy. Bitcoin.

[Grishanya1234]

You are mistaken because Facebook is one of the largest social networks in the world and creating your own cryptocurrency is just following the market trends and no one else plans to destroy another token as it is stupid.