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Yoshinoya (OP)
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June 17, 2019, 04:57:01 AM |
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Facebook's cryptocurrency is highly anticipated in the crypto community to be one thing that helps increase mass adoption. With the help of Visa, Mastercard, Uber and PayPal, this can finally become a reality.
Reports surfaced earlier this week by the Wall Street Journal that social networks had signed more than a dozen companies to support crypto currencies, stablecoin which had been developed in secret for more than six months. Each of these new supporters will invest around $ 10 million in the project as part of a consortium that regulates cryptocurrency.
In addition, the report said that Booking.com, Stripe, and MercadoLibre were three other companies that were part of this project but there was no one to determine their role to date.
Facebook has revealed that it was GlobalCoin last December, although the company has suggested that they are looking at cryptocurrency as far back as 2017.
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Sacramentus
Jr. Member
 Offline
Activity: 448
Merit: 2
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June 17, 2019, 05:00:35 AM |
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Facebook's cryptocurrency is highly anticipated in the crypto community to be one thing that helps increase mass adoption. With the help of Visa, Mastercard, Uber and PayPal, this can finally become a reality.
Reports surfaced earlier this week by the Wall Street Journal that social networks had signed more than a dozen companies to support crypto currencies, stablecoin which had been developed in secret for more than six months. Each of these new supporters will invest around $ 10 million in the project as part of a consortium that regulates cryptocurrency.
In addition, the report said that Booking.com, Stripe, and MercadoLibre were three other companies that were part of this project but there was no one to determine their role to date.
Facebook has revealed that it was GlobalCoin last December, although the company has suggested that they are looking at cryptocurrency as far back as 2017.
I still find it very difficult to believe all the news circling the Facebook global coin, since no news has officially come from Facebook. I believe there should be a source of where you got your information from, do good to add it and let's try to figure out how authentic is your information. |
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masulum
Legendary
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Activity: 2240
Merit: 1595
hmph..
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June 17, 2019, 12:12:31 PM |
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It's unbelievable for me, few years ago, Facebook announce if they will be blocked crypto advertising on their platform. But today i read if FB will released their cryptocurencies whitepaper on 18 June.
If that news is right, i think it will be easy for FB to find another financial corporate partner. But, as sacramentus says, no official statement from them, its mean till today just an rumours.
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enhu
Legendary
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Activity: 2492
Merit: 1018
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June 17, 2019, 12:25:59 PM |
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Facebook's cryptocurrency is highly anticipated in the crypto community to be one thing that helps increase mass adoption. With the help of Visa, Mastercard, Uber and PayPal, this can finally become a reality.
Reports surfaced earlier this week by the Wall Street Journal that social networks had signed more than a dozen companies to support crypto currencies, stablecoin which had been developed in secret for more than six months. Each of these new supporters will invest around $ 10 million in the project as part of a consortium that regulates cryptocurrency.
In addition, the report said that Booking.com, Stripe, and MercadoLibre were three other companies that were part of this project but there was no one to determine their role to date.
Facebook has revealed that it was GlobalCoin last December, although the company has suggested that they are looking at cryptocurrency as far back as 2017.
I still find it very difficult to believe all the news circling the Facebook global coin, since no news has officially come from Facebook. I believe there should be a source of where you got your information from, do good to add it and let's try to figure out how authentic is your information. Nothing yet that is coming officially form facebook itself but just from their financial staff. But all that's been in that news perhaps made this price spikes. Its however very ironic to see one of the reason why price of bitcoin dumps terribly was also because of facebook banning crypto in their social media platform and now they are also helping it regain. |
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Revvo1
Jr. Member
Offline
Activity: 272
Merit: 1
"simply getting the job done"
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June 17, 2019, 12:49:41 PM |
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Facebook's cryptocurrency is highly anticipated in the crypto community to be one thing that helps increase mass adoption. With the help of Visa, Mastercard, Uber and PayPal, this can finally become a reality.
Reports surfaced earlier this week by the Wall Street Journal that social networks had signed more than a dozen companies to support crypto currencies, stablecoin which had been developed in secret for more than six months. Each of these new supporters will invest around $ 10 million in the project as part of a consortium that regulates cryptocurrency.
In addition, the report said that Booking.com, Stripe, and MercadoLibre were three other companies that were part of this project but there was no one to determine their role to date.
Facebook has revealed that it was GlobalCoin last December, although the company has suggested that they are looking at cryptocurrency as far back as 2017.
I still find it very difficult to believe all the news circling the Facebook global coin, since no news has officially come from Facebook. I believe there should be a source of where you got your information from, do good to add it and let's try to figure out how authentic is your information. Exactly my bias too! I think all these articles, news flying all around are nothing mere rumours which however can only be subsided with a release of an official update from the body in question. Therefore, it not safe to get haywire from all these. |
Mycro Jobs
〈 SIMPLY GETTING THE JOB DONE ⟩ |
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tonyja2017
Member
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Activity: 532
Merit: 10
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June 17, 2019, 01:02:03 PM |
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There are many businesses who are investing in globalcoin with the desire to have huge profits in the future in Globalcoin's services. This is also one of the largest projects ever, we will see the crypto market will have more whales and the market will become more volatile when there are too many whales manipulating. price.
Prepare yourself and see which whales fight each other.
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terrific
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June 17, 2019, 01:05:09 PM |
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My guess would be this globalcoin will be accepted in those companies service.
At least this coin does have usecase already.
Not like those altcoins that are conducting ICO, most of them are useless.
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hrunya102
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Activity: 546
Merit: 11
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June 17, 2019, 01:06:33 PM |
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The main thing is that it can increase the number of users of cryptocurrency, increase trust, people will see that the use of cryptocurrency is convenient and simple.
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r_delossa
Member
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Activity: 490
Merit: 10
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June 17, 2019, 01:09:48 PM |
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Outstanding news, hope this hype around Facebook coin is going to bring our industry on the new level. I do not know exactly when they are going to launch this coin, but without any doubt it is going to be awesome.
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madfox11
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June 17, 2019, 01:26:26 PM |
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It's one more step towards mass adoption. We can safely say that this is the recognition of cryptocurrency markets by world giants. Blocking crypto advertising - that's all in the past now, the next bull run will be unimaginable.
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numeracci
Newbie
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Activity: 129
Merit: 0
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June 17, 2019, 01:27:50 PM |
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Facebook's cryptocurrency is highly anticipated in the crypto community to be one thing that helps increase mass adoption. With the help of Visa, Mastercard, Uber and PayPal, this can finally become a reality.
Reports surfaced earlier this week by the Wall Street Journal that social networks had signed more than a dozen companies to support crypto currencies, stablecoin which had been developed in secret for more than six months. Each of these new supporters will invest around $ 10 million in the project as part of a consortium that regulates cryptocurrency.
In addition, the report said that Booking.com, Stripe, and MercadoLibre were three other companies that were part of this project but there was no one to determine their role to date.
Facebook has revealed that it was GlobalCoin last December, although the company has suggested that they are looking at cryptocurrency as far back as 2017.
Just thinking...FB coin will have to be used from FB users, but no sign of that on FB to inform users...just finding this weird. |
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nemey
Member
Offline
Activity: 658
Merit: 10
Catena X
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June 17, 2019, 02:07:09 PM |
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Personally, I'm still waiting for the latest news about this real concept.
Well, if it's true, it will be one of the promising projects to be followed up. We know that Facebook has had a big name and I think it must have their big crypto through GlobalCoin. However, how is about the chance? Let's see how it will be after on exchange.
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qazgroup
Member
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Activity: 1022
Merit: 20
RiveMont
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June 17, 2019, 06:35:40 PM |
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It is basically because all mainstream companies and enterprises want to be associated with crypto in some way because they know the potential holds and i think all these events of fb launching a coin and major companies backing it is a sign of adoption and massive news for crypto market.
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arpon11
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June 17, 2019, 06:52:01 PM |
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This is a great development and if all this companies adopt and invest in this globalcoin I think bitcoin will also benefit from it . I strongly believe that we have been praying for mainstream adoption of cryptocurrency and company like PayPal, Facebook, MasterCard and book.com coming into cryptocurrency and investing in it is one of The greater things that will happen to bitcoin and “blockchain technology in general” and I believe that governments are going to see this as opportunity to “adopt bitcoin and cryptocurrency into our financial system”.
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Grishanya1234
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June 17, 2019, 07:01:39 PM |
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I read this news today and was very surprised that such large companies as Visa and Uber decided to invest in Facebook cryptocurrency. This proves once again that when the token of this project goes to stock exchanges, it will have a huge demand.
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puertorikosena
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June 17, 2019, 07:25:09 PM |
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If this really happens and facebook will release its cryptocurrency, then this news will bring a huge number of new users to the cryptocurrency market, which will certainly have a positive effect on development.
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Yoshinoya (OP)
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June 18, 2019, 03:38:45 AM |
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If this really happens and facebook will release its cryptocurrency, then this news will bring a huge number of new users to the cryptocurrency market, which will certainly have a positive effect on development.
Facebook has taken a key approach to cryptocurrency because they haven't really given anything. It is still a question for what GlobalCoin will be used but the BBC has suggested that Facebook might look at retailers to allow their users to buy goods and get discounts using stablecoin. In addition, this Cryptocurrency will be used to transfer money directly from Facebook to retailers, eliminating credit card companies as intermediaries. |
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Nalbo
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June 18, 2019, 03:42:57 AM |
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It's already confirmed. And it truly makes the global coin of facebook global. Unlike the predictions of Facebook's crypto being only internally used inside the facebook ecosystem, the token seems to be used for every possible ways in real life. But we might also soon get a competitor from google and amazon.
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asriloni
Legendary
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Activity: 3024
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
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June 18, 2019, 04:27:23 AM |
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My guess would be this globalcoin will be accepted in those companies service.
At least this coin does have usecase already.
Not like those altcoins that are conducting ICO, most of them are useless.
Can you compare a big major companies which have so many supporters and partnership and a small company that started from zero? it's not fair. I would not be surprised to see that happen with the facebook global coin and maybe another major company will try to support or create their own one. FB will never try to do a wrong thing because that can destroy its credibility. |
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jacafbiz
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June 18, 2019, 04:41:14 AM |
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I don't think anyone is surprise with the way big companies warm their heart to this project, Facebook is a huge success and if you look at what they have done with Instagram and Whatsapp, you would understand that they know well how to build a products, but can it compete well with BTC and do the market trust it, time will tell
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