Will Facebook and Social media intergrate Bitcoin?!

[Trance]

http://blogs.wsj.com/digits/2014/04/14/report-facebook-moves-deeper-into-mobile-payments/?mod=e2fb

[beatljuice]

I don't think what they are doing has anything to do with cryptocurrency.

My guess is that they want to make it easier for users to purchase things directly from advertisers and content providers on Facebook with fiat. That doesn't mean they won't ever add Bitcoin, but I doubt it's happening in the next few months. Also, I don't think it would make for a large amount of transactions with any currency early on.

The perception Bitcoin speculators might have if Facebook adopted it might make the price jump, but it wouldn't be on any merit right away because it will take a while (maybe years) for Facebook's new payment system to even be used by a lot of people whether it's accepting BTC or not.

[g4c]

Yes they will, eventually.

But by that time facebook may be just "that platform that old farts use".

Also your title is different to poll, I answered yes to poll, but I don't actually think it will make price "skyrocket", by that time price and adoption will already be high, so facebook will not cause a skyrocket, just another bump.

[MarketNeutral]

See here:
https://bitcointalk.org/index.php?topic=571219.msg6231710#msg6231710

[Velkro]

no way coz facebook is anti-winklevoser brothers
obviously bitcoin fail on this for facebook

[IIOII]

It is not desirable, because FB is a hell of a data collection platform.

It doesn't matter either in the end, because FB has reached it's usage climax and will now start to die slowly within the next 10 years.

[grifferz]

Facebook and other social networks are just one more place that apps that take payments are spread. Zynga was looking at bitcoin payments. It's Zynga and companies like it that will drive that one.

[bryant.coleman]

no way coz facebook is anti-winklevoser brothers
obviously bitcoin fail on this for facebook

My thoughts exactly.... The Winkelwii and their 100,000 coin BTC ETF are quite famous right now. Zuckerberg is at odds with them and don't want to do anything which an indirectly benefit the Winkelwii.

[vnvizow]

Definitely not, Facebook bought the Oculus Rift and see how its popularity dropped

[PhenguinsGO]

Definitely not, Facebook bought the Oculus Rift and see how its popularity dropped

This!

Also, Bitcoin == privacy. Facebook != privacy.

[gagalady]

Don't think this will happen. If it will then i have no words 

[Dogtanian]

Probably never. They'll bring out their own form of payment I reckon,

[Sindelar1938]

Now that might just be the killer app ntc needs!
hope it happens soon in some form...

[jabo38]

no way coz facebook is anti-winklevoser brothers
obviously bitcoin fail on this for facebook

+1  there is no way Zuckerberg will ever even indirectly support the Winklevii

[billysweird]

Of course!

[Lethn]

Facebook benefits and relies far too much on centralised models for Bitcoin to benefit them from my point of view, even if they did the amazing thing and accepted it openly you can bet a lot of paranoid Bitcoiners including myself would stay the hell away from it because of the NSA and CIA.

Also, with stuff like http://twister.net.co/ in the works, who the fuck needs facebook anymore?

[jeliman]

http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/digital-media/10765151/Facebook-prepares-money-transfer-service.html

I guess this is all about fiat ??

[grifferz]

I think those saying that Zuckerberg will never work with the Winklevosses

• assume that Zuckerberg will never do something that makes business sense because of emotional reasons
• overestimate the Winklevosses influence in the Bitcoin world

neither of which is necessarily true.

I doubt that Zuckerberg personally approves of everything that Facebook does. I suspect he mainly cares if it makes money.

I don't know if Facebook will ever adopt a cryptocurrency, but the fact is that Facebook makes a lot of money through advertising and in-app payments, and these are applications that cryptocurrencies are suited to.

[Lauda]

If Bitcoin does become more popular, yes. Although I don't see this happening soon.