What happens if facebook really create a cryptocurrency ?

[brawdias]

Do you think that the whole market will grow, so Bitcoin, Ethereum become more popular as well ? Or fb would dominate ?

https://cointelegraph.com/news/facebook-exploring-making-its-own-cryptocurrency-media-report

 

[Sam Brenner]

IDK but I'm gonna buy it anyways.

 

[MEng]

Good News. We all can Buy Low.

 

[kelevrad]

Buy and hodl?

 

[plottsch]

Do you think that the whole market will grow, so Bitcoin, Ethereum become more popular as well ? Or fb would dominate ?

Those things are not mutually exclusive. I believe that a coin sponsored by a huge corporation will never be able to get users who like the anonymity of BTC and other crypto. That being said, even if FB dominates, the market will grow.

 

[proxified]

they are exploring the arena for blockchain, I believe they won't be introducing cryptocurrency. Facebook is much bigger than whole cryptocurrency market.

 

[raregem009]

they are exploring the arena for blockchain, I believe they won't be introducing cryptocurrency. Facebook is much bigger than whole cryptocurrency market.

Please read the article.

 

[awesomewebsites]

It will be huge. Good for those who could not invest in bitcoins earlier.

 

[kontentdruid]

you could make the argument that any major company which introduces their own coin would sell a shit ton of them: amazon, apple, microsoft, pinterest, walmart etc

the q is what value will it provide

id sooner buy facebook stock than a fb coin

 

[John Thor]

Oh yeah.. First they ban cryptocurrency, then they create ICO..

 

[raregem009]

you could make the argument that any major company which introduces their own coin would sell a shit ton of them: amazon, apple, microsoft, pinterest, walmart etc

the q is what value will it provide

id sooner buy facebook stock than a fb coin

With the coming of polymath and security tokens, stocks and coins would serve the same purpose and you get dividend from both in future.

 

[viivii]

it will make crypto more popular, but i think its rummors

 

[John Thor]

it will make crypto more popular, but i think its rummors

I think the same because first they ban it and after that they create ICO.... illogical..

 

[plottsch]

id sooner buy facebook stock than a fb coin

100% agreed, sir. Fb as a company has shown great value, fb coin I may buy some at the beginning for the hype, but I'm not going to make a serious investment until they have demonstrated value.

 

[Alexpaberla]

I think the same because first they ban it and after that they create ICO.... illogical..

Illogical ? ... Facebook want to lead a large part of the world ) Thats why banks invest in crypto To lead us ! This is the purpose of the government to lead us if you can not stop crypto world buy or create your own currency .

 

[John Thor]

Illogical ? ... Facebook want to lead a large part of the world ) Thats why banks invest in crypto To lead us ! This is the purpose of the government to lead us if you can not stop crypto world buy or create your own currency .

And how they are going to lead the world by creating the ICO? Its rumours and nothing more..

 

[Degen]

Crypto came because everyone wanted a global currency. These days every yooha is making their own coin. ..Lizard coin Will be popular