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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Confirmed User
Industry Role:
Join Date: Jun 2014
Posts: 948
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Facebook cryptocurrency coming in 2020:
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#2 |
So Fucking Banned
Industry Role:
Join Date: Jul 2016
Posts: 4,613
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I reported on this last year. At the time it didn't have a name, just Facebook coin. The general thoughts were no one would buy it.
I can imagine it being huge though |
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#3 |
Confirmed User
Industry Role:
Join Date: Oct 2002
Location: In wonderland..
Posts: 7,147
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I'd like them to fail miserably, but like you say keyword HUGE. So apparently this globalcoin crypto will be used as a currency on facebook to buy stuff. Lame name though.
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#4 |
Carpe Visio
Industry Role:
Join Date: Jul 2002
Location: New York
Posts: 43,052
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I've spent the past month in and out of Facebook data centers and their main campus. This is definitely something that they're focusing on...hard.
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#5 |
Too lazy to set a custom title
Industry Role:
Join Date: Dec 2011
Posts: 26,732
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if it is a stable coin, why the fuck would I buy it?
if it is not a stable coin, why the fuck would I use it? there is no need for the extra step in funding (credit card to exchange to seller) when I can pay direct (credit card to seller)...I get 0 protection as a customer with crypto...0 advantages...just extra fees for buying coins to pay with coins with money I had on my CC anyway... crypto should be called "extra step for customers coins"... |
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#6 |
So Fucking Banned
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
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#7 |
Confirmed User
Industry Role:
Join Date: Feb 2007
Posts: 6,904
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interesting. If they still had the reputation they did 5 (actually probably more like 7 - 10?) years ago they may have had a chance.. here in 2019... who the fuck trusts facebook with *anything*? That they are focusing hard on it is a plus sign for crypto in general, as the tech moves along (more big players getting involved), but I can see this one falling flat on it's face.
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#8 |
So Fucking Banned
Join Date: Jun 2005
Posts: 3,770
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Facebook is inept
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#9 |
Industry Role:
Join Date: Mar 2003
Location: San Diego
Posts: 32,173
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It was inevitable..
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#10 |
Confirmed User
Industry Role:
Join Date: Jan 2019
Posts: 311
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The question is why haven't they launch it while the cryptocurrency bum few years ago
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#11 |
So Fucking Banned
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
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couple/few years ago everyone thought they could survive without crypto. They all realized to compete, they creating their own, even if it's a sort of "in house" private blockchain like Jp Morgan is launching.
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#12 |
Too lazy to set a custom title
Industry Role:
Join Date: Dec 2011
Posts: 26,732
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why the fuck would a normal consumer buy a facebook coin?...what could be the reason?...paypal or CC are too simple?
![]() ![]() ![]() decentalized/trustless/unconfiscatable all mean nothing to 99.9% of all internet users... what is the reason for facebook coin? |
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#13 |
Too lazy to set a custom title
Industry Role:
Join Date: Dec 2004
Location: Happy in the dark.
Posts: 92,989
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Here comes another shitcoin . . .
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