Welcome to the Dash Forum!

Please sign up to discuss the most innovative cryptocurrency!

Will Facebook Become The Biggest Name In Crypto?

Discussion in 'Alternative Currencies' started by Mikil, Mar 5, 2019.

  1. Mikil

    Mikil Member

    Joined:
    Aug 2, 2018
    Messages:
    201
    Likes Received:
    4
    Trophy Points:
    78
    Their model for the social network has truly changed the world. The next step in Facebook’s progression will see them enter the blockchain industry with rumours suggesting that one day, Facebook wants to use crypto-based currencies to become the biggest central bank in the world. Facebook have designed a platform that is used by millions of people on an hourly basis, it’s so ingrained in our lifestyles that Facebook exists across our devices, our telephones, or televisions, our computers and what next, our cryptocurrency wallets?

    The big question for the majority of the crypto community is how will Facebook actually go on to integrate themselves as a part of the cryptocurrency community. If you haven’t got the idea yet, the possibilities are truly endless when it comes to Facebook’s role within cryptocurrency because they have the technology and most importantly, the financial backing to do whatever they want. They can launch new crypto products in an instant realistically.

    Source

    What do you think about potential of facebook crypto?
     
  2. tungfa

    tungfa Administrator
    Dash Core Team Foundation Member Masternode Owner/Operator Moderator

    Joined:
    Apr 9, 2014
    Messages:
    8,801
    Likes Received:
    6,684
    Trophy Points:
    1,283
    same hype as that Telegram crypto which "will take over the whole market" ;)
    and so far .... noding
     
  3. Mikil

    Mikil Member

    Joined:
    Aug 2, 2018
    Messages:
    201
    Likes Received:
    4
    Trophy Points:
    78
    I don't really believe that such popular social media platforms as Telegram or Facebook are able to outperform BTC or any other well known altcoin. That's really ridiculous.
     
  4. GrandMasterDash

    GrandMasterDash Well-known Member
    Masternode Owner/Operator

    Joined:
    Jul 12, 2015
    Messages:
    2,596
    Likes Received:
    939
    Trophy Points:
    183
    Or maybe more to the point, will fb be able to wash their hands of liability when governments start knocking on the door demanding backdoors and censorship?
     
  5. WSV

    WSV Member

    Joined:
    Jan 25, 2019
    Messages:
    61
    Likes Received:
    1
    Trophy Points:
    48
    Facebook is a popular company and has a lot of users, but its crypto won't be better than ETH or BTC, to overcome both these currencies Facebook needs to create something extraordinary
     
  6. rosita

    rosita Member

    Joined:
    Aug 6, 2018
    Messages:
    125
    Likes Received:
    5
    Trophy Points:
    68
    I believe more in Telegram success, than Facebook.
     
    • Like Like x 1
  7. WSV

    WSV Member

    Joined:
    Jan 25, 2019
    Messages:
    61
    Likes Received:
    1
    Trophy Points:
    48
    And why? As a company, Facebook may cover more users and cooperate with really big companies
     

Share This Page