Facebook seek coin to invest

[ryap12]

I hope FACEBOOK will reward all the likes, comments and shares made to its members (including me). LoL But for sure that is not going to happen. Anyway, it's a big question mark where they're going to put that $1 billion of funds to back their upcoming stable coin. Maybe we will find that out next month.

[zendicator]

is it true? if that news is true, the facebook stock will be mooning. Big companies are now interested in crypto.

[trauchot]

Facebook understands that the cryptocurrency sphere is now very popular and while this sphere can bring a lot of money, Facebook is going to get this money and therefore we are waiting for new discoveries from Facebook in cryptocurrency sphere.

[alstevenson]

If Facebook involve crypto, i can not imagine how market grow fastly

According to the Wall Street Journal, Facebook is seeking investments worth $1 billion for its stablecoin and is talking to Visa and MasterCard about potential support.

Source;
https://www.wsj.com/articles/facebook-building-cryptocurrency-based-payments-system-11556837547
https://cointelegraph.com/news/wsj-facebook-seeks-reported-1-billion-for-fb-coin-amid-talks-with-visa-mastercard

Yes this is very true, Facebook wants to launch their own coin this year and that would be good for mass adoption. Imagine how many uses facebook, that was a great news in the crypto industry indeed.

[Laslo]

I don’t understand why a Facebook company has its own token?
Probably the token will be a means of calculating the social network. But for what?

[masterrex]

If Facebook involve crypto, i can not imagine how market grow fastly

According to the Wall Street Journal, Facebook is seeking investments worth $1 billion for its stablecoin and is talking to Visa and MasterCard about potential support.

Source;
https://www.wsj.com/articles/facebook-building-cryptocurrency-based-payments-system-11556837547
https://cointelegraph.com/news/wsj-facebook-seeks-reported-1-billion-for-fb-coin-amid-talks-with-visa-mastercard

If that is true Will its very positive news in cryptoland since facebook has a huge social media base followers and users im sure it will be a big hit if that project will pursue.

[corr]

have long been talking about that facebook will release its own coin. such an event would add even more popularity to the crypto market and this would be a good advertisement for both facebook and crypto currency.but I wonder how  facebook will apply its coin?

[Majaz]

I think this is a new opportunity for the development of crypto in the future. With the search for altcoin by Facebook, it will increase the spread of crypto in cyberspace, especially Facebook.

[Mikam]

This seems like there is a policy change on Facebook. Before Facebook ever banned uploads about cryptocurrency, it is now face-to-face looking for an altcoin for investment in it. This is a progress for my security.

[tonymillions84]

the cryptocurrency technology is known for its decentralization. i wonder how facebook, owned by a one fellow plans to understand that. i am sure the token they are planing to work on will be centralized.  very hard to be accepted but due to the money involved people will key in.

[Rembang]

it would be very nice if Facebook intends to invest in crypto, because I really believe that it will increase market prices.

[Laslo]

it would be very nice if Facebook intends to invest in crypto, because I really believe that it will increase market prices.

It would be very good! Example Facebook may follow other serious companies, it can really increase the weight of the whole crypto market. Now we can all just follow the situation.

[jet]

facebook may use ethereum blockchain to start their new coin. it would be big since facebook nowadays was the most used social media platform in the world. It would bring advantage to the crypto world if Facebook will join crytocurrency. Let's just wait how this giant platform takes the world of crypto.

[corr]

If a facebook invests money to produce its own coin or token then it does not mean that the market will start to grow at a crazy pace. The market will start to grow when for lofty players they create the right conditions for safe trading and storage of cryptocurrency. In a word, big players are waiting for legalization

[AltLogan]

Facebook can hardly make its own crypto safe.