Facebook Crypto – Orwellian Nightmare Or Bitcoin Price Fantasy?

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Facebook is launching a cryptocurrency, what is it, why you should care, and what does it mean for Bitcoin?

Sources
https://www.forbes.com/sites/stevenehrlich/2019/06/05/what-everyone-should-know-about-facebooks-foray-into-cryptocurrency/#50bb2576e6c8

Facebook to Roll Out ‘GlobalCoin’ Cryptocurrency in 2020: Report


https://www.theblockcrypto.com/tiny/report-facebook-plans-to-create-independent-foundation-to-manage-its-cryptocurrency-will-charge-members-10m-licensing-fees-for-right-to-operate-node/
https://news.bitcoin.com/zuckbucks-or-bust-how-sec-rulemaking-hurts-startup-cryptos-and-favors-big-tech/

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Facebook Crypto – Orwellian Nightmare Or Bitcoin Price Fantasy?

42 comments

  1. I’d rather have a thousand Satoshi than a million Global coins I can use Satoshi anywhere on the planet I can be barred/ band from using Global coin the choice is obvious

  2. I deactivated my account on FB months ago. Don’t trust them. Becoming tyrannical.

  3. RECOMMENDED EXCHANGES & WALLETS
    GET FREE CRYPTO
    ABRA – GET $25 IN BTC – (US bank deposits or AMEX)- https://invite.abra.com/p9lwV0WqCR
    COINBASE – GET $10 Free Bitcoin on sign up! https://bit.ly/2zqeVfV
    LIQUID – GET $10 FREE QASH (verify & make $100 trade) – https://www.liquid.com?affiliate=Gtrf6wJG586147

    TAKE YOUR SECURITY SERIOUSLY – GET A HARDWARE WALLET
    LEDGER NANO https://www.ledgerwallet.com/r/6877

    TOP EXCHANGES
    BINANCE – #1 Crypto Exchange https://www.binance.com/?ref=10192350
    BINANCE JE – BUY CRYPTO IN POUNDS & EURO https://www.binance.je/?ref=35019746

    CERTIFIED CRYPTOCURRENCY BROKERAGE
    CALEB & BROWN – Brokerage – Trade OTC like the big guys https://bit.ly/2Feq8F6

    LEARN TO TRADE AND MASTER CHARTS
    TRADER COBB 10% OFF CODE THELARK10 – https://tradercobb.com/?ref=169

  4. Wow, eye opening when you said what happens when Facebook suspends my account along with all other truthers

  5. I wouldn’t touch FB Crypto no matter how much it mooned or widespread its use.
    F suckerberg

  6. They’ll link up with centralized exchanges and then have access to your bitcoin wallet info. 🖕🏾 GlobalCoin.

  7. Zuck-bucks will prove as influential to finance as Chuck E. Cheese switching from metal tokens to Stored-Value Cards.

  8. @Lj Bartley I doubt it, because you can always generate a new wallet address, that’s why the blockchain is so cool.

  9. You will link your full FB profile to all of your crypto transactions if you do that. One of the things GlobalCoin promises is to strip away anonymity and make it MUCH easier to audit purchase history. The surest way to do that is to voluntarily participate in a coin like GlobalCoin.

  10. 2 weeks after I created my facebook page with my real name there were 30 people who had copied my name including an afroamerican and I can tell you no african can have the kind of last name I have unless they get married to a german. so after that I could no longer find my page and had to create a fake name. there’s probably 1 tenth of genuine facebook profiles

  11. Hello! Did you know that bitcoin is not an anonymous currency? Use bitcoin mixer for your safety. helixgrams(.)com

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