Facebook Going Big on Blockchain – Is Bitcoin in Trouble?

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Facebook's blockchain team is expanding, what is Zuckerberg up to? What might it mean for Bitcoin?

Sources

Morgan Creek’s Pompliano: Facebook Will Build ‘Most-Used Product in Crypto’


https://www.ccn.com/how-did-twitter-ceos-square-overtake-coinbase-as-1-bitcoin-buying-app/amp/?__twitter_impression=true

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Facebook Going Big on Blockchain – Is Bitcoin in Trouble?

32 comments

  2. Facebook has been hemorrhaging users and revenue on a consistent basis. Cashgrab is obvious here and I think their days are numbered by actual competing products…on the blockchain! Nice multi-punch video series today man.

  5. It will be another centralized garbage money. No one will care about it. It’s being done right now on other platforms like Twitch so I don’t see anything new here.

  9. You know FB can not make a blockchain coin. They are already a target of regulators because of the fake news. If they make a coin that can exchange money among its users every financial institution will come after them. They can state rightly, that some of FB users are terrorist, criminals or undesirable by government. They can accuse FB of facilitating illegal payments

  10. Yeah I deleted my FB account at the start of this year, then soon after their stock crashed. That made me feel soooo good

  14. Facebook is a trend, and trends go out of style. Most teenagers and soon to be young adults do not use it whatsoever. I really believe their days are numbered.

  15. Deleted FB almost a year ago. Pass….. Too creepy for me and it is healthier to leave your lounge room every now and then and chat to your friends face to face and be pleasantly surprised when they update you on what has been going on in their life, with a hug and a smile (just like the ‘good ol days!’….) rather than already knowing, via the screen of an iPhone. Heck, I might even try writing a letter or two this Christmas and send a few paper based Christmas cards…

  17. Facebook has a lot problems of Data trust and is centralize and if something happens. They sell personal data to third parties.

  18. About 5 years here. I’m pretty content with life. I enjoy watching the banks burn. Enjoy the show.

  21. Dude you are amazing I was just thinking the same thing but for mass adoption it will.have to be somewhat centralized

  29. Yeah, I actually fear that FB might be able to co-opt the crypto-movement by doing this. Unless the people wake up, and see this action for what it is. I’d feel better about it if I didn’t see so many humans walking around semi-conscious, eyes on their screens. Did you notice in most of the vids of Les Gilets Jaunes, they were NOT doing this. Also, Mr. Lark, I am very pleased to see you wearing the yellow vest!

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