Tag: face coin

Is Facebook's Cryptocurrency a Threat to Bitcoin?

Is Facebook's Cryptocurrency a Threat to Bitcoin?

It’s been reported in the news recently that Facebook is preparing to launch its very own cryptocurrency project. While details around this remain scarce for now, I thought it would be worth discussing whether such a project would pose a threat to Bitcoin and other traditional decentralised cryptocurrencies. What do you think? DISCLAIMER: This is…

Facebook Creating A Cryptocurrency! 1.5 BILLION People Could Use Facebook Cryptocurrency

Facebook Creating A Cryptocurrency! 1.5 BILLION People Could Use Facebook Cryptocurrency

Anonymous sources have confirmed to Bloomberg that Facebook is releasing a cryptocurrency for use on Whatsapp. It will be a stablecoin used for sending money across borders. This is a huge development, and it represents a tremendous move toward mainstream adoption of cryptocurrency. Facebook owns both Whatsapp and Messenger. Whatsapp has 1.5 billion users, and…