Daily Crypto News: Will Facebook Buy Coinbase? Trezor Is Finally Adding Monero etc (Video)

Hey folks, besides cryptos going down today, we do have a lot of news out there so lets go through the headlines. The first one is regarding the rumour about Facebook buying Coinbase:

Link: https://twitter.com/CryptoYoda1338/status/1011987408215265280

Comment: This could be huge for mainstream adoption if this were to be true. As you might be aware of, Im not a fan of Facebook but I want cryptos to become part of all of mankind and having Facebook with 2 billion users as a crypto supporter would certainly help us to spread the word. Of course, it remains to be seen if this is true or not, but at least we know that Facebook is allowing crypto ads again, so we know that they likely endorse cryptos in general.

So, lets move on to other news, EOS founder Dan Larimer says that he wants to replace its constitution and replace it with a new one. This sounds pretty weird since they just launched EOS, but he probably have his reasons. I do believe that the founders of EOS owns about 10% of the votes so a suggestion from Dan Larimer will likely go a long way.

Link: https://twitter.com/blockchainchick/status/1011981651629387776

Max Kaiser is saying this:

Link: https://twitter.com/maxkeiser/status/1011969554648625153

Comment: I would have to concur, I believe that we are headed for a major financial crisis, likely much bigger than the one we had in 2008-2009 since we never really solved those debt problems and today the current monetary system is as corrupt as it could be. We will need cryptos in order to transition into a new monetary system and I think that will be Bitcoin, Bitcoin Cash, Litecoin and Monero etc replacing the dollar, the Euro and the Yen.

I also found this today, you are probably familiar with my standpoint on Bitcoin, I want it to be everyday cash but I dont see that happening anytime soon and that is why Im hedging with Bitcoin Cash and Litecoin. Therefore I found this prank headline amusing:

Link: https://twitter.com/nimdaamidn/status/1011752084327288834

Comment: It seems like a lot of Core Developers want Bitcoin to be digital gold and rarely used and I dont think that was the plan Satoshi Nakamoto had in mind if you read the white paper.

Finally, we have some great news if you own Monero. Trezor just announced that they are about to add Monero to their hard wallet. This is awesome news since their current wallets kind of sucks bigtime. So, I will move my Monero as soon as this will become possible.

Link: https://twitter.com/TREZOR/status/1012308383305695232

Have a great evening!