Facebook - First Universal Crypto? Bitcoin End?

in cryptocurrency •  17 days ago

Facebook - First Universal Crypto? Bitcoin End?

Facebook continues on it's advancement into the cryptocurrency space. The latest aquisition of developers come from chainspace. The confusion seems to be where does Facebook get value from a decentralized blockchain as a business? How do they profit from this? What are we missing?

Some have speculated it's clear it will be a cryptocurrency and payment system for members of the large social network. The idea that facebook could completely seperate from the fed and governments and have their own money system could be on the table. What is clear is this will be interesting to watch.

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