You are viewing a single comment's thread from:

RE: Will Facebook’s Coin Trigger Mass Adoption?

in #dpoll • 5 years ago

Voted for

  • Other (please, comment)

It is a crap shoot.
I don't think its necessary for them but I can understand why they would like it.

One advantage could be that Facebook has the resources to shape or force regulation.

A huge downside is that Facebook might abuse this and stack the deck against other cryptos.

I'm always wondering why Facebook never tried to be inspired by WeChat. That's a crazy app and doesn't need crypto

5 years ago in #dpoll by
$0.03
  • Past Payouts $0.03, 0.00 TRX
  • - Author $0.02, 0.00 TRX
  • - Curators $0.01, 0.00 TRX
2 votes
Reply 1
Sort:  
  • Trending
    • [-]
     5 years ago (edited)

    Wechat: In China, users who have provided bank account information may use the app to pay bills, order goods and services, transfer money to other users, and pay in stores if the stores have WeChat payment option.

    That means they aren't banking the unbanked, you need an existing bank account in Wechat. I think Facebook's future fees - and forex margins - also matter a lot. We will see the conditions, expenses, administration... And if and how many countries, dictatorships, semi-dictatorships will forbid the use of this coin.

    $0.00
      Reply

      Coin Marketplace

      STEEM 0.18
      TRX 0.14
      JST 0.029
      BTC 58051.31
      ETH 3136.86
      USDT 1.00
      SBD 2.44