How Zuck bucks (global coin) will skyrocket altcoins?!
Everybody is aware of global coin which facebook is going to launch in a couple of month and everyone thinks its going to be huge for facebook. That's almost unanimous amonng crypto community. But i doubt that. First it is unable to attract all of it's current users. Simply because most of them are very casual users who don't know much about crypto and lack the knowledge and vision even to understand such a phenomenon. For this users it takes a lot of time to understand and eventually use crypto. The potential candidates of zuck bucks will be those who have heard about crypto and possess a tiny bit of knowledge about digital currencies. What zuck bucks will achieve is providing huge media exposure and giving confidence to these people entering the crypto scene and that will benefit altcoins and bitcoin more than it will provide for facebook. As a matter of fact i believe altcoins will get the most attention of them all. Simply because these rookies think bitcoin is very expensive (many dont understand they can buy a fraction of a bitcoin) and they will head towards litecoin and other altcoins. So i think we the steemians should thank facebook for that. 😁
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