According to the Cheddar financial news network, Facebook cryptocurrency can become a reality. Cheddar reports that the company is considering the creation of its own cryptocurrency.
Facebook Cryptocurrency for easy payment
At present, there are not so many details, but the company is said to be specifically focused on using cryptocurrency to facilitate payments on the platform, which can be a rather dramatic shift considering the vast Facebook user base and the existing section on the site market for the purchase and sale of goods.
An unnamed person who is well acquainted with these plans reported that
“They are very serious about it”
Setting up a group
Facebook has been around for about a year studying blockchain technology. The other
day CNBC reported, that David Marcus, one of the company’s top managers, the head of the Messenger platform and former CEO of PayPal, said he was leaving Messenger. And as he put it
“setting up a small group to explore how to best leverage blockchain across Facebook, starting from scratch”
A Facebook spokesman explained Cheddar: “Like many other companies Facebook is exploring ways to leverage the power of blockchain technology. This new small team will be exploring many different applications. We don’t have anything further to share.”
Have reached this
Markus in February at the Upfront Ventures’ annual summit in Los Angeles said: “Payments using crypto right now is just very expensive, super slow, so the various communities running the different blockchains and the different assets need to fix all the issues, and then
“when we get there someday, maybe we’ll do something”
From the ban cryptocurrency to the creation of the Facebook cryptocurrency two steps
Recall that previously some Internet giants such as Facebook, Google, Twitter announced the ban on advertising cryptocurrency on their platforms.
Marcus then supported the decision of CEO Mark Zuckerberg’s decision to block all ads related to this category. He said: “We want to protect the community. That’s job number one. All the legitimate people in the crypto world that I spoke to at least thanked me for what we just did with that move,” Marcus said. “The reality is the vast majority of these ads were a scam, and we cannot allow scams to exist on our platform.”
So what for other cryptocurrencies when there is a Facebook cryptocurrency 🙂