Post
Topic
Board Economics
Re: Facebook bans ads for cryptocurrencies
by
Shadon24
on 07/06/2018, 06:41:56 UTC
Another fud to bring the cryptocurencies down. I think we should see this as another attack and bitcoin price may come down because of the way many people on Facebook may interpret this. Bitcoin and blickchain technology can been used for scam but that doesn't mean any other forms of money can also be used for scam and fund raising. Facebook and Microsoft were in favor of bitcoin and other cryptocurencies before but lately there have started to attacked it for the reason best known to them.
The ban on ads related to Facebook encryption has further cemented the rumors that social networking is poised to advance into the world of digital money. Many suspect that fb is preparing to launch their own currency