Heard a rumor that facebook was thinking about launching their own crypto. What do you guys think about this?
Would also love your feedback on Algebraix. App that keeps your data private and pays you to watch ads. how do you think they will measure up to the advertising giants like facebook and google?
I have not personally heard this news. But I think it sounds pretty interesting. If the FB has made its own coin, then millions of people who have not been interested in the crypto world so far may be starting to do so. It also depends on what the purpose of the coin will be, but it still sounds interesting.
- I also heard this news but I think this is just a fake news because facebook is not really interested in crypto, they have forbidden crypto in the past and they have just removed the ban recently, there is no reason for them to think about creating their own crypto, the government is still too strict on this issue. However, Facebook is probably still waiting for some action from the government, such as adoption or legalization of bitcoin, if this could happen, facebook will create their own crypto, they are a technology company, they will miss the opportunity to develop this