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 think it's just a rumor. But if Facebook is really creating its own cryptocurrency, that's great!! The cryptocurrency market will become much more popular.
They are a tech company and they see the increase of adoption in crypto, so probably they want to have a share in the pie.
A business in order to survive in the long run, it needs to adopt changes and it's just timely that they will also participate in the crypto craze.
Facebook is facebook, it's very popular but with the latest technology, there's a chance that they will be come obsolete.