Quote from: NeuroticFish on December 24, 2018, 01:52:59 PM

Quote from: Hunnykaushal31 on December 22, 2018, 05:53:53 AM

They are developing a stable coin-a type of digital currency pegged to the U.S. dollar as bitcoin have high volatile nature.

This is a good thing that big names are moving into crypto world now.

Actually no. What they do is not really a crypto currency as we know it, it's more like in-company centralized digital FBDollar. They don't really move into crypto world.
They have just find out that with little effort they can do some more "tax optimization". And why not, if the idea is catching up, maybe they even earn money from this "coin".

Correct, im not seeing that they are really serious on adopting or going into crypto but rather creating their own coin for the sake of add-up benefits on making more money.
Crypto wont really be in the sense that it would be a centralized ones.This would really just act like a e-currency not would really be different from fiat.Its just a transition but not actually embracing the tech.